Association of German Credit Platforms welcomes DEBTVISION as new member
DEBTVISION GmbH, based in Stuttgart, is the youngest member of our association. The digital platform for Schuldscheindarlehen brings companies together with institutional investors. This is the first time that the Association of German Credit Platforms has gained a new member in the fast-growing segment of promissory notes.
Founded in June 2018 by Landesbank Baden-Württemberg (LBBW) and the Börse Stuttgart, the company has developed into a major European marketplace for Schuldscheindarlehen. DEBTVISION plays a pioneering role among the platforms in the use of Distributed Ledger Technology. “We are very pleased that we were able to take on a promissory note platform as a new member for the first time with DEBTVISION. We are gaining a strategically important supporter who fits perfectly with our idea of an alternative debt financing ecosystem”, says Constantin Fabricius, Managing Director of the Association of German Credit Platforms.
DEBTVISION GmbH is looking forward to working with the Association of German Credit Platforms: “Platforms are becoming increasingly important in the banking industry – it is therefore only logical and consistent that the industry installs its own association. DEBTVISION wants to actively promote and shape this process. We look forward to exchanging ideas and working with the other platform providers”, says CEO Christoph Steinbrich.
About DEBTVISION
DEBTVISION is a digital marketplace that connects borrowers, investors and arrangers to make the process of marketing Schuldscheine more efficient and transparent. Via the platform, investors can access all relevant information and documents and contact borrowers and arrangers directly in case of questions. DEBTVISION has a steady deal flow and a growing network of currently over 350 professional investors. In the first two business years, 51 transactions with a total volume of almost EUR 11 billion were placed via the platform.
Read the VdK press release here:
Press release of VdK
