CrossLend’s resident expert on securitisations, Head of Legal Antonine Sanchez, talks about the potential advantages of a securitisation structure for investors, the changes to Luxembourg’s securitisation law including the ability to better incorporate foreign instruments such as German Schuldschein, and the concept of securitisation as a service. Hi Antonine, can you please give a brief introduction to your professional background and how you came to CrossLend? Antonine Sanchez: I am a lawyer who qualified to practise in Paris and New York. Before joining CrossLend, I worked several years at ..read more

Founded in Stockholm, Sweden in 2014, Tessin AB offers construction and bridge loans to property companies and property developers. While the company started using traditional crowd-funding methods, it has steadily expanded its capital base to encompass institutions and family offices, while moving further down the capital stack of the projects it finances, explains Lars Almquist, the CEO of Tessin Capital. Recently, with the help of CrossLend, it signed a deal with LCM Partners, a London-based fund manager, committing 100 million euros, primarily to be used for residential development loans ..read more

A fast-growing trade finance platform, Lenderwize specialises in invoice financing in the digital economy. Currently its platform provides its services to the telecommunications industry, financing invoices for the voice telecom wholesale industry, the SMS industry, the data industry, and the direct carrier billing industry. Lawrence Gilioli, founder at Lenderwize, spoke with Brian Kane, Director Capital Markets and Origination at CrossLend, and explained how its tech-driven platform can perform real time monitoring of activities to prevent fraud, its value to insurance companies that insure ..read more

Berlin-based FinTech CrossLend is proud to announce it has joined as a signatory of the UN-supported Principles for Responsible Investment (PRI). The PRI is a UN-supported network of investors which works to promote sustainable investment through the incorporation of environmental, social and governance factors (ESG) into investment decision making. As a PRI signatory, CrossLend will further enhance its processes and investment practices around ESG. To date, CrossLend’s technology and marketplace platform have been utilised in a number of significant transactions where ESG aspects were at the ..read more

Securitisation is an important and flexible structure which is used by many investors. In this context, Luxembourg is one of the leading jurisdictions in Europe, with the aggregated balance sheet of financial vehicle corporations (FVCs) domiciled in Luxembourg at the end of Q1 2022 standing at 387.1 billion euros, with transactions that quarter totaling 4.9bn euros, according to data from the European Statistical Data Warehouse. CrossLend’s securitisation as a service utilises regulated and non-regulated structures in the Grand Duchy of Luxembourg. A recent overhaul of Luxembourg’s securitisa ..read more

The overhaul of Luxembourg’s securitisation laws introduced a number of changes, notably allowing for active management and a broader scope for refinancing. Holger von Keutz, securitisation leader at PwC Luxembourg, believes that the amended law will increase the attractiveness of Luxembourg as a securitisation hub, which in turn will also help bolster the range of services provided in the Grand Duchy. He spoke with Marco Hinz, COO at CrossLend. Marco Hinz: The amended law presents some significant changes. What was the background to this – had there been requests from industry participants o ..read more

Das Berliner FinTech-Unternehmen CrossLend ist stolzer Unterzeichner der Principles for Responsible Investment (PRI). Die PRI sind ein von den Vereinten Nationen (UN) unterstütztes Netzwerk von Investoren, das sich durch den Einbezug von Environmental-, Social- und Governance (ESG) Faktoren in Investitions-entscheidungen für die Förderung nachhaltiger Investitionen einsetzt. Als Unterzeichner der PRI wird CrossLend seine Prozesse und Investitionsansätze mit Bezug auf ESG weiter verbessern. Bislang wurden CrossLends Technologie und Marktplatz bei einer Reihe von bedeutenden Transaktionen einge ..read more

With Luxembourg one of the main jurisdictions for securitisations in Europe, recent amendments to the duchy’s securitisation law look set to provide additional flexibility and clarity for investors. That includes expanding the variety of financial instruments which can be used as assets for a securitisation, and allowing loans granted to special purpose vehicles (SPVs) by investors to be counted as assets. Addressing these changes and more in depth, the web session features Antonine Sanchez, Head of Legal at CrossLend, Holger von Keutz, Securitisation Leader at PwC Luxembourg, and Paul Pépor ..read more

Amid increasing breadth within the private debt asset class, specialised investors can allocate capital to sub segments in a bid to improve diversification and overall returns. Digital lenders – non-bank lenders that rely on external investors to fund originations – are playing an increasing role in lending to consumers and businesses, and can also provide attractive returns to investors. Investments in digital lender’s originations can benefit from highly granular portfolio construction, with diversification across multiple dimensions including country, risk classes, borrower activity, matur ..read more

A web session with CrossLend, PwC and Allen & Overy With Luxembourg as one of the main jurisdictions for securitisations in Europe, recent amendments to the duchy’s securitisation law look set to provide additional flexibility and clarity for issuers and investors. That includes expanding the variety of financial instruments which can be used as securitisation assets, and additionally allowing loans granted to special purpose vehicles (SPVs) by investors to be used for refinancing purposes. Addressing these changes and more in depth, the web session features Antonine Sanchez, Head of Leg ..read more