Berlin FinTech CrossLend joins BAI, Germany’s association for the alternative investment industry

07.02.2022

CrossLend, a Berlin-based FinTech that provides technology-driven end-to-end solutions for loan asset transactions has become a member of the Bundesverband Alternative Investments (BAI), the interest group for alternative investments. The BAI works to improve the legal and regulatory frameworks for product and service providers, as well as institutional investors in the alternative investments space. 

As a technological and transactional partner to the lending industry on both the investor and originator side, CrossLend’s aim to enable the free flow of capital across Europe and bridge the gap between the real economy and the capital markets is closely aligned with BAI’s guiding principle that providing investors with access to better and more diversified investments in alternatives offers a sustainable means of safeguarding long-term retirement pensions and can serve to channel capital into the real economy. The synergy of interests and activities between BAI and CrossLend also extends to a mutual commitment to growing opportunities in the realm of digital and sustainable (ESG) investments.

CrossLend’s COO Marco Hinz says, “We support BAI’s rigorous and proactive approach to improving the legal and policy frameworks relating to alternative investments, which are core to our business. BAI is a catalyst on the regulatory front, we are a catalyst on the technological front – and we both share the same aims – in particular helping Europe’s real economy to thrive via the capital markets. In joining BAI, CrossLend aims to broaden its network of allies and lend its voice and industry experience to the Verband’s research, education and lobbying activities.

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About CrossLend

CrossLend is a fintech company that is authorised and supervised by the German Federal Financial Supervisory Authority (BaFIN) and the Luxembourg CSSF. The company provides end-to-end solutions for loan asset transactions. Its mission is to make the world’s lending and investment ecosystem more efficient, transparent, and profitable.

Lenders such as banks, savings banks, cooperative banks, specialised lending institutions, and lending platforms from across Europe can refinance their loans by connecting with European institutional investors using CrossLend’s technology. CrossLend combines digital securitisation with standardised, plug-and-play processing procedures and the transparent presentation of loan data.

This makes it easy for investors such as other banks, insurance companies, fund companies, pension funds and pension schemes to identify and compare loans based on their criteria. By bringing together lenders and investors from across Europe on one central platform, CrossLend is actively contributing to the European Capital Markets Union.

CrossLend was founded in Berlin in 2014. The company employs more than 70 people from over 30 countries. In addition to its headquarters in Berlin, CrossLend has offices in Frankfurt, Vienna, Luxembourg, London, and now Lisbon.

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
media@crosslend.com
+49 30 208 488 100

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