From 0 to 25 billion in 5 years

From 0 to 25 billion in 5 years

A start-up that has helped to shape fintech innovations in Switzerland by digitalizing lending is celebrating its 5th anniversary: Loanboox. 
With 25 billion in closedfinancings in seven countries, the financing platform started off successfully and is rapidly developing its offerings further.

Since their launch in 2016 in Zurich as digital solution for debt financing, big ticket borrowers were able to close more than 2’100 transactions with a volume of 25 billion Swiss Francs in seven countries. A team of 40 employees supports 3‘000 registered municipalities, cities, public institutions, large companies and institutional lenders and banks and continues to develop the platform rapidly.    

“The high demand shows the need for efficient debt capital markets. Swiss borrowers, for example, have already earned 23.2 million Swiss francs via Loanboox - through negative interest rates. I am very pleased that we can contribute to fluidify debt markets, making it simpler and faster for all market participants”, comments Philippe Cayrol, CEO of Loanboox. “In 2021, we facilitated projects such as hospital infrastructure, school buildings and retirement homes which makes everyone proud to contribute a little bit to the society of tomorrow”, continues Cayrol.  

The idea behind Loanboox was radical and courageous: to create a digital marketplace for large loans.  Borrowing entities submit their loan requests online and professional investors bid on them: this saves time for all and ensures transparency. “Financings with volumes of up to 450 million Euro have been put on the platform and as the business matures, we see an increasing deal flow of large requests from very established borrowers”, adds Cayrol.  

The company has evolved substantially since its first days. Loanboox has created automation tools and deeper analytics for their customers. The Fintech also offers a broader service for issuers, including debt planning and transaction support on large financings. 150 active lenders profit from process efficiencies, data insights and from a lean co-creation of new products.    

In the last 6 months, the company achieved a number of firsts on its platform: the first sustainability-linked loan, the first secured transaction and the first transactions in Eastern Europe. These developments pave the way for a bright and more sustainable future, for both customers and Loanboox.   

About Loanboox

The fintech Loanboox is the leading European platform for debt financing. Its clients include municipalities, cities, cantons and other public corporations and large companies, institutional investors and banks. Loanboox is a member of the business community Leaders for Climate Action. 

Contact persons:

Loanboox 
Philippe Cayrol, CEO  
Martina Bühler, CMO 
Talacker50, 8001 Zürich 
055 220 78 29,press@loanboox.com

Fostering Quality Education – that’s how we do it

Fostering Quality Education – that’s how we do it

Quality education is the basis for equal opportunities and a good quality of life – and one of a total of 17 Sustainable Development Goals established by the UN in 2015. Loanboox also supports and promotes this goal, among other things with trial days for teenagers. Here Silvain and Yannick tell what they have experienced and learned.

What does a computer expert actually do in a company, Silvan wanted to know – being a computer freak by himself. And so he jumped at the chance to spend a day with his uncle, a Loanboox IT manager. “It was exciting! I got insights into the HTML system. It’s a bit complicated, but I still find it very interesting and I like it,” says Silvan and adds: “I also like the team my unlce works with. They are all very nice.” 

Hands on and try it out

The trial apprentices should not only watch, but also do as much as possible themselves. This also appealed to Yannick, who was allowed to accompany our Talent Management & Executive Assistant Chantal for a day. She showed him what is involved in the tasks of a commercial clerc and the marketing team.

“I was very happy about this, because it is currently very difficult to find a KV trial position. It has given me a lot of joy and a good insight,” Yannick described his experience later. He even got to really like working with Excel. His resumé: “I have learnt and seen a lot. Thank you for this great insight.”

Both could well imagine working in these jobs one day. 

What are the UN Sustainable Development Goals?

The Sustainable Development Goals (SDGs) are a collection of 17 interlinked global goals set up by the United Nations (UN) to ensure sustainable development worldwide on an economic, social and ecological level. The SDGs are intended to be achieved by the year 2030.

UN Sustainability Development Goals

Want to know more about Loanboox and job opportunities here? Just click the button below.

“The new normal”. How digital solutions help through the pandemic

What are the biggest challenges for treasurers on the way back after the COVID 19 pandemic? In a multi-part virtual conference, the auditing firm PwC gets to the bottom of this question and sheds light on the various facets behind it.

Is there a new “new normal” with COVID-19? And how might it change the work of treasury staff? Experts from international technology companies and financial service providers will share their views on the development of tax regulations, green finance and cyber security, for example.

In addition, the webinar series will focus on the possibilities of digital transformation and how finance processes can be optimised as a result. Stefan Feller, Head Capital Markets/Bonds, will participate on behalf of Loanboox. Keyword: Digital Treasury. 

Aktuelle Neuigkeiten zu Loanboox Blog Bild digitale Balken

Does that sound exciting? Then register now for the webinars on 01 and 08 June 2021.

Loanboox on SRF: The curse and blessing of negative interest rates

Loanboox on SRF: The curse and blessing of negative interest rates

Negative interest rates are becoming more and more of a nuisance, especially for savers who want to leave their money in the account. Those who take out a loan, on the other hand, benefit from the historically low interest rates.  CEO and co-founder of Loanboox Switzerland Andi Burri explains in an interview with Swiss radio and television SRF what this means for Swiss communities in concrete terms.

Since the introduction of negative interest rates, the average interest costs for cities, municipalities and cantons have dropped significantly. Through Loanboox alone, they have earned 23.2 million Swiss francs through negative interest since the platform was founded four years ago. This corresponds, for example, to the costs for the compulsory schooling of 1,081 pupils – we have already reported on this in detail in our blog. Especially municipalities with a good credit rating benefited from this development, according to Andi Burri in an interview with SRF’s Heute Morgen Journal.

But which municipalities have earned the most from negative interest rates? And how do they benefit the Confederation in its capital procurement? Find out the details in the radio report.

 

 

 

SRF 1 Economy: Municipalities benefit from negative interest rates

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You cannot listen to the audio file? You can read the SRF report in text form here.

The World in Covid 19 Shock – The Big Picture Special with Mark Dittli

The World in Covid 19 Shock – The Big Picture Special with Mark Dittli

How is the world – and Switzerland in particular – coping with the Covid 19 shock? How great is the economic damage? These questions were the focus of an exciting virtual Loanboox panel discussion with business journalist and “The Market” editor-in-chief Mark Dittli.

The bar chart makes it clear: 2020 was a disaster for most countries in economic terms. A single, red bar in the annual overview points steeply downwards. On another presentation slide, a heat map shimmers in shades of yellow, red and green. It shows a global comparison of how far the economic recovery has progressed in the individual countries – or not. “The Market’s editor-in-chief Mark Dittli explains the details and background so logically and comprehensibly that it is simply fun to follow his explanations.

Comprehensive market knowledge compactly packaged

In his 20-minute talk, the economic journalist looks at how the rapid rise in interest rates in the USA will affect the markets and Switzerland in particular. He takes a close look at economic and industrial sectors that have been the quickest to get back on their feet after the Covid 19 shock. In doing so, Dittli pays particular attention to the investor perspective. The intensive Q&A session afterwards showed how much he struck a chord with the participants. All in all, a successful start to an exciting series of expert talks.

Curious? You can watch Mark Dittli’s presentation here.

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Further expert talks and assessments on topics related to the economy, financial markets and digitalisation can be found here.

Innovation Days: Playground and Pool of Ideas

Two days, six groups and lots of good ideas – these were the basics for Loanboox’s internal “Innovation Days”, which focused on one thing above all: making the debt financing platform better for customers.

“Guys, I’m excited,” texts Loanboox Switzerland Managing Director Andi Burri in the shared chat of his working group. There is still half an hour until the workshop presentation. Together with four other colleagues, he has been working on the topic of “emotional design”, i.e. the question of where the financing platform could be used to better meet customers. To this end, the team has developed pop-up windows, created new buttons and revised e-mail notifications. Now they are putting the finishing touches to the slides, because of course they want to convince the others of their own ideas – after all, at the end of the “Innovation Days” a winner is to be chosen.

Have the courage to think “outside the box”.

The other five, multi-country groups also used the time to deal intensively with their respective focal topics. For example, how the financing process could really be thought through to the end completely digitally with a digital signature. And what advantages that would have for the customers. How to better connect platform users with each other or in which areas Loanboox could position itself more sustainably.

Loanboox Workshop Innovation Days

Creativity and inventiveness are remarkable, despite the physical distance. And there are also the workshop-type pizza orgies – only at home in front of the screen. Much of what the staff developed over the two days will be implemented. Smaller but important quick wins, such as making the funding button on the platform easier to find or a new 404 error page, have already been implemented.

The winner takes it all? Not in this case

And who will win the race in the end? The team that shows the needs of potential capital providers with a unique presentation and demonstrates how the platform could be adapted accordingly. But their success and the prize that comes with it – a team event when the Covid 19 pandemic is over – is not something the colleagues want to enjoy alone, but to share with everyone.

This is also good teamwork.

 

If you want to learn more about Loanboox, click here.