LendPersonal Loanat a Glance

Behind the Lend brand stands Switzerlend AG, headquartered in Zurich, founded in 2015 by UZH graduates Florian Kübler and Michel Lalive. The same company also runs splendit.ch, a platform for education loans. Lend is therefore not an offshoot of a larger bank, but an independent Zurich fintech company.

The business model differs from classic lending banks: Lend does not issue loans from its own funds, but brokers them to a network of private and institutional investors who provide the capital. With the bank removed as an intermediary, this promises lower interest rates for borrowers and a return for investors.

As a consumer credit provider, Lend is subject to the Consumer Credit Act (CCA) and requires the corresponding cantonal authorization, not a FINMA banking license, because Lend is not a bank. Switzerlend AG is additionally affiliated with the self-regulatory organization Polyreg as a financial intermediary, as required by the Anti-Money Laundering Act for such providers.

This is exactly where privatkredit.ch comes in: Lend is an interesting option for certain profiles, but the P2P model does not suit 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 with multiple providers and leaving unnecessary traces in your credit record.