Zaim Credit Systems PLC's (LON:ZAIM) Siro Donato Cicconi joins Proactive London's Katie Pilbeam to discuss the plans for their equity fundraise of £1mln through a share placing.
The funds will be used for expansion of its loan portfolio and the development of new products - including a mobile app.
The firm posted further strong growth thanks to the 'amazing market' right now with loans issued up by 34% to £5.1mln compared to the fourth quarter in 2020, another record high, while loans issued online reached £4.3mln, growing by 49%.