The Berlin-based FinTech CrossLend has moved its Frankfurt office to TechQuartier. The company has already been based in the financial hub since 2019 and is now moving closer to the rapidly growing FinTech scene.
“The capital market demands innovative solutions that enable cross-asset class and cross-border investments,” says Marco Hinz, COO at CrossLend. Therefore, the FinTech develops digital solutions that efficiently connect the European capital market with the real economy. “As a technology-driven company, we see the TechQuartier as the optimal ecosystem to further develop our digital solutions, as well as accelerate existing innovation initiatives,” Hinz explains the move to the TechQuartier. In addition to renowned banks, consulting firms and IT companies, numerous start-ups from various industries are also part of the TechQuartier community. “In particular, the diverse network in the TechQuartier offers great potential for cooperation and an intensive exchange of knowledge,” says Hinz.
Currently, the Frankfurt office has two employees. Stefan Weisser, Director of Capital Markets & Origination, and Jochen Weiss, Director Regulatory and Accounting Solutions, are responsible for expanding business relationships with originators and institutional investors. The focus is on banks, insurance companies and pension funds. An expansion of the team to four employees is planned for this year.
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
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