Published: 2014-06-26 15:28:06 CEST
TrustBuddy AB
Company Announcement

TrustBuddy: CEO comments regarding the launch of the second generation of P2P platform

Jens Glasø, CEO of TrustBuddy, has the following comments in relation to the previous press release regarding the company's launch of the new generation of P2P platform:

"We have spent millions of SEK and more than 12 months going from the first-generation P2P to be a pioneer with the second generation of P2P. A new wave of effective and customized platforms will divide the P2P industry into first- and second-generation companies where the modern players will have great advantages over the old. This applies both in financial terms, reduced risk and in relation to the new rules and regulatory requirements that we expect to become a standard for the P2P market. TrustBuddy has taken yet another step further by also including a range of standard banking features and by offering a wide spectrum of services and products. With this, we become a viable alternative to traditional banks for most people. We are now in the process of finalizing our new platform, which even includes prepared functionality for services under our anticipated credit facilitator license, and we aim to be the market's first full-service P2P platform in the first part of 2015."

 

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.