Mash Group, a ten year old digital lender and pay later solution provider, announced a EUR 50M equity round and the launch of a Security Token Offering (STO)

Helsinki, 17th October: Mash Group Plc, a Finnish FinTech company specializing in consumer lending and pay later solutions, today announced that pre-registration has begun for a Securitized Token Offering (STO). Mash is partnering with DLA Piper, Trust and Tokeny to offer professional investors the means to participate in the current equity round using both crypto and fiat currency. Deloitte has been selected to provide AML and KYC services. The whitelisting process will begin in October with the round closing in December 2018. The STO is part of Mash’s broader EUR 50 million equity round.

Security tokens are not the same as utility tokens, as have been issued in a number of recent initial coin offerings (ICOs). The Mash security tokens are backed by assets and token holders would have voting rights and dividend rights of the company issuing the token.

“Security Tokens by definition are securities”, says Mash CEO James Hickson. “As such, they are subject to securities regulation and oversight. We are working closely with our partners to ensure we are fully compliant with security laws and regulations on a platform that can manage the process of issuance and management through the lifecycle of the asset. The STO is only open to professional investors, with each token having the same voting and dividend rights as one ordinary share of Mash. ”

Founded in 2007, Mash offers consumer credit, as well as “pay-later” solutions for retailers in store and online. The group is present in Finland, Sweden, Poland, Luxembourg and Spain.

"We continue to look for ways to innovate.  When we considered how to approach our equity round, exploring the intersection of blockchain technology and the potential to tap into a new investor pool was interesting. ” says Hickson.

Martin Bartlam, partner and head of the Global FinTech Group at DLA Piper, said, "expanding a traditional securities offering to include security tokens is a novel approach to the fund raising process by opening up the offer to a different kind of sophisticated investor that is interested in developing a portfolio of digital assets." | | @MashComOfficial

PR Contact

Henrietta Mackenzie

t: +44 (0)20 3047 2668| m: +447772563222

Important Notice

The information in this press release has been prepared by Mash Group plc ("Mash"). The distribution of this press release in certain jurisdictions may be restricted by law and persons into whose possession this press release comes should inform themselves about, and observe, such restrictions.

This press release is for informational purposes only and the information, statements and opinions set out in this  press release do not constitute a public offer for the purposes of any applicable law or regulation, an offer to sell or solicitation of any offer to buy any securities or other financial instruments, or any advice or recommendation in respect of such securities or other financial instruments.

The information contained in this press release does not purport to be comprehensive, nor to be the provision of any form of advice (financial or otherwise). This press release has been prepared without reference to your particular investment objectives, financial situation, taxation position and particular needs. It is important that you view this press release in its entirety. If you are in any doubt in relation to these matters, you should consult your stockbroker, bank manager, solicitor, accountant, taxation advisor or other independent financial advisor (where applicable, as authorised under the relevant applicable law or regulation). This information has been provided by Mash and has not been independently verified. No responsibility, liability or obligation (whether in tort, contract or otherwise) is accepted by the Mash or any of their affiliates or any of its or their officers, employees, agents or advisers (each an “Identified Person”) as to or in relation to this press release (including the accuracy, completeness or sufficiency thereof) or any other written or oral information made available or any errors contained therein or omissions therefrom, and any such liability is expressly disclaimed.

No representations or warranties, express or implied, are given by any Identified Person as to, and no reliance should be placed on the accuracy or completeness of any information contained in this press release, any other written or oral information provided in connection therewith or any data which such information generates. No Identified Person undertakes, or is under any obligation, to provide the recipient with access to any additional information, to update, revise or supplement this press release or any additional information or to remedy any inaccuracies in or omissions from this press release.

Tietoja julkaisijasta

60 Fenchurch Street
London EC3M 4BA, United Kingdom

+358 94 245 6644

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta GlobeNewswire

Suomi sai neljä kasvihuonekaasuja mittaavaa ICOS-huippututkimusasemaa lisää4.12.2018 10:38:00 EETTiedote

Suomi sai neljä kasvihuonekaasuja mittaavaa ICOS-huippututkimusasemaa lisää HELSINKI, Finland, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Eurooppalainen tutkimusverkosto ICOS (Integrated Carbon Observation System) on sertifioinut 15 uutta kasvihuonekaasuja mittaavaa asemaa standardoidun datan tuottamiseen. Myös neljä suomalaista asemaa, Ilmatieteen laitoksen Pallaksen ja Lettosuon sekä Helsingin yliopiston Hyytiälän ja Värriön mittauspaikat, saivat sertifikaatin. Tutkimusverkoston tuottama tieto paljastaa hiilidioksidin ja muiden kasvihuonekaasujen päästöt ja nielut Euroopassa. Alueelliset kasvihuonekaasumittaukset ovat välttämättömiä ilmastonmuutoksen ymmärtämiseksi, etenemisen ennustamiseksi ja hillitsemiseksi. Mittaustieto on yhä tärkeämpää, sillä kasvihuonekaasujen määrä ilmakehässä lisääntyy nopeasti. Kasvihuonekaasut sitovat lämpöä ilmakehään ja lämmittävät sitä entistä enemmän. ICOS, Integrated Carbon Observation System, on kasvihuonekaasuja mittaava tutkimusverkosto, jolla on yli 130 mi

This is a test from GlobeNewswire16.11.2018 20:57:00 EETTiedote

This is a test from GlobeNewswire LONDON, Nov. 16, 2018 (GLOBE NEWSWIRE) -- This is a test from GlobeNewswire. Readers are advised to disregard. TESTING -- TESTING -- TESTING -- TESTING -- TESTING -- TESTING -- TESTING -- TESTING -END- CONTACT: Karen Yu Senior Director, Global Head of GlobeNewswire Media Relations Direct: +1 310 258 6917 Mobile: +1 626 389 7427 or David Didier Lislet Manager, GlobeNewswire Media Relations, EMEA Phone: +33 185 341 347

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme