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V12VF and Moneyway launch digital finance calculator with Codeweavers am-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from am-online.com Daily Mail and Mail on Sunday newspapers.
DGAP-News: Ferratum Capital Germany GmbH: Ferratum Group publishes Q1 2021 results Ferratum Capital Germany GmbH: Ferratum Group publishes Q1 2021 results 12.05.2021 / 07:30 Ferratum Group publishes Q1 2021 results Helsinki, 12 May 2021 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS) ( Ferratum or the Group ) announces unaudited results for the first 3 months ended 31 March 2021 ( Q1 2021 ). Financial Highlights - Market conditions affected by COVID-19 related lockdowns and decreased loan demand - Solid start into 2021 reaching an EBIT of EUR 5.4 million; credit losses remained well under control - Launch of SweepBank with continued strong increase in revenues: y-o-y +79.3% Key Figures, EUR million -0.01 -0.01 -0.39 Continued cautious underwriting approach in the Ferratum tribe and a controlled increase of the Group s risk appetite in its core products SweepBank and CapitalBox ....
Continued cautious underwriting approach in the Ferratum tribe and a controlled increase of the Group s risk appetite in its core products SweepBank and CapitalBox In Q1 2021 the Group s financial performance and results remained affected by the COVID-19 pandemic. The company continued with its cautious sales and scoring approach in the Ferratum (Near Prime) tribe, in which the Group has, as a reaction to the COVID-19 pandemic, reduced its lending activities since Q1 2020. The Group has selectively increased its risk appetite and marketing activities in the SweepBank tribe which includes Primeloan and the Mobile Wallet as well as in CapitalBox, the Group s SME lending unit. SweepBank and CapitalBox which both have shown substantial growth since Q2 2020 accounted already for 29.8% of the Group s net receivables with EUR 115.4 million at end of Q1 2021. ....
DGAP-News: Ferratum Oyj: Ferratum Group publishes Q1 2021 results Ferratum Oyj: Ferratum Group publishes Q1 2021 results 12.05.2021 / 07:30 Ferratum Group publishes Q1 2021 results Helsinki, 12 May 2021 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS) ( Ferratum or the Group ) announces unaudited results for the first 3 months ended 31 March 2021 ( Q1 2021 ). Financial Highlights - Market conditions affected by COVID-19 related lockdowns and decreased loan demand - Solid start into 2021 reaching an EBIT of EUR 5.4 million; credit losses remained well under control - Launch of SweepBank with continued strong increase in revenues: y-o-y +79.3% Key Figures, EUR million -0.01 -0.01 -0.39 Continued cautious underwriting approach in the Ferratum tribe and a controlled increase of the Group s risk appetite in its core products SweepBank and CapitalBox ....
V12 Vehicle Finance (V12VF) - powered by Secure Trust Bank - has bolstered its financial offering with the launch of its new Prime Hire Purchase (HP) product. The Solihull-based company is a used vehicle finance solution that works with a range of strategic business partners to help independent and franchised dealers across the UK buy, sell and finance used vehicles more efficiently and more often. This new HP product will provide financing between £3,000 - £55,000 to buy a used vehicle, which will be no older than 12 years old at the end of the agreement. V12VF offers a digital-first service with a full suite of software that facilitates quick decision making and fast payouts for both dealers and customers. ....