What the press says

SMEs are finding it hard to access bank loans anymore. Private investors are now providing the money. These online platforms are growing rapidly.

SMEs are finding it hard to access bank loans anymore. Private investors are now providing the money. These online platforms are growing rapidly.

Zug-based crowdlending pioneer Cashare has completed its third round of financing. In addition, the company is now supported by a proven financial law expert and a person with extensive experience in stock exchanges and the development of innovative trading platforms.

Zug-based crowdlending specialist Cashare is expanding its advisory board with Dominik Witz and Harald Schnabel.

In Switzerland, emerging providers from the fintech scene have established themselves, complementing and partially replacing traditional lending services. Will this displace traditional banks?

Swiss crowdfunding companies can currently only dream of numbers like those in China. The online distribution of funds is still in its infancy here. However, the young fintech companies are growing rapidly.

Cashare first reported on the abolition of the 20-percent rule for SME loans up to CHF 1 million in July and adjusted the system to August 1. It was clearly noted that the abolition of this rule does not apply to private individuals.

The changes to the banking regulations that came into effect on August 1 are also intended to simplify crowdfunding. However, an inquiry by crowdlending provider Cashare to the Federal Department of Finance resulted in the information that nothing will change for crowdloans for private individuals. Loans for private individuals may still be financed by a maximum of 20 people; otherwise, a banking license is required.

More and more companies are turning to crowdlending platforms for a cash injection. There, multiple investors finance a loan. It's an attractive model for both sides.

Cashare, the pioneer in the crowdlending space, presents a first-of-its-kind project. It's an SME loan with a mortgage as additional security. Interested?