Tagged: 4finance

European Online Lender 4finance Appoints Oyvind Oanes as New CEO

4finance Group S.A., one of the largest online lenders in Europe, has appointed Oyvind Oanes as Group CEO. Oanes will step into the role on August 1, 2018 succeeding current CEO Mark Ruddock, who will return to the Group’s supervisory board. Ruddock said that over the… Read More

Moody’s Upgrades 4Finance Credit Ratings as Online Lender Tops € 5 Billion in Loans

Moody’s Investor Service has upgraded 4Finance‘s credit ratings to B2 from B3. The upgrade comes as 4finance says it has passed € 5 billion in loan originations. The 4finance S.A. senior unsecured issuer rating was also upgraded to B2 from B3. The outlook on all ratings… Read More

4finance Receives Five Star Trustpilot Rating in Denmark & Poland; Achieves Average Score of 9.4 Across Four Products

Riga-based 4finance Holding S.A., a large online and mobile consumer lending group, announced on Thursday it has achieved a five star Trustpilot rating and an average 9.4 rating from nearly 4,000 reviewers from Denmark and Poland. According to 4finance, which recently reported that its online customer base has… Read More

Online Lender 4finance Prices $325 Million Over-Subscribed Bond Issue

  Riga-based 4finance Holding S.A., a large online and mobile consumer lending group, has placed and priced $325 million of senior unsecured 5 year fixed rate notes. These notes mature in 2022 and were issued with a 10.75% yield, at par. 4finance reports that net… Read More

4Finance Posts Annual Results

4finance Holding S.A., a large European online and mobile consumer lending company, has published unaudited consolidated results for the twelve months ending 31 December 2016. According to their information; Revenue up 24% to € 393.2 million in the Period compared with € 318.3 million in… Read More

4Finance Has Topped €4 Billion in Loans: 33% of All Loan Applications are Via Smartphones

4finance Group, a lender that claims the title of Europe’s largest online and mobile consumer lending company, has surpassed €4 billion in loans since its f0unding in 2008. 4Finance says the milestone was passed in January following a year of solid growth.  During 2016, 4Finance issued… Read More

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