The Zurich-based fintech Loanboox has appointed a new chief executive officer. The new man joins from a French carpool platform.
Loanboox co-founder and CEO Stefan Muehlemann (pictured below) is changing role at the fintech: he is due to take over as chairman of the company, having installed French citizen Philippe Cayrol as his successor as top executive. The company also appointed Alex Lawrence as chief revenue officer.
In a Next Phase of Growth
Loanboox is linking up institutional investors with public corporations looking for project funding and is one of the most successful Swiss fintechs. Having been founded in 2015, the company today is active in six countries. The volume of all loans sought over the digital platform has reached a total of 40 billion Swiss francs ($42 billion).
The next growth phase will now be the task of Cayrol. The former investment banker joins from French unicorn Blablacar, which claims to be the largest digital platform for carpooling. One of Cayrol’s biggest advantages is his experience in the scaling of digital products. Loanboox started looking for a new CEO as early as last summer, according to the company.
Ex-CEO to Keep Tabs on the Management
Lawrence, who also joins the management team, worked for German securities specialist Crosslend. Loanboox has successfully bridged the difficult months of the corona-lockdown, even though CEO Muehlemann himself was infected by the virus. He will remain closely involved in the operative process of the company.
Co-founder Andi Burri will continue his tasks as head of the Swiss business and member of the board. He also will devote time to key accounts, the company said.
