creditshelf strengthens management with new CFO

Frankfurt/Main, November 13, 2018 - creditshelf Aktiengesellschaft, a pioneer in the field of digital SME financing in Germany, has announced that Fabian Brügmann will be appointed the company's Chief Financial Officer (CFO) as of January 15, 2019. This appointment continues creditshelf's planned expansion of its management team. In the newly formed position, Brügmann will be responsible for Finance and Investor Relations and directly report to Dr. Tim Thabe, Chairman of the Management Board. He will not serve as a member of the Management Board himself.

Fabian Brügmann previously worked as Director of Investor Relations at Commerzbank AG, where he was the contact for shareholders, fixed-income investors and sell-side analysts. He joined the bank's Corporate Development and Corporate Finance team in 2012. As IR Manager, Brügmann worked on the capital market communication for the "Commerzbank 4.0" strategy. He previously spent six years with the US bank Goldman Sachs in Frankfurt and London after successfully studying business administration.

creditshelf CEO Dr. Tim Thabe is looking forward to the cooperation: "With Fabian Brügmann, we have gained an experienced specialist with valuable expertise in finance as well as in capital market topics for the newly formed CFO position, who will help to broaden our position in these areas. We are confident that Mr. Brügmann will ideally strengthen our second management level and position us even better for continuing growth."

"creditshelf is an incredibly exciting company, the first German FinTech in the Prime Standard with innovative and digital solutions for SME financing. I am looking forward to continuously foster the lively dialogue with investors and to actively shape creditshelf's financial activities," says Fabian Brügmann. creditshelf Aktiengesellschaft confirmed its transparent communication in July 2018 with its successful IPO in the Prime Standard of Frankfurt Stock Exchange, the stock market segment with the highest transparency standard, and considers itself well positioned to maintain active dialogue with all of the company's target audiences.

 

About creditshelf -

creditshelf is a pioneer in the field of digital SME financing in Germany that enables loans via its easy-to-use online platform creditshelf, which was founded in 2014 and is based in Frankfurt/Main, sees itself as a market and technology leader in the fast-growing business of digital SME financing in Germany. As a provider of SME financing, creditshelf has developed its platform to meet the financing needs of German SME borrowers through loans from investors interested in this asset class. In this process, creditshelf offers to broker unsecured loans and thus enables small and medium-sized companies to access highly attractive financing alternatives. At the same time, creditshelf offers professional investors looking for attractive investment opportunities access to SME financing. The core competencies of creditshelf include the selection of suitable credit projects, analysis of the creditworthiness of potential borrowers and the provision of credit scoring and an indicative coupon margin. creditshelf receives fees for its services from both SME borrowers and investors.

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