CrossLend in a nutshell
Founded in Berlin, Germany, in 2014, CrossLend has created a truly pioneering cross-border online marketplace lending platform.
How does CrossLend succeed in offering a platform with interesting and innovative potential for all its users? It comes down to the fusion of an intelligent proprietary scoring technology with a model which allows for flexible refinancing via a capital market structure alongside the ability to provide cross-border credit mediation through cooperation with our partner bank, biw AG. The result: opportunities for attractive interest rates for borrowers and attractive returns for investors.
We aim to reduce the gap between supply and demand in traditional lending in the European market by connecting borrowers from high-interest-rate countries with investors from low-interest-rate countries. In this way, we’re bridging Europe’s credit divide to create fresh perspectives for people on both sides of the coin.
Our vision is to eventually facilitate borrowing and investing across the globe.