VC Trade prepares platform for syndicated loans

The promissory note platform VC Trade now also wants to digitalise the syndicated loan. The fintech is planning the go-live of the new solution for the second quarter of 2021. And that’s not the only news.

Stefan Fromme CEO vc trade

VC Trade is expanding its focus: the fintech, which initially started as a promissory note platform, wants to expand its offering to syndicated loans soon. “The plan is to go live with the new segment in the second quarter of 2021,” Stefan Fromme, co-founder and CEO of VC Trade, told DerTreasurer. Currently, the technical implementation is in progress. “In the first quarter, we want to start sparring more with various companies and banks and present our solution to them.” Based on this customer feedback, final optimisations will then be made…

You can find the full article published in the Finance Magazine.