CreditGate24

CreditGate24 (Schweiz) AG, which now operates as CG24 Group, is a Swiss financial technology firm positioned as an online credit marketplace. Founded in November 2014 by Christoph M. Mueller, the platform officially launched in March 2015. Mueller, who serves as Founder and Chairman, originally conceived the idea as part of a novel banking concept. He is complemented by a management team with extensive banking experience, including co-founder Stefan Benkert, who brought his background from financial services and M&A to the roles of CEO and CFO.

The company operates a peer-to-peer (P2P) lending model, directly connecting borrowers with both private and institutional investors. This structure bypasses traditional banking overheads, allowing for more competitive interest rates for borrowers and what the company describes as attractive returns for investors. The business generates revenue through transparent fees associated with its loan arrangement and servicing processes. The platform's market consists of individuals and small to medium-sized enterprises (SMEs) in Switzerland seeking financing. Investors on the platform must have a Swiss bank account.

The firm's core service is a highly automated online platform that facilitates a range of credit products. For individuals, this includes personal loans for purposes like debt rescheduling, education, vehicle purchase, or home renovations, with amounts ranging from CHF 5,000 to CHF 250,000 and terms of 12 to 84 months. For businesses, it offers amortization loans, bullet loans, and working capital financing. A key milestone was the introduction of a secondary market in January 2017, a first for a Swiss P2P platform, which allows investors to sell their loan positions before maturity, thereby increasing liquidity. The company reached a financed loan volume of over CHF 100 million by May 2018 and acquired Advanon, another debt financing platform, in March 2020, subsequently rebranding to CG24 Group.

Keywords: P2P lending, online credit marketplace, fintech, Swiss loans, private credit, SME financing, peer-to-peer platform, institutional investors, personal loans, business loans, loan financing, debt financing, financial services, online lending, credit marketplace, investment opportunities, secondary loan market, Advanon acquisition, CG24 Group, Christoph M. Mueller