Alma Finanssipalvelut Oy now licensed to carry out payment intermediation

Alma Media Corporation         Press Release        2 May 2023

ALMA FINANSSIPALVELUT OY NOW LICENSED TO CARRY OUT PAYMENT INTERMEDIATION 

Alma Media's Alma Finanssipalvelut Oy has been granted a licence to carry out payment intermediation in accordance with the Payment Institutions Act, which can be used, for example, in vehicle trade between consumers. The licence has been granted by the Financial Supervisory Authority. Until now, in Alma Media services, payment intermediation has been provided by partners.  

“Payment intermediation will support Alma Media's marketplace business, where the aim is to provide customers with a service that enables vehicle transactions to be executed safely and seamlessly from start to finish. The added value for the consumer comes from the ease of usability and the transparency that the solution brings to the trading process. Strong authentication is required by both: the subject of trade and the parties involved in the transaction. The payment intermediation will be handled securely.”, says Kirsikka Isohanni, Managing Director of Alma Finanssipalvelut Oy. 

Alma Finanssipalvelut Oy is planned to start operating in 2023. 

Additional information: Kirsikka Isohanni, Managing Director of Alma Finanssipalvelut Oy +358 10 665 5866 

Alma Media in brief

Alma Media is an international company of digital media, marketplaces and services with a strong capacity for renewal. We inspire human curiosity and choice by creating services that combine technology and content with a local heart. In Finland, our best-known brands include Kauppalehti, Talouselämä, Iltalehti, Etuovi.com, Nettiauto and Nettimoto. Our recruitment services include prace.cz and jobs.cz in the Czech Republic, Profesia.sk in Slovakia and mojposao.net in Croatia.

In Finland, our business operations include leading housing and automotive marketplaces, financial and professional media, national consumer media and content and data services for businesses and professionals. Alma Media’s international business in Eastern Central Europe, Sweden and the Baltic countries consists of recruitment services and an online marketplace for commercial properties.

Alma Media operates in 11 countries in Europe and employs approximately 1,700 professionals. Alma Media’s revenue from continuing operations was EUR 309 million in 2022 of which the share of digital business was 81%. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.fi/en/.

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