Business Model

Ferratum Oyj and its subsidiaries form the Ferratum Group which is an international provider of mobile financial services. Ferratum, headquartered in Helsinki, Finland, was founded in May 2005 and has expanded its operations across Europe, North America and the APAC region.

Ferratum is currently represented in 24 countries, in 23 with lending activities and in three countries (Sweden, Germany, Norway) with a mobile banking offer, including deposits. An EU banking license enables passporting of financial services to all EU countries. The EU banking licence acts as an important driver for market expansion: Ferratum Bank p.l.c., one of the subsidiaries of Ferratum Oyj, is a licensed credit institution with a banking licence in Malta which is used for cross-border provision of services in several EU member states.

With 1.6 million active and former customers over all geographies who have been granted one or more loans in the past, Ferratum is one of the leading players for mobile loans to consumers and small businesses. Ferratum provides retail customers with Microloans from EUR 25 to EUR 1,000 with durations between 7 and 90 days, PlusLoans ranging between EUR 300 and 5,000 with a duration between two months and three years, Credit Limits up to EUR 3,000 as well as Prime Loans ranging between EUR 3,000 and 20,000. In 2015, Ferratum expanded into small business lending providing loans from EUR 2,000 to EUR 100,000 with a term of 6 to 18 months.

The Ferratum Mobile Bank, launched by Ferratum Bank p.l.c. in 2016, offers current bank accounts and deposits. Ferratum also provides an open platform for new and future products such as the Ferratum peer-to-peer (P2P) lending platform as well as third-party products (commission).

Ferratum is a specialist for automated banking processes with a centralized technology infrastructure and sales experts. Its proprietary self-learning big data scoring system delivers instant credit approvals with state-of-the-art security.

Ferratum Oyj is listed in the Prime Standard Segment of the Frankfurt Stock Exchange.