Ferratum Bank Partners with Innovative Assessments to Promote Financial

Inclusion

Ferratum Bank p.l.c. has signed a partnership agreement with Innovative Assessments
International, Ltd. that will promote greater financial inclusion by helping extend more credit to
Ferratums clients.

Stockholm, Sweden, June 05, 2017 --(PR.com)-- Ferratum Bank p.l.c. has signed a partnership
agreement with Innovative Assessments International, Ltd. (IA) that will promote greater financial
inclusion by helping extend more credit to Ferratum's clients.

Ferratum Bank has integrated IA's Worthy Credit scoring solution into its online loan application
procedures. This partnership follows a successful pilot study between the two companies that was carried
out in Spain, wherein Worthy Credit scores assessed unique aspects of customers' credit risks and
managed to improve the bank's prediction of loan payment delinquencies.

According to Gabriela Ayres, Head of Business Decision Support at Ferratum, Ferratum is extremely
satisfied with the results from IA so far, which allows us to approve more loans, and we are excited about
the value its solution can bring to our customers and the company.

We are honored to collaborate with Ferratum Bank, a leading international lender and a truly innovative
organization. Mostly, we are proud to be a part of helping more good people gain access to the affordable
credit they deserve. - Dr. Saul Fine, CEO of Innovative Assessments.

About Ferratum Bank

Ferratum Bank p.l.c., is a subsidiary of Ferratum Oyj. Ferratum is an international provider of consumer
and small business loans, distributed and managed by mobile devices. Founded in 2005 and
headquartered in Helsinki, Finland, Ferratum is a pioneer in the fields of financial technology and mobile
lending and has expanded rapidly to operate in 24 countries. Ferratum's customers utilize digital media to
apply for consumer credit in amounts varying between EUR 25 and EUR 20,000 and small businesses
installment loans up to EUR 100,000 with a term of six to twelve months. Led by its founder, Jorma
Jokela, Ferratum has more than 1.6 million active and former customers who have been granted one or
more loans in the past (as at March 31, 2017). Ferratum Group is listed on the Prime Standard of
Frankfurt Stock Exchange under symbol "FRU." For more information, visit www.ferratumgroup.com.

About Innovative Assessments

Innovative Assessments (IA) is a fintech company that uses psychometrics to assess creditworthiness
based on a borrower's personal character. IA's patent pending technology measures key traits that are
related to responsible borrowers' behaviors, above and beyond their financial abilities or credit histories.
IA's solution has been validated internationally, and augments financial credit scores, allowing for
increased loan approvals among the underbanked. www.iassessments.com

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Contact Information:
Innovative Assessments
David Rich
+972-54-2021407
Contact via Email

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You can read the online version of this press release at: http://www.pr.com/press-release/718731

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