By Q3 2015, TrustBuddy expects to have reduced the share of originated loan volume that reaches debt collection by 20% - 50% year-on-year, with the aid of our new credit policies and proprietary credit-scoring engine. This will have a substantially positive impact on the return to lenders on our platform.
For more information please contact:
Linus Lönnroth, Acting CEO, TrustBuddy AB (publ)
http://investor.trustbuddy.com
About TrustBuddy AB (publ)
TrustBuddy is a leading diversified peer-to-peer group that operates in Northern Europe. The Group operates under three different brand names (Geldvoorelkaar, Crowdfunding Society and TrustBuddy). The group offers peer-to-peer financing for small and mid-sized companies and consumer loans.
The company is listed at Nasdaq First North in Stockholm. Erik Penser Bankaktiebolag is TrustBuddy AB (publ)'s Certified Adviser and market maker, phone number: +46-8-463 80 00.