LoanXchain

LoanXchain, founded in Milan, Italy in 2017, operates a business-to-business platform that functions as a multilateral, secondary marketplace for loans. The company was co-founded by Mattia D'Alessandra and Maura Rossetti. The founding team combines deep industry experience; D'Alessandra previously worked in investment banking and asset management with a focus on alternative investments, while Rossetti has over three decades of experience as a senior manager and consultant at firms like Accenture and McKinsey, developing complex international projects for banks. This blend of financial market and high-level consulting expertise directly informs the company's mission to address the post-financial crisis lending gap.

The firm's core business is to digitally connect loan originators, such as banks and specialized lenders, with institutional investors like funds, insurance companies, and family offices. This model facilitates an originate-to-distribute or originate-to-share approach, allowing lenders to manage their capital and liquidity more effectively by selling loans, thereby increasing their capacity for new lending. For investors, the platform provides access to a new asset class, offering potentially higher returns through direct investment in the real economy. LoanXchain generates revenue by making transactions more efficient, transparent, and less costly, which in turn enables smaller, more frequent deals that were previously unviable.

The platform is built on R3's Corda blockchain technology, which is specifically designed for the needs of financial institutions. This technological foundation provides a secure, end-to-end environment for digitizing assets, ensuring data encryption, persistency, and auditability through smart contracts. Key features are structured into five main components: a 'Depot' for uploading and checking loan data quality, a 'Warehouse' for portfolio management and analysis, a 'Market' for executing buy/sell auctions, an 'Institutions' section for counterparty information, and a 'Transaction' module for finalizing contracts and ownership exchange. A significant milestone was the successful execution of its first pilot transaction, which involved Deutsche Bank and Banca Mediolanum as buyers and Dynamica Retail as a seller, transferring €1 million in salary-backed loans.

Keywords: secondary loan marketplace, fintech, blockchain finance, R3 Corda, loan trading platform, digital assets, credit management, institutional investors, loan originators, alternative investments, originate-to-distribute, financial technology, asset tokenization, P2P lending, loan securitization, credit risk transfer, private debt, direct lending, financial inclusion, SME financing