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#TrustBuddy: More #insider buying

Following last week’s share purchase by CEO Linus Lönnroth, more insiders are opening their wallet in order to benefit from the recent positive developments in P2P lending provider TrustBuddy.

Chairman of the Board, Mr Simon Nathanson, has bought 20,000 shares and member of the Board Mr Torsten Ă–rtengren has bought 50,000 shares on March 31st, according to the company website.

The recent insider purchases are, in our opinion, a long-awaited sign of confidence and we expect news flow to be positive over the coming weeks and months, starting with the imminent launch of the SME lending product in the Nordics. As we have written about last week, we have reason to believe that TrustBuddy will start its SME lending operations in the Nordics as soon as April 8th, under the brand “Crowdfunding Society”.

Nordic Investor

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