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Marketing/Content Creator Working Student

Marketing/Content Creator Working Student

Financial Service Technology Company in Frankfurt, Germany 

Who Are We?

We are Exaloan, a financial services technology company. We provide institutional investors with cutting-edge tools to invest globally in digital loans. We operate at the intersection of asset management, software development, and advanced analytics with the ambition to drive innovation in one of the fastest growing FinTech sectors. And we are unstoppable to reach our goals. 

Who Are We Looking For?

You are open minded, self-driven and an expert in your field. You are eager to work in the Fintech industry and want to join our team and contribute to the growth of the company. You work independently and like to take on responsibility and your own projects.

Your Role

  • You will be in charge of all Marketing related topics within the company
  • You will be responsible to monitor and moderate our Social Media channels (e.g. LinkedIn, Crunchbase)
  • You produce and edit content such as: social media posts, infographics, news post etc.
  • You create blog posts on an ongoing basis for our website on a wide range of topics related to our business, fintech and digital lending, or other industry related topics (Please have a look at our current blog posts just as an example)
  • Exploring new engagement methods and other potential Social Media platforms

Your Profile

  • You are pursuing a Bachelor’s or Master’s degree in Finance, Business Administration or Marketing/Media communication
  • Previous experience in the field of Marketing is needed
  • You like to juggle words and are an excellent creator and writer
  • You are a quick learner with the ability to leverage different technologies and data work
  • Interest and/or experience in data analytics and technology are a plus
  • Excellent English; German or any other language is a plus

What We Offer

  • Flexible working schedule.
  • Professional and experienced team.
  • International environment and network.
  • Central office in the heart of Frankfurt.
  • Direct involvement in the entire trajectory of the firm.
  • A steep learning curve.
We hire for talent; hence you will be able to develop your role according to your personal goals and position yourself where you can make the biggest impact and contribution.

 

If you think you are a good fit for our team, send your application now!

Apply for this role


    Full Name *


    Email *


    Phone number


    .


    What are you interested to contribute to Exaloan? *


    Documents

    * Please submit CV/Resume and Cover letter in English

    Resume/CV *


    Cover letter *


    Other documents


    Linkedin URL


    Twitter URL


    Github URL


    Portfolio URL


    Other website


    Additional Information


    .

    .

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    Software Development Working Student

    Software Development Working Student

    Financial Service Technology Company in Frankfurt, Germany 

    Who Are We

    Exaloan is a financial services technology company that provides institutional investors with cutting-edge tools to invest globally in digital loans. We operate at the intersection of asset management, software development, and advanced analytics with the ambition to drive innovation in one of the fastest growing FinTech sectors. To strengthen our Software Development Team, we are looking for a working student to join us.

    Who Are We Looking For?

    You are open-minded, self-driven and an expert in your field. You are eager to work in the Fintech industry and want to join our team and contribute to the growth of the company. You work independently and like to take on responsibility and your own projects.

    Your Role 

    • You will be working directly with the founding partners of industry experts across the fields that are at the heart of what we do: capital markets, portfolio management, banking law, software engineering, and machine learning. 
    • You will be a full member of our software development team from day one.
    • You will support the development of the Loansweeper platform.
    •  You will support the team in developing API connectors to our platform partners offering digital loans to consumers and small businesses. Depending on your interest and skill set you will be involved in our data science and machine learning activities.
    • You will support in the optimization and documentation of existing processes.

    Your Profile

    • We are open about you being enrolled in a BSc. or an MSc. Program and will arrange schedules together with you according to your classes and time shifts between Frankfurt and Singapore 
    • You identify as a self-starter with an entrepreneurial spirit, a curious, creative mind and a profound understanding of (or deep interest in) programming, data science, and/or quantitative analytics.  
    • To work effectively in our team, you should be familiar with PythonNode.js, and ideally NoSQL DatabasesFundamentals in Machine LearningBig Data Applications such as h2O, Apache Spark or similar are a plus. Some interest in API development and if you have had some exposure to capital and financial markets in the past will be helpful working with us. 
    • Being an international team from many different countries we like to see you be confident speaking in English 

    What we offer

    • We offer flexible working hours, an international network, direct involvement in the entire trajectory of the firm, innovation on an ongoing basis and a steep learning curve. We hire for talent, hence you will be able to develop your role according to your personal goals and position yourself where you can make the biggest impact and contribution.  
    • If you are passionate to build with us next-generation asset management solutions in the fastest-growing FinTech market, please fill out your application in the next section.

    Apply for this role


      Full Name *


      Email *


      Phone number


      .


      What are you interested to contribute to Exaloan? *


      Documents

      * Please submit CV/Resume and Cover letter in English

      Resume/CV *


      Cover letter *


      Other documents


      Linkedin URL


      Twitter URL


      Github URL


      Portfolio URL


      Other website


      Additional Information


      .

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      Strategic Growth Manager

      Strategic Growth Manager

      Financial Service Technology Company in Frankfurt, Germany 

      Who Are We?

      We are Exaloan, a financial services technology company. We provide institutional investors with cutting-edge tools to invest globally in digital loans. We operate at the intersection of asset management, software development, and advanced analytics with the ambition to drive innovation in one of the fastest-growing FinTech sectors. And we are unstoppable to reach our goals.

      Who Are We Looking For?

      You are open-minded, self-driven and an expert in your field. You are eager to work in the Fintech industry and want to join our team and contribute to the growth of the company. You work independently and like to take on responsibility and your own projects. 

      Your Role

      • You will be responsible for developing and maintaining long-term relationships with digital lending platforms mainly from Europe, Asia, and the US.
      • You identify potential platform partners and lead the communication from establishing first contact to full integration. You will work together with our onboarding team to integrate partners into our ecosystem.
      • You will be responsible for building Business Development structures and processes.
      • You are capable to lead and supervise other team members and take on the coordination of various activities within the business development team.
      • You will independently pick up the topics and fully shape the position.

      Your Profile

      • Ideally, you have 3 to 5 years of experience in a similar position or relevant internships/working student positions in this field.
      • A bachelor’s degree in the field of Business Administration, Finance or adjacent areas is a must; a master’s degree would be an advantage.
      • Excellent verbal and written communication skills.
      • You think analytically and are able to give presentations to customers and partners.
      • Fluent English is mandatory; German, another European and Asian language is a plus.

      What Do We Offer

      • Flexible working schedule.
      • Professional and experienced team.
      • International environment and network.
      • Central office in the heart of Frankfurt.
      • Direct involvement and participation in the entire trajectory of the firm.
      • The possibility to grow and scale your role along with the growth of Exaloan.

      If you think you are a good fit for our team, send your application now!

      Apply for this role


        Full Name *


        Email *


        Phone number


        .


        What are you interested to contribute to Exaloan? *


        Documents

        * Please submit CV/Resume and Cover letter in English

        Resume/CV *


        Cover letter *


        Other documents


        Linkedin URL


        Twitter URL


        Github URL


        Portfolio URL


        Other website



        Salary expectation


        Additional Information


        .

        .

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        Business Development Working student

        Business Development Working student

        Financial Service Technology Company in Frankfurt, Germany 

        Who Are We?

        Exaloan is a financial services technology company that provides institutional investors with cutting-edge tools to invest globally in digital loans. We operate at the intersection of asset management, software development, and advanced analytics with the ambition to drive innovation in one of the fastest-growing fintech sectors 

        To strengthen our Business Development team, we are looking for a working student starting as soon as possible. 

        Your Role 

        • You will be working directly with the founding partners of industry experts with more than 100 years of combined experience across the fields that are at the heart of what we do: capital markets, portfolio management, banking law, software engineering, and machine learning. 
        • You will be a full member of our business development team from day one. 
        • You reach out to potential partner platforms and introduce Exaloan as a growth partner. 
        • You will be responsible for preparing company and product presentations.
        • You will support the team with the preparation and research on market entry opportunities and the development potential of lending platforms. This will include researching topics such as capital markets, demographics, financial inclusion, and more. 

        Your Profile

        • We are open about you being enrolled in a BSc. or an MSc. Program and will arrange schedules together with you according to your classes.  
        • You identify as a self-starter with an entrepreneurial spirit, a curious, creative mind, and a profound understanding of (or deep interest in) capital markets, data science and/or quantitative analytics. 
        • You have had some exposure to programming in the past, we consider this as a plus. 
        • Ideally, you can communicate in multiple languages or show a high affinity to international markets such as South East Asia and other European regions.  

        What we offer

        • flexible working hours,  
        • a central office in the Bahnhofsviertel 
        • an international network,  
        • direct involvement in the entire trajectory of the firm,  
        • innovation on an ongoing basis and  
        • a steep learning curve. 
        We hire for talent, hence you will be able to develop your role according to your personal goals and position yourself where you can make the biggest impact and contribution.  

        If you think you are a good fit for our company, send your application now!

         

        Apply for this role


          Full Name *


          Email *


          Phone number


          .


          What are you interested to contribute to Exaloan? *


          Documents

          * Please submit CV/Resume and Cover letter in English

          Resume/CV *


          Cover letter *


          Other documents


          Linkedin URL


          Twitter URL


          Github URL


          Portfolio URL


          Other website


          Additional Information


          .

          .

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          Full Time Data Scientist

          Full Time Data Scientist

          Financial Service Technology Company in Frankfurt, Germany 

          Who Are We?

          We are Exaloan, a financial services technology company. We provide institutional investors with cutting-edge tools to invest globally in digital loans. We operate at the intersection of asset management, software development, and advanced analytics with the ambition to drive innovation in one of the fastest growing FinTech sectors. And we are unstoppable to reach our goals.

          Who Are We Looking For?

          You are open minded, self-driven and an expert in your field. You are eager to work in the Fintech industry and want to join our team and contribute to the growth of the company. You work independently and like to take on responsibility and your own projects.

          Your Role

          • You will be working directly with the founding partners of industry experts with more than 100 years of combined experience across the fields that are at the heart of what we do: capital markets, portfolio management, banking law, software engineering and machine learning.
          • You will be a full member of our Software Development team from day one.
          • You will be in charge of your own projects.
          • You determine the effectiveness and certainty of new data sources and data gathering approach. 
          • You analyze large structured and unstructured data sets and derive insights from them.
          • You develop custom data models and algorithms to apply to data sets. 
          • You will manage components of our analytics infrastructure from data source to visualization.

          Your Profile

          • You have a Bachelor or Master’s degree preferably in the field of Computer Science, Applied math or Information technology ideally with a focus on Data Science.
          • You already have some practical work experience in a relevant field, ideally 3-5 years
          • Good knowledge as well as previous working experiences are a plus.
          • By joining an international team from many different countries excellent English language skills are essential.
          • Ideally you are adept at using large data sets to find opportunities for product and process development.
          • You identify as a self-starter with an entrepreneurial spirit, a curious, creative mind and a profound understanding of (or deep interest in) data science quantitative analytics, and/or capital markets.
          • You are dedicated and familiarize yourself quickly and comprehensively with new topics while also being able to prioritize and achieve objectives.
          • To work effectively in our team, you should be familiar with Python, Node.js, and ideally NoSQL Databases. Essentials in Machine Learning and Big Data Applications such as h2O, Apache Spark or similar, are your daily business.
          • You have a very good knowledge of MS-Office applications.

          What We Offer

          • Flexible working schedule.
          • Professional and experienced team.
          • International environment and network.
          • Central office in the heart of Frankfurt.
          • Direct involvement in the entire trajectory of the firm.
          • A steep learning curve.

          We hire for talent; hence you will be able to develop your role according to your personal goals and position yourself where you can make the biggest impact and contribution.

          If you think you are a good fit for our team, send your application now!

          Apply for this role


            Full Name *


            Email *


            Phone number


            .


            What are you interested to contribute to Exaloan? *


            Documents

            * Please submit CV/Resume and Cover letter in English

            Resume/CV *


            Cover letter *


            Other documents


            Linkedin URL


            Twitter URL


            Github URL


            Portfolio URL


            Other website



            Salary expectation


            Additional Information


            .

            .

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            Data Science Intern / Working Student

            Data Science Intern / Working Student

            Financial Service Technology Company in Frankfurt, Germany 

            Who Are We?

            We are Exaloan, a financial services technology company. We provide institutional investors with cutting-edge tools to invest globally in digital loans. We operate at the intersection of asset management, software development, and advanced analytics with the ambition to drive innovation in one of the fastest growing FinTech sectors. And we are unstoppable to reach our goals.

            Who Are We Looking For?

            We are looking for a savvy Data Science Intern / Working Student to join our analytics team. You are open minded, self-driven and an expert in your field. You are eager to work in the Fintech industry and want to join our team and contribute to the growth of the company. You work independently and like to take on responsibility and your own projects.

            Your Role

            • You will be working directly with the founding partners of industry experts with more than 100 years of combined experience across the fields that are at the heart of what we do: capital markets, portfolio management, banking law, software engineering and machine learning.
            • You will be a full member of our Product Development team from day one.
            • You will be in charge of your own projects.
            • You determine the effectiveness and certainty of new data sources and data gathering approach. 
            • You analyze large structured and unstructured data sets and derive insights from them.
            • You develop custom data models and algorithms to apply to data sets. 
            • You will manage components of our analytics infrastructure from data source to visualization.

            Your Profile

            • You are currently enrolled in a Bachelor’s or Master’s program preferably in the field of Computer Science, Applied math or Information technology ideally with a focus on Data Science.
            • You already have some practical work experience in a relevant field
            • Excellent English language skills are essential.
            • You identify as a self-starter with an entrepreneurial spirit, a curious, creative mind, and a profound understanding of (or deep interest in) capital markets, data science and/or quantitative analytics.
            • You are dedicated and familiarize yourself quickly and comprehensively with new topics while also being able to prioritize and achieve objectives.
            • To work effectively in our team, you should be familiar with Python and ideally NoSQL Databases. Essentials in Machine Learning and Big Data Applications such as h2O, Apache Spark or similar, are your daily business.
            • You have a very good knowledge of MS-Office applications.

            What We Offer

            • Flexible working schedule.
            • Professional and experienced team.
            • International environment and network.
            • Central office in the heart of Frankfurt.
            • Direct involvement in the entire trajectory of the firm.
            • A steep learning curve.
            We hire for talent; hence you will be able to develop your role according to your personal goals and position yourself where you can make the biggest impact and contribution.

             

            If you think you are a good fit for our team, send your application now!

            Apply for this role


              Full Name *


              Email *


              Phone number


              .


              What are you interested to contribute to Exaloan? *


              Documents

              * Please submit CV/Resume and Cover letter in English

              Resume/CV *


              Cover letter *


              Other documents


              Linkedin URL


              Twitter URL


              Github URL


              Portfolio URL


              Other website


              Additional Information


              .

              .

              Categories
              News

              Exaloan & Creditshelf: How digital SME lending adds value to an investor’s asset mix

              Creditshelf & Exaloan: How digital SME lending adds value to an investor's asset mix

              Frankfurt am Main, Germany, November 25, 2021 ‒ creditshelf Aktiengesellschaft, the leading financier for digital SME loans in Germany, and the data scientists at Exaloan AG confirm the added value of digital SME loans for the portfolios of institutional investors in a joint study.

               

              Based on ECB data and the loan book of the creditshelf Loan Fund, the joint study elaborates the potential of the new asset class in the portfolio mix. Digital SME loans, such as those arranged by creditshelf’s lending platform, show a low correlation with other asset classes like equity, real estate, corporate or government bonds, and private equity. They are therefore ideally suited for further diversification of existing portfolios.


              Dr. Tim Thabe, founding partner and CEO of creditshelf, explains: “We always knew that we are offering an attractive asset class for investors. Our new study with Exaloan officially confirms this. Especially companies of the German Mittelstand rarely have access to the capital markets and are therefore difficult to invest in by institutional investors. Through our platform, we offer a simple, digital and customizable way to invest directly into the German Mittelstand.”


              In a volatility comparison, digital SME loans are significantly below other asset classes, even in comparison to a similar fixed income segment like corporate bonds. At the same time, they have much greater potential in terms of net returns. With the creditshelf Loan Fund portfolio, for example, the track record showed that investor returns amounted to up to 6% per year.


              “We used bank lending data from the ECB to get a clearer picture of long-term return estimates for digital SME loans. When analyzing the data, we found that SME loans could be a great asset to include in an investor’s portfolio because they offer higher returns with a shorter duration than traditional fixed income securities like corporate bonds. By taking a close look at the creditshelf Loan Fund, we were able to validate our estimates with actual data. The study shows that institutional investors can benefit significantly from adding digital SME loans to their portfolio to enhance returns in a meaningful and stable way. Having the right tools to construct a diversified loan portfolio and control default risk is key, which is what our analytics engine is built for,” explains Luca Frignani, CEO and founding partner of Exaloan.

               

              About Exaloan

              Exaloan is the leading technology provider for institutional investments in digital loans. Its mission is to close the global funding gap for individuals, entrepreneurs and SMEs by connecting institutional capital with digital lending platforms. By operating a global B2B marketplace, the company opens up digital lending as a new asset class.. As an independent agent and validator, Exaloan provides a fully digital investment infrastructure with a standardized risk assessment of each single loan through its Loansweeper™ platform. At the core of its business, Exaloan uses big data and predictive analytics to generate an independent real time credit analysis as well as dedicated insights and reporting for institutional investors, banks, and lending platform partners. Insights cover topics such as sustainability reporting, advanced portfolio analytics, and market research.

              Behind Exaloan stands an experienced team with extensive know-how in the areas of quantitative portfolio management, capital markets, machine learning, and software development.

               

               

              About creditshelf

              creditshelf is the leading financier for digital SME loans in Germany. Founded in 2014 and headquartered in Frankfurt am Main, the company arranges bank-independent, flexible financing solutions via a constantly growing network. creditshelf combines complementary needs: While SME entrepreneurs can easily access attractive financing alternatives, institutional investors can invest directly in German SMEs and partners can support their clients as innovative providers of new credit solutions. The core of creditshelf’s business model is a unique, data-driven risk analysis and unbureaucratic, fast and digital processes. Thereby, creditshelf covers the entire value chain: its platform is used to select suitable credit projects, analyze the creditworthiness of potential borrowers, and provide credit scoring as well as risk-adequate pricing. For these services creditshelf receives fees from both borrowers and investors.

               

              creditshelf has been listed in the Prime Standard Segment of the Frankfurt Stock Exchange since 2018. The experts in the creditshelf team offer many years of experience in SME financing and are trusted partners and visionaries for the entrepreneurship of tomorrow.

               

               

               

              To get access to the study please click the button down below or contact us directly at research@exaloan.com.

              If you want to find out more, reach out to us.

              We look forward to working with you!

              Share it with your friends!

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              Full Stack Developer

              Full Stack Developer

              Financial Service Technology Company in Frankfurt, Germany 

              Who Are We?

              We are Exaloan, a financial services technology company. We provide a global marketplace that connects institutional investors with digital lending platforms. We operate at the intersection of asset management, software development, and advanced analytics with the ambition to drive innovation in one of the fastest growing FinTech sectors. And we are unstoppable to reach our goals.

              Who Are We Looking For?

              We are looking for a motivated and creative Full Stack Developer to join our team as soon as possible. You are an open-minded, fast learner who likes to work independently.

              Your Role

              • You will be working directly with the founding partners of industry experts with more than 100 years of combined experience across the fields that are at the heart of what we do: capital markets, portfolio management, banking law, software engineering, and machine learning.
              • You are part of the full software development process for various products and are responsible for managing your projects from conception to deployment.
              • You are responsible for database management.
              • You will continuously maintain and upgrade existing software solutions following deployment.
              • You are responsible for creating and maintaining your cloud applications, which use either a server less architecture, or are running on dedicated instances.
              • You are responsible for maintaining front-end and back-end data.

              Your Profile

              • You have experience as a Full Stack Developer or a similar position.
              • You have a Bachelor’s or Master’s degree in the field of Computer Science or similar area.
              • You are an expert in front end technologies.
              • You should have experience working with AWS Lambda, ReactJS, D3, NodeJS, Multi-Model Databases
              • You have an excellent knowledge of development languages (preferably JavaScript or Python)
              • You have experience in working with and developing APIs
              • Excellent writing and communication skills.
              • Excellent English, additional language is a plus.

              What We Offer

              • Flexible working schedule.
              • Professional and experienced team.
              • International environment and network.
              • Central office in the heart of Frankfurt.
              • Direct involvement in the entire trajectory of the firm.
              • The possibility to grow and scale your role along the growth of Exaloan.
              We hire for talent; hence you will be able to develop your role according to your personal goals and position yourself where you can make the biggest impact and contribution.

               

              If you think you are a good fit for our team, send your application now!

              Apply for this role


                Full Name *


                Email *


                Phone number


                .


                What are you interested to contribute to Exaloan? *


                Documents

                * Please submit CV/Resume and Cover letter in English

                Resume/CV *


                Cover letter *


                Other documents


                Linkedin URL


                Twitter URL


                Github URL


                Portfolio URL


                Other website



                Salary expectation


                Additional Information


                .

                .

                Categories
                Uncategorized

                Product Designer

                Product Designer

                Financial Service Technology Company in Frankfurt, Germany 

                Who Are We?

                We are Exaloan, a financial services technology company. We provide institutional investors with cutting-edge tools to invest globally in digital loans. We operate at the intersection of asset management, software development, and advanced analytics with the ambition to drive innovation in one of the fastest growing FinTech sectors. And we are unstoppable to reach our goals.

                Who Are We Looking For?

                We are looking for a motivated and creative Product Designer to join our team as soon as possible. You are an open-minded, fast-learner person who likes to work independently.

                Your Role

                • You will be working directly with the founding partners of industry experts with more than 100 years of combined experience across the fields that are at the heart of what we do: capital markets, portfolio management, banking law, software engineering and machine learning.
                • You are responsible for designing and developing our product.
                • You are responsible for improving the existing product.
                • You will be employing design concepts into functional prototypes.
                • You are responsible for communicating our products’ interfaces.
                • You are responsible for handling user testing and evaluation.
                • You are able to design and maintain our website.

                Your Profile

                • Work experience as a Product Designer or similar role.
                • A bachelor’s or master’s degree in Product Design, Manufacturing Design Engineering or relevant field.
                • Experience with design programs (Photoshop, Figma etc)
                • You are creative, flexible and a fast learner.
                • Excellent English, additional language is a plus.

                What We Offer

                • Flexible working schedule.
                • Professional and experienced team.
                • International environment and network.
                • Central office in the heart of Frankfurt.
                • Direct involvement in the entire trajectory of the firm.
                • The possibility to grow and scale your role along the growth of Exaloan.
                We hire for talent; hence you will be able to develop your role according to your personal goals and position yourself where you can make the biggest impact and contribution.

                 

                If you think you are a good fit for our team, send your application now!

                Apply for this role


                  Full Name *


                  Email *


                  Phone number


                  .


                  What are you interested to contribute to Exaloan? *


                  Documents

                  * Please submit CV/Resume and Cover letter in English

                  Resume/CV *


                  Cover letter *


                  Other documents


                  Linkedin URL


                  Twitter URL


                  Github URL


                  Portfolio URL


                  Other website



                  Salary expectation


                  Additional Information


                  .

                  .

                  Categories
                  Blog

                  Digital Finance: Driving Financial Inclusion in Africa | Part 2

                  Digital Finance: Driving Financial Inclusion in Africa | Part 2

                  In one of our last blogposts, we begin discussing the impact of the global digital lending industry on financial inclusion, based on the example of Africa. In this blog post, we will go more into detail exploring the different variations and business models that fall under the umbrella of Digital Lending.

                  The Digital Lending Landscape | Sub-Saharan Africa 

                  The visualization below shows three main lending models: Bank Originated Digital Lending, Balance Sheet Lending and Peer-to-Peer lending. We will explain these models based on their implementation in Africa and discuss how these models are linked to the development stage of the financial system and its African participants.

                  Source: based on FSI Insights on policy implementation No 27; Regulating fintech financing: digital banks and fintech platforms

                  Bank Originated Digital Lending entails banks partnering up with mobile service providers or startups to deliver their loans through digital channels. These offerings were the first to come to market, piggybacking off newly emerged mobile money systems and making use of established deposit-taking institutions. The first such lending scheme to emerge in Kenya was M-Shwari, a collaboration between the Commercial Bank of Kenya (CBK) and Safaricom, the provider of the M-Pesa mobile wallet. Bank-based digital lending is among the best-regulated form of digital lending in Africa since banks fall under the jurisdiction of local regulators.

                  Other players in the Sub-Saharan Digital Lending Ecosystem are Balance Sheet Lenders. They lend out proprietary funds acquired via capital or debt markets. This sector has grown significantly with notable players such as Branch and Tala, two Silicon Valley affiliated companies operating in Emerging Markets across the globe. Unlike banks these lenders do not take deposits and fall out of most of the traditional regulatory framework. These types of lenders have also been bogged down by controversy connected to the often extremely high interest rates that are not always communicated transparently to the borrowers (the Africa Report, 2021), prompting moves towards more regulatory scrutiny.

                  According to the 2nd Global Alternative Finance Market Benchmarking Report (2021), the global market share of Balance sheet consumer and business Lending in 2020 reached 36% of the estimated alternative finance loan volume, which amounted to more than 40 billion dollars.

                  Lastly the field of Peer-to-Peer Lending grew to become the dominant alternative lending model in Sub-Saharan Africa, reaching a total volume of 769 million in 2021, up by 50% from the previous year. A good example is Nigeria based Kiakia, which offers consumers both loans and investments. This field is however also quite dominant in the agricultural sphere, with offerings such as thriveagric or farmcrowdy allowing investors to finance the seeding stage which will be paid back with the harvest. In Sub-Saharan Africa P2P lending has become the dominant model in the alternative finance market.

                  The advantages of P2P lending are far-reaching: it does not only create more financing opportunities but also gives retail investors a good alternative to established asset classes, which are underdeveloped especially in the African context. It also enables to invest directly into the local economy. Most importantly perhaps, digital lending has proven to reach borrower segments that are excluded by traditional banks.

                   

                  Market Share of Alternative lending products in Sub-Saharan Africa 2020 Source: The 2nd Global Alternative Finance Market Benchmarking Report (2021)

                   

                  The advantages of P2P lending are far-reaching: it does not only create more financing opportunities but also gives retail investors a good alternative to established asset classes, which are underdeveloped especially in the African context. It also enables to invest directly into the local economy. Most importantly perhaps, digital lending has proven to reach borrower segments that are excluded by traditional banks.

                   

                  Banking Status of Borrowers from Digital Lending Platforms across Regions (2020)

                  Source: The 2nd Global Alternative Finance Market Benchmarking Report (2021)

                   

                  Currently relatively unconstrained by regulatory hurdles both balance sheet and peer-to-peer lending have shown double and even triple digit growth over the last few years. There are however still significant hurdles impeding market progress, most importantly a lack of transparency and comparability of the loan originators and the loans themselves. An investor willing to invest a large amount in the sector will invariably run into the problem that it is very difficult to assess the creditworthiness of companies and debtors from the outside. Furthermore, the availability of capital across lenders, but in particular in P2P lending, remains very limited. Nigerian lenders for example are currently only able to fund around 10% of eligible loans due to a lack of available funding. In 2020, the reported institutionalization rate on lending platforms stands at merely 30%. Although this is an increase compared to only 21% in 2019, bringing in cheaper money will likely be essential for sustainable growth.

                   

                  Funding Source in Digital Lending in Sub-Saharan Africa 2020

                  Source: The 2nd Global Alternative Finance Market Benchmarking Report (2021)

                   

                  In conclusion, new business models in digital lending hold great promise, especially in Africa, to improve financial inclusion. There are however still significant hurdles that need to be overcome before its full potential can be fulfilled.

                  At Exaloan we believe in the transformational power of technology to close the global financing gap. By providing a marketplace to connect Lending Platforms with Institutional Investors we aim to accelerate the transformation of the global financial lending markets toward more equitable and fair lending across the world – Including Africa.

                   

                   

                   

                  If you want to find out more about our ecosystem, please reach out to us.

                  We look forward to working with you!

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