Helsinki, FINLAND, Apr. 5 (Korea Bizwire) – Mash Group Plc today announced audited consolidated results for the twelve months ending 31 December 2018. FINANCIAL HIGHLIGHTS Revenue grew by 110% to EUR 34.5 million, EBIT grew by 221% to EUR 12.5 million and we generated a net profit of EUR 0.4 million. Lending volume grew 127% [...]
Mash continued to grow rapidly in all markets during the second quarter, achieving record lending volumes and maintaining strong momentum. Strategic Highlights Mash increases the size of its structured financing facility with funds managed by affiliates of Fortress Investment Group LLC (NYSE:FIG), from EUR 120 million to EUR 200 million. Mash was recognized as one [...]
At an event held on Wednesday June 20th at the Silicon Valley Bank in London, UK, Mash was selected from over 1800 companies to the FinTech50 2018 list, joining FinTech giants like N26, Monzo, Raisin and Revolut on the list of Europe’s hottest FinTech companies. James Hickson, Group CEO of Mash commented, “This has been a [...]
Helsinki, Finland, Jun. 1 (Korea Bizwire) — The Annual General Meeting of Mash Group PLC, held on May 18th, appointed Martin Dobbins as a new Board Director, joining Riitta Salonen, Risto Illukka, Samuli Korpinen, Tommi Lindfors, John Matthews, and Heikki Palosuo, who were re-elected to the Board of Directors. Group Chairman Tommi Lindfors is very [...]
May 2 (Korea Bizwire) – Mash continued to grow rapidly in all markets during the first quarter, with new daily, weekly and monthly records in January, February and March. Financial Highlights Lending volumes in Q1/18 were 31% higher than in Q4/17, and 142% higher than Q1/17. Revenues increased by 23% from the previous quarter and [...]