Published: 2014-06-26 15:25:57 CEST
TrustBuddy AB
Company Announcement

TrustBuddy: Test-release of second generation P2P platform

In recognition of the transitional move from national P2P entities towards multinational P2P industrial conglomerates, TrustBuddy has spent 12 months on the development of its new legal/technical framework, currently being rolled out. Over the past two weeks, the new P2P platform has been carefully launched in testing, and as of today all customers should have access to the new platform mainframe. Several additional features will continuously be added and TrustBuddy expects to see the new platform fully launched during August 2014.

The new platform includes intelligent credit scoring, a new lending module, new interfaces, artificial intelligence and a social media scoring system. It even incorporates a number of hidden features in preparation for new products under the anticipated credit facilitator license set up to significantly reduce the time to market for new services. A complete overview of the new functions will be released once all new components have been live-tested, with new functionality to be released following new licenses from the involved financial market regulators.

For more information please contact:

Jens Glasø, CEO, TrustBuddy International AB (publ)

+47 40 40 47 50,

investorcare@trustbuddy.com

http://trustbuddy.com/

http://trustbuddyinternational.com/

 

About TrustBuddy International AB (publ)

TrustBuddy International AB (publ) is one of the first in the world to focus on arranging loans and capital provision between buddies in Scandinavia in an organised manner. The company is listed at NASDAQ OMX First North in Stockholm. Erik Penser Bankaktiebolag is TrustBuddy International AB (publ)'s Certified Adviser, phone number: +46 8 463 80 00.