Corporate news


| creditshelf on strong growth path

Frankfurt am Main, Germany, 04 July 2019 – creditshelf Aktiengesellschaft, a pioneer in digital SME financing in Germany, managed to more than double its arranged loan volume in the first half 2019 compared with the same period of the previous year. The positive development of its loan business in the first half 2019 is reflected in the following numbers:

| creditshelf cooperates with finleap and plans to extend its activities through the acquisition of Valendo GmbH via capital increase by means of contribution in kind in creditshelf Aktiengesellschaft

Frankfurt am Main/ Berlin, 19 June 2019 – creditshelf Aktiengesellschaft, a pioneer in the field of digital SME financing in Germany, has laid the foundation for a cooperation with finleap, Europe’s leading fintech ecosystem. With today’s signing of a legally nonbinding letter of intent, creditshelf envisages the acquisition of Valendo GmbH, a specialist of technology-based secured financing for small and medium sized companies (SMEs) from the finleap portfolio. This acquisition allows creditshelf to extend its financing options and risk analysis tools with smart secured financing solutions, while Valendo has significant growth potential under the roof of creditshelf.

| creditshelf posts substantial growth in the first quarter of fiscal year 2019

Frankfurt am Main, Germany, 28 May 2019 – creditshelf Aktiengesellschaft, a pioneer in digital financing for small and medium-sized enterprises (SMEs) in Germany, today published results for the first quarter of 2019. They show substantial business growth in the first three months of the new fiscal year. creditshelf raised revenues to 936.8 thousand euros, compared to 316.9 thousand euros in the same period of 2018. This positive development is primarily attributable to the strongly increased volume of arranged loans, totalling 16.9 million euros by 31 March 2019, 145% above the figure for the first quarter of 2018 (6.9 million euros).

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