The Fintech company Loanboox, the leading money and capital market platform, collects CHF 22 million (20 million euros) in the Series B financing round.

Investors include the Deutsche Kreditbank AG, the LGT Group and other well-known investors from Europe and overseas. The company’s valuation rises to CHF 122 million (110 million euros).

Loanboox was launched in Switzerland at the end of 2016. The winner of last year’s Swiss Fintech Award now employs 40 people in Switzerland, Germany, France and Austria. Loanboox offers an online platform for big ticket loans, which makes financing and investing simpler, more transparent, more secure and reduces costs. Its clients are public-sector authorities, banks, large corporations and institutional investors. In Switzerland, private placements and bonds can also be issued through Loanboox. Since Go-Live at the end of 2016, a financing volume of twenty billion Swiss francs (17.5 billion euros) has been requested through Loanboox and over 1000 customers are active on the platform.

Round was oversubscribed

In order to secure further growth, Loanboox carried out a Series B financing round. Founder and CEO Stefan Muehlemann is very pleased with the great response from international investors:

In fact, we had the opportunity to select the new investors who could offer the most added value to Loanboox, as we were significantly oversubscribed. In addition, all previous shareholders have again invested in this round, a special sign of trust. We take those results as a great compliment, but also as an incentive for our further expansion in Europe and the expansion of our product range, for which we are now ideally equipped.

Even after the Series B financing round, the majority of the shares will remain in the hands of the founders and employees. The current valuation of CHF 122 million (110 million euros) is an impressive illustration of Loanboox’ success to date, but also of its enormous potential. The aim is to achieve profitability by the end of 2021.

DKB’s first Fintech investment

With the Deutsche Kreditbank and the LGT Group as further institution in the financial sector, Loanboox has gained two renowned investors who, like the other investors, also contribute expertise. Muehlemann: «This is a clear sign of our openness towards traditional market participants. We are proud to have gained the DKB, a digital pioneer in the banking environment, and the LGT Group, a globally active financial group, as investors». Since the investments of both companies are in the low single-digit percentage range, Loanboox’ independence is still fully guaranteed.
Thomas Jebsen, executive board member of DKB:

In the future, the platform economy will also change the traditional financing business of the public sector in Europe and we want to participate in this at an early stage

Also Prince Max von und zu Liechtenstein, CEO of the LGT Group, is pleased about the investment:

Loanboox is trend-setting in the area of big ticket debt. We are convinced of that

Several other well-known business angels

In addition to these two well-known addresses, numerous family offices and very well networked business angels have invested. Amongst others Emmanuel Roth (Co-Managing Partner at Five Arrows Principal Investments), Luzius Meisser (Co-Founder Bitcoin Association Switzerland and Board of Director at different Swiss Start-ups), Gerd Häusler (Member of the supervisory board of different German companies), Mutschler Ventures (with successful multi-investor Sylvie Mutschler), Delphen SARL (with ex-BCG Europe Chairman and now Loanboox France President René Abate) and Prof. Roland Berger (Founder, Partner and Honorary Chairman of Supervisory Board of the international strategy consultancy Roland Berger), who comments on Loanboox as follows:

For me, Loanboox is an important catalyst for increasing transparency, efficiency and security in the financing sector by creating significant and sustainable benefits for all market participants. The further applications of the technology and the platform are enormous

Contact for questions

Loanboox
Mr. Stefan Muehlemann, Founder & CEO
Mrs Martina Bühler, Head Marketing & Communication
Talacker 50, 8001 Zürich
0041 55 220 78 20
press@loanboox.com

Here you can find the press release as PDF.

About the recipe for success of Loanboox

Easy, fast, cheap and transparent: these are the four main aspects that made Loanboox’s peer-to-peer financing platform distinctive for the public sector. To-date, more than 1000 financing requests for over CHF16 billion have been requested; out of which CHF7 billion have been closed. Stefan Muehlemann, founder & CEO of Loanboox, talked to Startupticker about the start-up’s recipe for success.

Here you can read the full article Loanboox at the forefront of digitalization.