Switzerland’s Valuu, a Digital Mortgage Brokerage Platform Launched by PostFinance, Reviews Vital Improve in Transaction Quantity

Switzerland-based Valuu, a totally digital mortgage brokerage platform launched by PostFinance, has revealed that it managed to triple the overall quantity of mortgages brokered when in comparison with its first yr providing these companies.

Valuu’s administration said that they’re planning to additional broaden their vary of companies to incorporate much more options in 2021.

Valuu affords a Fintech app that lets future or potential householders and people who need to refinance a mortgage discover applicable property financing by way of all-digital platforms.

At first, these companies have been solely provided by way of a cellular app in German, nonetheless, the most recent net model and French model have been launched only a few months later.

Because it started operations again in January 2019, Valuu has reportedly financed tons of of tens of millions of francs value of mortgages with roughly 12,000 customers. The corporate has labored with 29 completely different lenders who signify greater than 100 main Switzerland-based banks, insurance coverage corporations and pension funds.

Thomas Jakob, Head of Valuu, remarked:

“We wished to show that we might carry out nicely on this very aggressive market. By tripling quantity and doubling the variety of customers, we have now carried out even higher. An increasing number of folks perceive the alternatives that the clear comparability and digital conclusion of a mortgage supply, in addition to how a lot cash they will save within the course of. The overwhelming majority of customers can full the digital course of on their very own with none issues. Nonetheless, if somebody would love a extra in-depth session, as a result of it’s their first mortgage for instance, they need to be capable to have one.”

As famous in a current replace from Valuu, in comparison with the primary yr of the agency’s operations, it has tripled its brokered mortgage quantity and presently has round 13,500 lively platform customers. The PostFinance division has “confirmed” that it could have a viable enterprise mannequin in its second monetary yr. The corporate notes that the idea of a digital mortgage platform works nicely and that it has been “very nicely acquired.”

Spar + Leihkasse Riggisberg AG (SLR) is now offering “enticing” mortgages on the Valuu brokerage platform. The SLR was established in 1903 and is described as “a standard and impartial regional financial institution primarily based in Riggisberg within the Canton of Bern.”

As confirmed within the announcement:

“Each day, 18 workers work with nice dedication and progressive concepts for his or her clients. With whole belongings of round CHF 600 million and a really excessive stage of fairness protection, the SLR has glorious substance.”

The replace additionally talked about that extra Swiss individuals are “trusting” Valuu for the “proper” mortgage. The brokerage platform claims that it’s gaining new lenders who supply their mortgages at “high situations” for Valuu clients.