Ferratum | Latest News & Updates - Oct 14, 2024 Release

Ferratum's parent company, Multitude SE, is acquiring a stake in Lea Bank ASA to diversify its consumer lending segment and awaits regulatory approval from Norway and Sweden...


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Ferratum

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Ferratum is a financial services company that specializes in providing quick and convenient online loans. The company offers a user-friendly platform for applying for loan limits entirely over the internet, ensuring a hassle-free experience without the need for phone calls.


Ferratum - Latest News and Updates

  • Ferratum's parent company, Multitude SE, is acquiring a stake in Lea Bank ASA to diversify its consumer lending segment and awaits regulatory approval from Norway and Sweden.
  • On October 4, 2024, ASIC cancelled Ferratum's Australian credit licence after the Compensation Scheme of Last Resort paid compensation for an unpaid AFCA determination.
  • Ferratum, a consumer lending segment of Multitude SE, offers products like Micro Loan, Plus Loan, Prime Loan, and Credit Limit, primarily in Nordic countries and Spain.

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