Press release: 40bn milestone and strengthened executive team

Press release: 40bn milestone and strengthened executive team

  • BlaBlaCar manager Philippe Cayrol new CEO
  • Founder Stefan Muehlemann focuses on his position as Executive Chairman

Zurich, June 17th, 2020. The debt capital market platform Loanboox is broadening its executive team: Philippe Cayrol joins the Fintech as its new CEO. The experienced start-up manager takes over from founder Stefan Muehlemann who will focus on his role as Executive Chairman.

Philippe Cayrol, new CEO

unicorn BlaBlaCar. As Head of Corporate & Business Development, Cayrol developed the start-up into the world’s largest carpooling marketplace. Previously, Cayrol co-founded an investment fund in London that focused on growth capital for early stage companies.

The digitalisation of the large debt markets is only getting started, so I am very excited to join an exceptional team who is passionate about bringing more efficiency, accessibility and transparency to the debt capital markets. I am impressed by the innovative features and the traction of the platform and look forward to contributing to the future success of all our users,

says Cayrol.

Strengthened executive team to support new growth phase

With over CHF 40 billion of financing requests handled through the platform since the start and 2’500 organisations in six countries, I am incredibly proud of what we have achieved. As we now scale up our activities to the next level, including new products and target groups, it felt natural to strengthen the team. Whilst I was the right CEO for Loanboox’ inception and first years, it is now time to hand over operational responsibility to experts with relevant experiences. With Philippe, we have found a talented executive with the right mix of entrepreneurial spirit and execution capabilities,

says Muehlemann.

In addition to Cayrol, the two previous members Dario Zogg (Co-Founder & CTO) and Dominique Huegli (COO) complete Loanboox’ executive board. Co-Founder Andi Burri will continue his responsibilities as Country Head Switzerland and member of the Board of Directors, and will additionally focus on key customer relationships. Stefan Muehlemann, who founded Loanboox in 2015 and was CEO since then, will concentrate on his position as Executive Chairman.

About Loanboox:

Loanboox is the leading European debt capital market platform for large corporations, public-sector entities, institutional investors and banks. To date, Loanboox has processed financing requests of EUR 40 bn and is active in six countries.

Here you can download the press release and a picture of Philippe Cayrol and Stefan Muehlemann.

New Release May 2020

Loanboox works perfectly in all areas even during the Corona crisis. Our software development team has rolled out the new release from home office. Here are the most important changes.  

Website:

New design

There’s not much to explain – we hope you find it intuitive and you like it.  

Focus on relevant content: Our new blog

We will provide you with whitepapers, market information, factsheets and much more in our new blog. Come back regularly to check the news 

Lenny and Noa, our chatbots

The Loanboox family has grown: Lenny and Noa, our two virtual colleagues / chatbots. They are happy to answer your questions or forward them to the human colleagues. The chatbot tool is from the Swiss start-up Aiaibot. Try it out (just click on the head in the bottom right corner), there is a lot to discover 🙂  

Platform:

New design

The platform also got a fresher look, a more intuitive user interface, simplified tab structures, action buttons and a revamped document center.

Support

In order to be able to support you in the best possible way, we have introduced two new features: On one hand, you will find your direct contact person displayed on the start page. If you have any questions, you can always contact him or her via chat or call. On the other hand, there is a step-by-step assistant for the most important functions which should help you to get used to the new interface very quickly.

Specially interesting for borrowers: The portfolio

As of now, we offer our borrowers a portfolio. On one hand, you can see the most important facts about your previous financing requests at a glance (interest payment dates, expiration dates and volumes etc.), you can renew and find expiring loan tranches with just a few clicks. You can also add the loans closed outside of Loanboox, so that you have an overview about all your loans in your portfolio. On the other hand, you can find current market developments and interest rate overviews graphically displayed.

Specially interesting for investors: Investor profile and direct loans

Now you have the possibility to adjust your filter criteria in your investor profile according to maturity, currencies, segments, regions, etc. – so that they correspond exactly to what you are interested in and you will only be informed in case of matching requests. Loanboox has also launched a new product, direct loans. As an investor, you can reach a large number of borrowers in only one step and the borrowers can complete their offers in just two clicks; no tender, no effort, efficient for both contracting parties. For further information please don’t hesitate to contact us.

Recommendation for all our users: Do not use IE 11 anymore

If you are still working with the Internet Explorer 11 browser, we strongly recommend that you update it or use another browser. Otherwise, the platform will no longer work as desired. By the way, this helps you for many other programs, too, not only for Loanboox. 

Refresher needed or get started right away? 

Apart from these adjustments, there are many other new features you can discover on the platform.

Would you like to learn more about the new release? We are happy to explain the functionalities in detail in a webinar or you can test it yourself directly on the new platform.   

– for registered users –

– for new customers and registered users –

Questions or remarks? 

If you have any questions, please feel free to contact us via chat or by phone (+49 221 9865420). We look forward to working with you in the future to make the debt capital markets more accessible, efficient and transparent.

 

Your Loanboox-Team

New release is live!

New release is live!

New release is live!

New release: Chat feature, non-binding offers, information on partner services and many other features.

In countless contacts with customers and partners, we receive valuable input on how we can further develop Loanboox and make it even more user-friendly. We thank you very much for that. The implementation of these customer needs was also the focus in this release, among others, the following features were newly implemented:

  • Chat function on the platform: To ensure an even more uncomplicated exchange, direct communication among all platform participants is now possible.
  • Spread-based fixed interest rate offers: In order to better take into account longer decision-making processes and non-binding offers, financing based on a reference interest rate (e.g. the ICAP Midswap) plus spread are made possible. The reference interest rate can be defined in advance so that only the spread has to be specified when an offer is made.
  • Disbursement period:The borrower may request a period of gradual disbursement of his credit, depending on his needs. Thus, this disbursement period provides flexibility as it allows the loan to be used according to the progress of the investment program. Loanboox offers the possibility to request a revolving capacity on this disbursement period, to better manage the borrower’s cash flow.
  • Non-binding offers: It is now possible that investors can offer non-binding offers to better respond to the borrowers’ expectations. This option allows for more competitive offers, thus avoiding the borrower having to pay the cost for interest rate risks.
  • Information about partner services: To offer you the best service, we work with more and more partners. So that you do not lose the overview, the partner services are now clearly displayed in a list.

If you have any questions, please do not hesitate to contact us. We look forward to working with you in the future to make debt capital markets more accessible, efficient and transparent.

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Series B: Loanboox collects 20 million euros

Series B: Loanboox collects 20 million euros

Series B: Loanboox collects 20 million euros

Press release

The Fintech company Loanboox, the leading money and capital market platform, collects 20 million euros (CHF 22 million) 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 110 million euros (CHF 122 million).

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 17.5 billion euros (CHF 20 billion) 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 110 million euros (CHF 122 million) 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
Mr. Fabian Haag, Marketing Communications Manager
Burgmauer 10, 50667 Cologne
0049 221 9865420
press@loanboox.de

Here you can find the press release as PDF and a picture of Stefan Muehlemann.

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