CG24Personal Loanat a Glance

CG24 is not a bank, but a Swiss marketplace lending platform. Since its founding in 2015 under the name CreditGate24, it has brought borrowers and investors together directly: anyone looking for a loan is reviewed and then proposed to investors for funding. The CreditGate24 consumer credit brand now operates under the holding company CG24 Group AG, headquartered in Zurich.

How does this differ from a classic bank? At CG24, your loan is not funded from the company's own balance sheet, but by private and institutional investors. The company itself describes itself as the largest marketplace lending platform in Switzerland and is regulated by the SRO VQF, not supervised by FINMA.

Alongside personal loans, CG24 also offers SME loans and property financing, and it acquired the invoice financing fintech Advanon in 2020. Over the years since 2015, it has, by its own account, brokered roughly CHF 1 to 1.3 billion in loans.

This is exactly where privatkredit.ch comes in: CG24 is an established but different kind of provider, whose marketplace model is not the obvious choice for every situation. We know the lending criteria of Swiss lenders and direct your request to the provider that fits your situation, instead of you applying individually at multiple places and leaving unnecessary traces in your credit record.