New Crowdlending Platform for Real Estate

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05.10.2016
Swisslending

SwissLending, a new player within the FinTech ecosystem and the first crowdfunding platform in Switzerland specializing in loans for real estate professionals, is officially launched this week in Geneva.

Activity began in early 2016 to test the procedures implemented by the company. Two transactions were completed successfully in Lancy, Switzerland and Villiers-sur-Marne, France (picture above), for a total amount of funds raised over CHF 1.1 million.

In the property sector, the crowdlending revolution is very active as real estate investing has always been reserved to institutional investors and ultra high net worth individuals (UHNWI). The need to democratize the offering, generally considered rewarding (yield from 6% to 12%) and with controlled risk, is the purpose of SwissLending. It will place the investor at the heart of projects’ financing of public utility – the construction of housing, offices - with high added value. The funding lasts only a few months and is reimbursed at the completion of the construction and sale of the lots.

Globally, the crowdfunding industry had grown to approximately $34.4 billion by the end of 2015, according to the study published by Massolution. Looking at those numbers by market segment, two stand out in terms of volume: lending to businesses and individuals, and real estate crowdfunding. The latter, growing rapidly, is valued at $ 2.57 billion in 2015, but this sector is still in its infancy in Switzerland. As exposure and education increases, so will the size of the market.

About SwissLending:
SwissLending, member of the Swiss Crowdfunding Association, is a real estate crowdfunding platform ("Crowdlending") located in Geneva. SwissLending connects developers in need of funding and investors who are seeking an innovative method to effectively invest their capital. SwissLending is headed by Dominique Goy, a graduate from EPFL, HEC Lausanne and with the benefit of 17 years of experience in investments at J.P. Morgan and Lombard Odier.

Picture: "In Extenso" Villiers sur Marne - Paris

(Press release)

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