Switzerlend AG, the company that provides the Lend and Splendit loan origination platforms, has today announced that it is working with LoanClear to provide independently verified performance metrics to allow investors to scrutinise and monitor the performance of their lending. As the largest marketplace lender for consumer loans in Switzerland, Lend provides access to solid CHF returns for institutional and retail investors. Since transparency is one Lend’s key values, the LoanClear verification is a logical step.

LoanClear uses loan tape data to create verified performance analysis. This allows investors to perform a like-for-like analysis of the track record of all lending originated on both the Lend and Splendit platforms. This new level of detail will enable investors to review the performance of Switzerlend’s platforms alongside other fintech lending platforms, and to compare risk and return characteristics across multiple geographies and asset types.

Commenting on the partnership, Arturo Vivas, Head of Risk Modelling and AI at Lend said: “Investors want to be able to compare performance across the lending sector to make informed decisions and identify the most attractive risk adjusted return. We are proud of our track record at both Lend and Splendit and are very happy for investors to scrutinise the detail on our new statistics website. They will see our commitment to responsible lending, and identify which assets suit them best.”

Rupert Taylor, CEO of LoanClear, added: “We are delighted that Lend is the latest platform to join LoanClear, and we look forward to helping to illustrate the company’s performance to investors. Their track record demonstrates an attractive return pick-up versus equivalent duration fixed income assets and we look forward to helping introduce these opportunities to new funding partners.”

About Switzerlend AG

Since its launch in January 2016, LEND has issued more than 2’800 loans with a total volume of more than CHF 125 million. LEND currently counts around 3’000 lenders, of which a growing number is institutional. The plattform enables investors to directly invest into loan projects of both SME and private borrowers and generate a return that has historically been superior to traditional CHF fixed income investments.

LEND and SPLENDIT are a trademark and service of Switzerlend AG. Switzerlend AG is listed in the Swiss Commercial Registry (Handelsregister CHE-456.445.646).

For more information, go to www.lend.cch

About LoanClear

LoanClear is an investor services provider that was spun out of Dynamic Credit in 2016. Founded initially with the goal of servicing the needs of Dynamic Credit and its advisory clients, LoanClear has since built a comprehensive suite of services that facilitate loan investments for any investor across the full spectrum of loan types. Experts in valuations, LoanClear has won over 100 valuation mandates from more than 50 unique clients across the range of liquid and illiquid assets. LoanClear performs ongoing valuation for over 300 illiquid debt securities and residential mortgage portfolios with a combined value of EUR 2.4 billion.

For more information, go to www.loanclear.com