CrossLend joins the Association of German Debt Capital Platforms (VdK) as a full member
01.06.2021
The Association of German Debt Capital Platforms (VdK) has gained a new member: CrossLend GmbH. CrossLend operates a pan-European platform for the end-to-end solutions for loan asset transactions and thus acts as a catalyst for the creation of the Capital Markets Union. CrossLend’s interests align strongly with those of the VdK and the VdK is pleased to have granted CrossLend full membership.
The Berlin-based fintech was founded in June 2014 and is a technology provider in the field of data processing & management, data analytics, and debt transaction settlement. To this end, CrossLend also operates a platform for institutional investors, which is used for matching and settling investments. Along with SME loans, consumer and real estate loans are also traded on the platform, alongside factoring receivables.
“We look forward to working with the association and everyone involved. The development of industry standards is close to our heart as an international company. We will gladly contribute the experience and knowledge that we have garnered over many years in the capital market sector to help enable effective solutions here in Europe”, says Marco Hinz, Chief Operating Officer of CrossLend GmbH.
Constantin Fabricius, Managing Director of VdK, adds that “this new addition strengthens our core position as the voice of German lending platforms. This forms an important step in the development of the ecosystem. In CrossLend, we are gaining a strategically important player that fits in excellently with our vision of the EU Capital Markets Union. Therefore, I am very much looking forward to the cooperation.”
About the Association of German Debt Capital Platforms
The Association of German Debt Capital Platforms is committed to the professionalism, integrity, and transparency of digital debt financing and to ensuring that all market participants adhere to the highest quality standards. Its members include platforms from all parts of the ecosystem. The trade body was established on June 4, 2019 and is headquartered in Berlin, Germany. For more information on the Association of German Lending Platforms, please visit www.kreditplattformen.de.
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About CrossLend
CrossLend is a FinTech company that provides full spectrum technology for loan asset transactions. Its mission is to make the world’s lending and investment ecosystem more efficient, transparent, and profitable. Supervised by BaFIN and CSSF, CrossLend is backed by an array of prestigious equity investors from Europe and the US, including Mouro Capital (formerly Santander InnoVentures), Lakestar, CME Ventures, Earlybird, ABN AMRO’s Digital Impact Fund, and the Luxembourg Future Fund (EIF and SNCI). For more information, visit crosslend.com.
Media contact
CrossLend
+49 30 208 488 100
media@crosslend.com
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