Great interest in peer-to-peer lending12.05.2017 08:24
This week SIX and Lendity hosted the first Swiss Alternative Lending Conference. 200 financial advisors, institutional investors and representatives of family offices gathered at the SIX Swiss Exchange.
Lendity connects alternative lending platforms with the traditional banking system using its infrastructure and technology. After monitoring global platforms and connecting selected ones to the Lendity infrastructure, it uses technology to assess risk and source thousands of loans from different platforms, achieving optimal diversification. Lendity products will be sold through traditional banking channels, providing institutional-grade access for the rapidly growing asset class of alternative lending. According to Rafael Karamanian, Partner at Lendity, the product will be launched soon.
Lendity has been accelerated by F10, Switzerland's Fintech accelerator founded by SIX, PwC and Julius Baer. And in collaboration with SIX, Lendity hosted a conference at the SIX Swiss Exchange to popularise the concept of alternative lending. Panelists from family offices, consulting companies and startups including Cashare, creditworld and Creditgate24 discussed the opportunities and the challenges in the market.
The event proofed that there is a great interest in investing in peer-to-peer lending, marketplace lending, crowdlending and factoring. 200 participants flocked to the event. The room was so crowded that some people in the audience have to stand. In addition the event is a good example what a start-up such as Lendity and a corporation like SIX Group can achieve when they team up.