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2020-08-17

Fellow Finance Oyj: Fellow Finance expands Management Team

Juha Saari has been appointed as Director of Consumer Finance and will also become a member of the company Management Team. Miikka Silvonen has been appointed as Director of Business Finance and as a member of Management Team. Simultaneously current Management Team member Antoni Airikkala has been appointed as Director responsible for investor clients.

Juha Saari joined Fellow Finance in July 2020 and has been working in the field of consumer finance for the past 12 years. He has previously served as the COO and Head of Marketing in DFC Nordic. Miikka has been working in the Business Finance department of Fellow Finance from the very beginning of the business unit and has been responsible for managing the Business Finance team since 2019. Antoni Airikkala has previously led the international operations of the company together with sales for international institutional investors.

"Juha has broad expertise and hands-on experience of leadership positions in consumer finance, marketing, product development and risk management. We are very pleased to have him as a part of our team to develop and broaden our consumer finance portfolio. Miikka has been a significant part in developing our business finance operations and it is a natural step for him to take the overall responsibility of the business unit. Antoni has earlier successfully managed and led the institutional investor portfolio and now his total ownership of investor clients will underline the even stronger emphasis on investor clients", says Fellow Finance interim-CEO Teemu Nyholm.

In addition to the now nominated members and interim-CEO, Niko Stark CFO is member of the Management Team (currently on a long-term sick leave).

Further enquiries

Teemu Nyholm, Interim-CEO, Fellow Finance Plc, +358 50 577 1028

Evli Bank Plc, Certified Advisor, Evli Bank Plc +358 40 579 6210

Fellow Finance Plc launched its operations in 2014 and it is an internationally active and growth-oriented FinTech group that provides crowdfunding services for people and businesses. Fellow Finance is the leading1 Nordic loan-based crowdfunding and peer-to-peer lending platform which has over 850 000 users from around 70 countries. Fellow Finance Plc is regulated by the Financial Supervisory Authority of Finland as an Authorized Payment Institution. Fellow Finance Plc is listed on Nasdaq First North Growth Market Finland and The Company has around 2 500 shareholders.

¹Measured by the amount of financing facilitated. Source: Brismo Market Data (data accessed on 17 August 2020).

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