First company from Estonia in the General Standard of the Frankfurt Stock Exchange
Tallinn, Estonia, 22 September 2020. IuteCredit Europe (“ICE”), a leading European personal finance group, 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. The Company 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 the starting point for the further expansion of business activities and additional capital sourcing.
“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 Corona 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,” said Tarmo Sild, Group CEO of IuteCredit.