Fintech lending platform Loanboox eyes French expansion
Loanboox expands rapidly into European market
Award-winning Swiss fintech firm Loanboox is planning further expansion into Europe having obtained a foothold in Germany. The digital portal for matching institutions with investors plans a move into France and is also looking at other European markets.
Speed is important in this market, we have seen significant growth in Switzerland and now serve 100 cities in Germany. But we want to move quickly in other markets.
Chief Operations Officer Andi Burri told swissinfo.ch.
Since its inception, Loanboox has now played a part in connecting around 1,000 clients and facilitating requests of some CHF9 billion ($9.5 billion) in public sector loan deals.
Loanboox’s rapid growth saw the company crowned “growth stage start-up of the year” at the 2018 Swiss Fintech Awards earlier this month.
We are extremely proud and humbled by this award. It serves to confirm our vision and plans to move along even faster in future.
Said Andi Burri.