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Proposed sale of Zopa, Demerger of DFC and Notice of General Meeting
TruFin announces the demerger of DFC from TruFin into a new company to be admitted to trading on AIM. TruFin has also negotiated the sale of its entire stake in Zopa Group Limited to Arrowgrass Master Fund and is investing a portion of the proceeds of the sale into DFC to fund its Tier 1 equity. For full details please see the announcement below
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And the winner is...Satago!
11 March 2019
Satago has won the Best Alternative Finance Provider award at the prestigious British Banking Awards. Now in their fifth year, these awards are based on customer surveys. The award was announced at a ceremony in London’s Café de Paris on March 7th.
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TruFin subsidiary makes two senior appointments
21 December 2018
TruFin's subsidiary, Oxygen Finance has made two new senior appointments to drive the company’s growth and scale business operations. Former Director of Finance & Commercial Services at Sheffield City Council, Marianne Betts, is appointed as Deputy CEO and Chief Strategy Officer and Sarah Holmes takes the role of CFO. For further information see here
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Progress Update
07 December 2018
TruFin has been informed by the PRA that there is likely to be a delay to the announced timetable for the approval of DFC’s bank licence. The Company remains confident that DFC’s licence will be granted in due course and will update the market as soon as there is further clarity.
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Zopa Banking Licence
04 December 2018
TruFin is pleased to confirm that Zopa Financial Services Limited (a subsidiary of Zopa Group Limited, "Zopa") has been granted its banking licence with restrictions. This is a critical milestone for Zopa on its journey towards a full banking licence.
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Satago named best CRM Software at Digital Accountancy Awards 2018
05 October 2018
TruFin subsidiary Satago is pleased to announce that it has been named CRM Software of the Year at the Digital Accountancy Awards 2018. The award was presented last night at the Waldorf Hilton in London.
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Zopa's successful £44m fundraise
06 August 2018
TruFin plc is pleased to announce that Zopa Limited ("Zopa"), in which TruFin currently owns c.15%, has today agreed a further round of equity capital investment,to be deployed to support the capital needs of the next generation bank it has been building. The investment of £44m will be made in tranches as Zopa's bank plans progress.
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Admission to Trading on AIM and First Day of Dealings
21 February 2018
The Admission to Trading on AIM and First Day of Dealings announcement has been published.
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TruFin updated Schedule 1
14 February 2018
The updated AIM Schedule 1 announcement has been published.
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Proposed Admission to trading on AIM
13 February 2018
The proposed admission to trading on AIM has been published.
