Fast Finance24 Holding AG’s annual financial statements confirms growth

DGAP-News: Fast Finance24 Holding AG

Frankfurt am Main, 13.08.2020 – With the annual financial statements that have now been presented, Fast Finance24 Holding AG confirms that the company targets set for 2019 have been achieved. With the launch of the FF24-Loan-App software specially developed for the loan business by the financial service provider CashRapido 24 in July 2019 and the takeover of the OK.de platform by Fast Finance24 Holding AG on October 1, 2019, the company was able to expand its business areas expand strategically as well as record general growth. OK.de in particular still offers great potential for development, which will be exploited in the future by adding a credit comparison to the previous comparison portals and targeted cross-marketing.

The figures from Fast Finance24 Holding AG also paint a positive picture for 2019: Revenue increased by 193% compared to the previous year, which led to a positive annual profit. In February 2019, the process of bringing in Fast Finance 24 Holding Plc, London, United Kingdom, was completed by registering a further capital increase. The company’s equity now amounts to EUR 38.792.356,62.

Andreas Garke, CEO of Fast Finance24 Holding AG, is pleased about the successful annual financial statements: “It was our plan to position Fast Finance24 Holding AG even more broadly in 2019 and to record strong and sustainable growth. The fact that we were able to achieve these goals so quickly makes us all the more positive about the future. The half-yearly figures 2020, which will appear in the next 4 to 6 weeks, will also know how to underpin this positive trend.”