IuteCredit Europe after its Uplisting to the Regulated Market is the first company from Estonia to be listed in the General Standard of the Frankfurt Stock Exchange.
IuteCredit welcomes the transparency requirements arising from its inclusion in the General Standard to present its business model to a wider circle of investors. The Uplisting in the Regulated Market marks a starting point for the further expansion of business activities and additional capital sourcing.
Tarmo Sild, Group CEO of IuteCredit: “IuteCredit has already exceeded the disclosure requirements of the Open Market before its inclusion in the Regulated Market. It is simply our Nordic nature to be as accountable as possible to our investors. In doing so, we have succeeded in convincing our investors of the sustainability of our business model, even in the difficult times caused by the COVID-19 pandemic. Now that we have fulfilled the formal prerequisites for addressing an even larger circle of international investors with our inclusion in the Regulated Market, we are already looking forward to the upcoming talks in capital sourcing to finance further expansion of our business activities”.
Original announcement on IuteCredit’s website
IuteCredit – established in 2008 – is a leading European personal finance company. The Group is specialized in consumer credits via its 100% subsidiaries using equity and loan capital. IuteCredit serves customers in Moldova, Albania, North Macedonia, Bulgaria as well as Bosnia and Herzegovina.IuteCredit’s loan products are unsecured consumer loans with maturities between 1 month and 36 months and car-secured loans with maturities up to 60 months.The mission of IuteCredit is to create an extraordinary experience in personal finance by exceeding customers’ expectations.