该平台的贷款资金主要源自多家机构投资者（包括葡萄牙挑战银行Banco BNI Europa）、200多名高净值个人、家族办公室和Obotritia Capital KGaA（由Rolf Elgeti控制）。
For some months now, momentum has been building behind what will be a historic IPO for the world’s first peer-to-peer business lender Funding Circle. The company is expected to raise in the region of ￡1.5bn in a listing on the London Stock Exchange.
But while Funding Circle has been lining up all the right pieces (banks, senior hires, a new performance page, etc.), another business lending platform beat it to the punch.
Creditshelf – a platform unique for its focus on bigger-ticket SME lending – was last week linked with a listing in an article in leading German outlet Handelsblatt. Those rumours were today confirmed by the company.
The lender aims to raise €15-20m through floating its shares on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange. The IPO is scheduled for the third quarter of 2018.
Long-term shareholder Hevella Capital GmbH & Co. KGaA, which is controlled by Rolf Elgeti, will place a backstop order of €15 as part of the listing.
Creditshelf launched in Germany in 2015. The firm says it had fielded more than 1,100 loan applications, carrying a volume of around €900m, as of 31 March 2018. In that same period it has lent €58m, with an average loan size of €540k, an average interest rate of approximately 9 per cent and an average term of 17 months.
Within its niche, Creditshelf sees a ‘credit gap’ of around €100bn, resulting primarily from post-crisis restrictions on bank lending. Factoring in existing SME lending volumes and an assumed market penetration of 10 per cent in online SME credit markets, Creditshelf sees an addressable market of roughly €39bn.
The platform funds loans with capital from a number of institutional investors (including Portuguese challenger bank Banco BNI Europa), more than 200 high net worth individuals, family offices and Obotritia Capital KGaA (controlled by Rolf Elgeti) as its anchor investor.
Dr. Tim Thabe (pictured), CEO and co-founder of Creditshelf, said in a statement: “The IPO will enable us to execute our growth strategy based on well-defined pillars such as software investments, product portfolio expansions, and the implementation of banking cooperations approximately €500m in arranged credit volume per year.”