Report

QuickView: Mobile consumer lender

Having listed in the Prime Standard segment of the Frankfurt Stock Exchange in February 2015, Ferratum (FRU) intends to continue the strong customer, revenue and profit growth reported for H115 by servicing the growing demand for mobile consumer financial services. The company is expanding its product list and the number of countries where products are on sale. It will launch mobile banking in Q116 and younger products have yet to be launched in many territories where the Microloan product is available.
Underlying
Ferratum

Ferratum Oyj. Ferratum Oyj is a Finland-based company providing mobile consumer loans. Its offering includes unsecured microloans available via mobile devices and online, with amounts ranging from 25 to 1,000 euro and maturity periods between seven and 90 days; as well as PLUS Loans, offered in larger amounts and with longer maturity periods. Additionally, the Company develops FerBuy, a secure e-commerce payment solution for online merchants and consumers. The Company operates as a parent entity of the Ferratum Group, comprising around 40 subsidiaries. It reports two geographical segments: West, including Australia, New Zealand, the United Kingdom, Spain, Germany, and the Netherlands, Belgium, Sweden, Denmark, Norway and Finland; and East, including Estonia, Lithuania, Latvia, Poland, the Czech Republic, Slovakia, Croatia, Bulgaria, Romania and Russia.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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