MyBucks releases primary figures for financial year ended 30 June 2017

Frankfurt-listed FinTech, MyBucks S.A. has announced its unaudited 2017 results, during an effective transitional period in which the company integrated four Opportunity Banks in Africa and coupled with FairGo Finance in Australia. The Group’s operating profit (EBIT) maintained at about €11m from the 2016 financial year to the 2017 financial year, despite an increase in the net loan book from €38.8m as of 30 June 2016 to €68.5m at 30 June 2017 and a corresponding revenue increase from €36.3m to €53.7m on the back of an increase in disbursements by more than 50.0% to over EUR 120m.

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