• The survey was conducted by Ferratum Group who surveyed its active customers in 17 international countries via a web survey with a standardised questionnaire. Incomes are stated in local currencies, and relative summer consumption is calculated by the ratio of a family’s monthly disposable income in each country. Disposable income was adjusted by each country, individual purchasing power parity is based on 2014 figures by The World Bank.
• Over 22,000 households participated in the survey. Respondents were aged from 18 to over 61. 53% of participants were women. The average available net income of participating households was between €827–3934. The average household size among the respondents was 2.9 persons.
• In addition to demographic factors, respondents were asked about their disposable monthly net income, how much money would be allocated for the summer holiday, what are the main activities this summer and if they are going to use services like Airbnb or online banking while travelling abroad.
• All survey responses were anonymous.
About Ferratum Group:
Ferratum Group is an international provider of mobile banking and digital consumer and small business loans, distributed and managed by mobile devices. Founded in 2005 and headquartered in Helsinki, Finland, Ferratum has expanded rapidly to operate in 25 countries across Europe, Africa, South and North America and the Asia-Pacific region.
As a pioneer in digital and mobile financial services technology, Ferratum is at the forefront of the digital banking revolution. Ferratum’s mobile bank, launched in 2016, is an innovative mobile banking platform offering a range of banking services, including real time digital payments and transfers, within a single app. It is currently available in five European markets. Ferratum has approximately 794,000 active customers that have an open Mobile Bank account or an active loan balance in the last 12 months (as at 31 March 2019).
Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under symbol ‘FRU.’ For more information, visit www.ferratumgroup.com.
Business Support Manager for CEO
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