TrustBuddy: Applying for a Swedish Credit Facilitator license
TrustBuddy AB ("TrustBuddy" or the "Company"), a TrustBuddy International subsidiary, today announced that the Company is applying for a Swedish License for Certain Consumer Credit-related Operations issued by Finansinspektionen (“FI”), the Swedish Financial Supervisory Authority, in order to operate as an authorised consumer credit institution.
After FI’s decision to reject the Company`s Credit Facilitator license application earlier this year, TrustBuddy has decided to exclusively conduct financial intermediation. This means that TrustBuddy is not taking any customer credit in their own book, but simply continue to convey loans between lenders and borrowers. TrustBuddy has during this period undergone extensive operational, financial and organisational changes in order to comply with FI’s rules and guidance.
For more information please contact:
Linus Lönnroth, CEO TrustBuddy International AB (publ)
tel + 46 8 562 59 600
TrustBuddy International AB (publ),
111 46 Stockholm, Sweden
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 First North in Stockholm. Erik Penser Bankaktiebolag is TrustBuddy International AB (publ)'s Certified Adviser, phone number: +46 8 463 80 00.