CrossLend - About the company
CrossLend is a series B company based in Germany, founded in 2014 by Daniel Schlotter and Oliver Schimek. It operates as a Secondary marketplace for loans. CrossLend has raised $54.8M in funding from investors like Earlybird, Solaris and Mouro Capital. The company has 32 active competitors, including 9 funded and 6 that have exited. Its top competitors include companies like Pagaya, Community Capital Technology and Optimal Blue.
Company Details
CrossLend is a digital debt marketplace. By means of a securitization solution, CrossLend connects the originator supply with institutional investor demand. It offers investable loans to institutional investors by transforming loans into capital markets instruments. It provides standardized loan data for comparability and reporting.
- Website
- crosslend.com
- Email ID
- *****@crosslend.com
- Registered Address
- Kemperplatz 1 10785 Berlin
Key Metrics
Founded Year
2014
Location
Stage
Series B
Total Funding
$54.8M in 4 rounds
Latest Funding Round
Ranked
6th among 32 active competitors
Employee Count
3 as on Jun 30, 2026
Legal entities associated with CrossLend
CrossLend is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CrossLend GmbH CIN: F1103_HRB160198B , Germany, Active | Jul 24, 2014 | - | 2 (As on Dec 31, 2022) | |
CrossLend GmbH CIN: HRB160198 , Germany, Active | Jul 23, 2014 | - | 65 (As on Dec 31, 2020) |
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CrossLend's funding and investors
CrossLend has raised a total funding of $54.8M over 4 rounds. Its first funding round was on Feb 09, 2017. Its latest funding round was a Series B round on Oct 16, 2019 for $*****. 4 investors participated in its latest round. CrossLend has 20 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of CrossLend:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 16, 2019 | 7742281 | Series B | 8054576 | 4796587 | 5720700 | 5109294 |
Sep 06, 2018 | 1670480 | Series A | 9528328 | 6781761 | 4008635 | |
Apr 28, 2017 | 4559255 | Seed | 4024155 | 5337325 | 1828746 |
View details of CrossLend's funding rounds and investors
CrossLend's founders and board of directors
Founder? Claim ProfileThe founders of CrossLend are Daniel Schlotter and Oliver Schimek.
Here are the details of CrossLend's key team members:
- Daniel Schlotter: Former Founder & MD of CrossLend. They serve on the board of 1 company.
- Oliver Schimek: Former Founder & CEO of CrossLend and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
CrossLend's Board of Directors
CrossLend's board has 5 active members. Daniel Schlotter, Oliver Schimek, Marco Hinz, Marie Louise Seelig and Dagmar Bottenbruch are part of team.Here is the list of CrossLend's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 8m | |
Team | - | Current | 10y 0m | |
wehyitc | Team | - | Past | 4y 4m |
higrxrj | Team | - | Past | 1y 9m |
jcnitdi | Team | - | Current | 3y 8m |
yfbpbsw | Team | - | Current | 7y 9m |
reoidup | Team | - | Current | 7y 9m |
vxuffio | Team | - | Past | 5y 2m |
w{twbnd | Team | - | Past | 9y 2m |
View details of CrossLend's Founder profiles and Board Members
CrossLend's employee count trend
CrossLend has 3 employees as of Jun 26. Here is CrossLend's employee count trend over the years:
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CrossLend's Competitors and alternates
Top competitors of CrossLend include Pagaya, Community Capital Technology and Optimal Blue. Here is the list of Top 10 competitors of CrossLend, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Pagaya 2016, New York City (United States), Public | Provider of an AI-powered lending network that connects financial institutions with institutional investors | $146M | 62/100 | |
2nd | Community Capital Technology 2017, New York City (United States), Series A | Provider of loan transactions marketplace and business intelligence platform | $13.5M | 59/100 | |
3rd | Optimal Blue 2002, Plano (United States), Acquired | Product pricing and secondary marketing automation platform. | $22.4M | 51/100 | |
4th | AGORA Data 2017, Arlington (United States), Seed | P2P exchange marketplace for automotive financing | - | 49/100 | |
5th | Trade Technologies 1999, Hong Kong (China), Acquired | Web-based trade documentation software | - | - | 48/100 |
6th | Secondary marketplace for loans | $54.8M | 46/100 | ||
7th | DebtX 2000, Boston (United States), Funding Raised | Online loan sale and debt trading exchange system | - | - | 44/100 |
8th | CCRManager 2016, Singapore (Singapore), Series A | Online platform for secondary trade finance | $8.61M | 41/100 | |
9th | Participate 2022, Little Rock (United States), Funding Raised | Provider of loan participation and loan sale automation software solutions | - | 39/100 | |
10th | Global Trade 2002, Toronto (Canada), Acquired | Multi-bank trade finance platform | - | - | 39/100 |
Looking for more details on CrossLend's competitors? Click here to see the top ones
CrossLend's Investments and acquisitions
CrossLend has made no investments or acquisitions yet.
Reports related to CrossLend
Here is the latest report on CrossLend's sector:
News related to CrossLend
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Token names finleap's Lea Siering as managing directorFinextra•Apr 05, 2023•Token, CrossLend, finleap connect
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Frank Haering joins CrossLend as Executive Strategy AdvisorBusiness Wire•Mar 17, 2022•CrossLend, J P Morgan
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The Berlin FinTech CrossLend joins the Federal Association of Alternative Investments (BAI).Business Wire•Feb 14, 2022•CrossLend
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Fintech CrossLend Joins the Association of German Credit PlatformsCrowdfund Insider•Jun 01, 2021•CrossLend
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London’s P2P Invoice Financing Platform MarketFinance Increased Lending to Over £340 Million this YearCrowdfund Insider•Jan 01, 2021•Kriya, MarketFinance, CrossLend
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Dutch P2P firm Geldvoorelkaar partners with debt marketplace CrossLendPeer2Peer Finance News•Nov 11, 2020•Geldvoorelkaar, CrossLend
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Folk2Folk Teams Up With CrossLend to Strengthen Institutional Investor StrategyCrowdfund Insider•Jul 23, 2020•Folk2Folk, CrossLend
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