• The survey was conducted by Ferratum Group who surveyed its active customers in 12 International countries via web survey with a standardised questionnaire. Incomes are stated in Euro, and relative Christmas consuming is calculated by the ratio of a family’s monthly disposable income in each country.
• Almost 20.000 households participated in the survey. Respondents were aged from 18 to over 61y. 59% of participants were women. The average available income of participating households was between €1087 – €4367. The average household size among the respondents was 2.7 persons.
• In addition to demographic factors, respondents were asked about their New Years Resolution, how did Corona Virus Wolrd Pandemic changed their life and spending behavior, what are their Christmas’ plans this year, if they fear about their financial situation and more.
About Ferratum Group:
Ferratum Oyj and its subsidiaries form Ferratum Group, a FinTech, that develops and operates a big data based global financial platform for real-time scoring, lending and banking services.
Ferratum, headquartered in Helsinki, Finland was founded in May 2005 and has expanded its operations across Europe, North America, South America, Africa, Asia and Australia.
As a pioneering digital lender, Ferratum has approx. 560,000 active customers and offers a comprehensive product portfolio to retail customers, who are able to apply for consumer credit in amounts varying between EUR 25 and EUR 20,000 and small businesses installment loans up to EUR 350,000 with a term of 6 to 24 months.
Ferratum Bank p.l.c. is a wholly owned subsidiary of Ferratum Oyj and a credit institution licensed by the Malta Financial Services Authority, allowing all Ferratum’s products and services to be passported to EEA member states.
Ferratum has developed its own proprietary core mobile banking platform, the Mobile Wallet. The Mobile Wallet is to be rolled-out throughout Europe and Ferratum will position the Mobile Wallet in the center of its customer communications.
The Mobile Financial Platform is at the heart of Ferratum’s growth strategy. The technology and infrastructure developed means the platform is ready-made and can be offered as a bolt-on, allowing Ferratum’s partners to effectively ’plug-and-play’ a bespoke range of financial services via mobile.
Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under the symbol ‘FRU.’ For more information, visit www.ferratumgroup.com