In connection with TrustBuddy’s on-going license application in Sweden, the Financial Supervisory Authority has recently sent the company additional information. TrustBuddy will now require a PSD license governing payment services. The Swedish Financial Supervisory has chosen a line that we recognize from other European markets, and one that may lay the foundation for a European regulatory standard. TrustBuddy welcomes this decision and will hand in a full application for a PSD license during week 25 (starting 15th of June).
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.