CG24 Group

CG24 Group, launched in March 2015, is a Swiss financing marketplace that connects borrowers with private and institutional investors. It offers personal, real estate, and business loans. The platform provides three investment products:

• Business Credit: Amortization loans, bullet loans, and factoring or working capital financing
• Private Credit: Consumer loans, refinancing, and reverse mortgages
• Real Estate: Mezzanine financing

CG24 Group is regulated by the Self-Regulatory Organization Verein zur Qualitätssicherung von Finanzdienstleistungen in Switzerland.

Investors with a Swiss bank account, excluding United States citizens, can invest on the platform.^[1] Since its launch, CG24 has raised more than CHF 1.16 billion, with an average monthly volume of CHF 5.7 million over the past 12 months. The platform boasts a community of 30,260 users.^[2]

• CG24 Group connects Swiss borrowers with private and institutional investors, offering personal, real estate, and business loans.
• Investments start at CHF 500, with terms of 2–12 months. In the secondary market, durations range from 14–48 months.
• CG24 currently offers interest rates ranging from 6% to 8.89%, with repayment terms varying by investment product: monthly for Private Credit, quarterly for Real Estate Products, and monthly, quarterly, or as bullet loans for Business Loans.
• Investor fees include account, management, 1.3% service fee, and 0.5% secondary market sale fee, with discounts up to 40%.

CG24 Group operates as a platform that connects investors with three types of Swiss borrowers: private individuals, real estate entities, and businesses. Investors can choose from three loan categories, each requiring a minimum investment of CHF 500:

• Private Credit includes consumer loans, refinancing, and reverse mortgages.
• Real Estate loans, which are debt instruments, consist of mezzanine financing.
• Business Credit is structured to include amortization loans, bullet loans, and factoring or working capital financing.

Among active campaigns, investment durations range from 2 to 12 months, while secondary market loans span 14 to 48 months. Investment sizes vary from CHF 16,000 to CHF 500,000. CG24 does not fund default risk but requires borrowers to secure insurance, such as death benefits, Payment Protection Insurance (PPI), or credit default insurance. Investments are structured as notes, spreading default risk across loans of the same rating and type.^[3]

Repayment terms differ depending on the type of investment product:

• Private Credit: Payments are made monthly.^[4]
• Real Estate loans: The platform follows a quarterly schedule.^[5]
• Business Credit: Repayments can be monthly, quarterly, or structured as bullet loans.^[6]

The platform does not offer an auto-invest feature for queuing new investments. CG24 does not deduct taxes on interest earnings. However, investors bear sole responsibility for ensuring compliance with tax filing requirements. A comprehensive tax statement is provided annually.^[7]

CG24 offers interest rates from 6% to 8.89% and has paid out CHF 58.7 million in interest since launch.^[8] The platform reports a 2.9% delay rate for loans overdue 1 to 30 days, and 0.1% for loans overdue 31 to 90 days. No loans have been reported as defaulted, with 97% of loans repaid on time.^[9]

Investor fees include account opening and management, identification, and a service fee of 1.3% per year of the average outstanding investment amount, with potential discounts on the service fee ranging from 5% to 40% based on portfolio value. A 0.5% fee applies to secondary market sales.

Fundraiser fees vary by loan type:

• Private Credit fees include account management, a 2% early repayment fee, up to CHF 150 in admin fees, CHF 300–3,000 in debt collection fees, and up to 1% in repayment plan fees (minimum CHF 50).
• Business Credit has CHF 20 for identification, a 3.5% service fee (minimum CHF 350), a 2% early repayment fee, reminder fees up to CHF 300, and CHF 300–3,000 in debt collection fees.
• Real Estate fees include CHF 20 for identification, a 3% service fee (minimum CHF 500), a 1% annual maintenance fee, up to a 2.5% early repayment fee, CHF 150 in admin fees, reminder fees, and CHF 300–3,000 in debt collection fees.^[10]

Christoph M. Mueller is the Founder and current CEO of CG24 Group. Before establishing CG24, he co-founded both CT Academy AG and Rebolet. CT Academy AG specialized in professional training services, particularly in ICT, while Rebolet focused on sustainable Return Management and Re-commerce in E-commerce. Serving alongside Mueller is Miro Spinnler, who holds the position of CG24's CFO. Spinnler possesses an MSc in Finance and a CFA designation, along with extensive experience in M&A and private banking. Sandra Gonçalves, the internal Quality Assurance Director, contributes over 20 years of banking expertise, with a focus on startups, finance, HR, and compliance. Leading Origination and Investor Solutions Retail is Denisa Ganciu, who brings over five years of credit analysis experience, alongside a background in economics, banking, and finance, as well as advanced education in real estate valuation.

The shareholder structure of CG24 Group has not been disclosed. However, among the key investors are Daniel Gutenberg, a renowned Swiss Angel Investor, Impact51, Swissnex Boston, and Swiss Finance Startups. Previously known as CreditGate24, the platform rebranded to CG24 Group after CreditGate24 acquired Advanon GmbH, another Swiss debt financing platform, in a merger deal in late May 2020.^[11]

CG24 has not disclosed any financial information. The Group’s latest funding was raised on April 1, 2020, through a Venture Series.^[12] Prior to this, CG24 secured two early-stage VC rounds, one in June 2017 totalling $1.53 million, and another in October 2018 amounting to $6.15 million. Additionally, the platform received funding from several accelerator and incubator rounds, the amounts of which remain undisclosed.^[13]

CG24 has garnered recognition and accolades for its contributions to the financial sector. Notable awards include the Banking and Fintech-focused BBVA Open Talent Awards in Zurich in 2018,^[14] the Swiss FinTech Award in 2017, and the Swiss FinTech Award in 2019.^[15]

1. CG24 Group: “Who can invest money with CG24 Group?”
2. P2PMarketdata: “Statistics”
3. CG24 Group: “What advantages does the CG24 Group offer me as an investor?”
4. CG24 Group: “Private Credit - Repayment Terms”
5. CG24 Group: “Real Estate - Mezzanine Loan”
6. CG24 Group: “Business Credit - Repayment Terms”
7. CG24 Group: “Will I receive a tax statement from CG24 Group?”
8. CG24 Group: “Investments - Interest rate”
9. CG24 Group: “Statistics”
10. CG24 Group: “Fee Overview”
11. S&P Global: “Swiss lending platforms CreditGate24, Advanon to merge”
12. Crunchbase: “CG24 Group - Financials”
13. Pitchbook: “CG24 Group Valuation & Funding”
14. Startup Ticker: “CreditGate24 secures support of a major bank for its international expansion”
15. F6S: “CG24 Group AG  investors”

CG24 Group, launched in March 2015, is a Swiss financing marketplace that connects borrowers with private and institutional investors. It offers personal, real estate, and business loans. The platform provides three investment products:

• Business Credit: Amortization loans, bullet loans, and factoring or working capital financing
• Private Credit: Consumer loans, refinancing, and reverse mortgages
• Real Estate: Mezzanine financing

CG24 Group is regulated by the Self-Regulatory Organization Verein zur Qualitätssicherung von Finanzdienstleistungen in Switzerland.

Investors with a Swiss bank account, excluding United States citizens, can invest on the platform.^[1] Since its launch, CG24 has raised more than CHF 1.16 billion, with an average monthly volume of CHF 5.7 million over the past 12 months. The platform boasts a community of 30,260 users.^[2]

• CG24 Group connects Swiss borrowers with private and institutional investors, offering personal, real estate, and business loans.
• Investments start at CHF 500, with terms of 2–12 months. In the secondary market, durations range from 14–48 months.
• CG24 currently offers interest rates ranging from 6% to 8.89%, with repayment terms varying by investment product: monthly for Private Credit, quarterly for Real Estate Products, and monthly, quarterly, or as bullet loans for Business Loans.
• Investor fees include account, management, 1.3% service fee, and 0.5% secondary market sale fee, with discounts up to 40%.

CG24 Group operates as a platform that connects investors with three types of Swiss borrowers: private individuals, real estate entities, and businesses. Investors can choose from three loan categories, each requiring a minimum investment of CHF 500:

• Private Credit includes consumer loans, refinancing, and reverse mortgages.
• Real Estate loans, which are debt instruments, consist of mezzanine financing.
• Business Credit is structured to include amortization loans, bullet loans, and factoring or working capital financing.

Among active campaigns, investment durations range from 2 to 12 months, while secondary market loans span 14 to 48 months. Investment sizes vary from CHF 16,000 to CHF 500,000. CG24 does not fund default risk but requires borrowers to secure insurance, such as death benefits, Payment Protection Insurance (PPI), or credit default insurance. Investments are structured as notes, spreading default risk across loans of the same rating and type.^[3]

Repayment terms differ depending on the type of investment product:

• Private Credit: Payments are made monthly.^[4]
• Real Estate loans: The platform follows a quarterly schedule.^[5]
• Business Credit: Repayments can be monthly, quarterly, or structured as bullet loans.^[6]

The platform does not offer an auto-invest feature for queuing new investments. CG24 does not deduct taxes on interest earnings. However, investors bear sole responsibility for ensuring compliance with tax filing requirements. A comprehensive tax statement is provided annually.^[7]

CG24 offers interest rates from 6% to 8.89% and has paid out CHF 58.7 million in interest since launch.^[8] The platform reports a 2.9% delay rate for loans overdue 1 to 30 days, and 0.1% for loans overdue 31 to 90 days. No loans have been reported as defaulted, with 97% of loans repaid on time.^[9]

Investor fees include account opening and management, identification, and a service fee of 1.3% per year of the average outstanding investment amount, with potential discounts on the service fee ranging from 5% to 40% based on portfolio value. A 0.5% fee applies to secondary market sales.

Fundraiser fees vary by loan type:

• Private Credit fees include account management, a 2% early repayment fee, up to CHF 150 in admin fees, CHF 300–3,000 in debt collection fees, and up to 1% in repayment plan fees (minimum CHF 50).
• Business Credit has CHF 20 for identification, a 3.5% service fee (minimum CHF 350), a 2% early repayment fee, reminder fees up to CHF 300, and CHF 300–3,000 in debt collection fees.
• Real Estate fees include CHF 20 for identification, a 3% service fee (minimum CHF 500), a 1% annual maintenance fee, up to a 2.5% early repayment fee, CHF 150 in admin fees, reminder fees, and CHF 300–3,000 in debt collection fees.^[10]

Christoph M. Mueller is the Founder and current CEO of CG24 Group. Before establishing CG24, he co-founded both CT Academy AG and Rebolet. CT Academy AG specialized in professional training services, particularly in ICT, while Rebolet focused on sustainable Return Management and Re-commerce in E-commerce. Serving alongside Mueller is Miro Spinnler, who holds the position of CG24's CFO. Spinnler possesses an MSc in Finance and a CFA designation, along with extensive experience in M&A and private banking. Sandra Gonçalves, the internal Quality Assurance Director, contributes over 20 years of banking expertise, with a focus on startups, finance, HR, and compliance. Leading Origination and Investor Solutions Retail is Denisa Ganciu, who brings over five years of credit analysis experience, alongside a background in economics, banking, and finance, as well as advanced education in real estate valuation.

The shareholder structure of CG24 Group has not been disclosed. However, among the key investors are Daniel Gutenberg, a renowned Swiss Angel Investor, Impact51, Swissnex Boston, and Swiss Finance Startups. Previously known as CreditGate24, the platform rebranded to CG24 Group after CreditGate24 acquired Advanon GmbH, another Swiss debt financing platform, in a merger deal in late May 2020.^[11]

CG24 has not disclosed any financial information. The Group’s latest funding was raised on April 1, 2020, through a Venture Series.^[12] Prior to this, CG24 secured two early-stage VC rounds, one in June 2017 totalling $1.53 million, and another in October 2018 amounting to $6.15 million. Additionally, the platform received funding from several accelerator and incubator rounds, the amounts of which remain undisclosed.^[13]

CG24 has garnered recognition and accolades for its contributions to the financial sector. Notable awards include the Banking and Fintech-focused BBVA Open Talent Awards in Zurich in 2018,^[14] the Swiss FinTech Award in 2017, and the Swiss FinTech Award in 2019.^[15]

1. CG24 Group: “Who can invest money with CG24 Group?”
2. P2PMarketdata: “Statistics”
3. CG24 Group: “What advantages does the CG24 Group offer me as an investor?”
4. CG24 Group: “Private Credit - Repayment Terms”
5. CG24 Group: “Real Estate - Mezzanine Loan”
6. CG24 Group: “Business Credit - Repayment Terms”
7. CG24 Group: “Will I receive a tax statement from CG24 Group?”
8. CG24 Group: “Investments - Interest rate”
9. CG24 Group: “Statistics”
10. CG24 Group: “Fee Overview”
11. S&P Global: “Swiss lending platforms CreditGate24, Advanon to merge”
12. Crunchbase: “CG24 Group - Financials”
13. Pitchbook: “CG24 Group Valuation & Funding”
14. Startup Ticker: “CreditGate24 secures support of a major bank for its international expansion”
15. F6S: “CG24 Group AG  investors”

CG24 Group, launched in March 2015, is a Swiss financing marketplace that connects borrowers with private and institutional investors. It offers personal, real estate, and business loans. The platform provides three investment products:

• Business Credit: Amortization loans, bullet loans, and factoring or working capital financing
• Private Credit: Consumer loans, refinancing, and reverse mortgages
• Real Estate: Mezzanine financing

CG24 Group is regulated by the Self-Regulatory Organization Verein zur Qualitätssicherung von Finanzdienstleistungen in Switzerland.

Investors with a Swiss bank account, excluding United States citizens, can invest on the platform.^[1] Since its launch, CG24 has raised more than CHF 1.16 billion, with an average monthly volume of CHF 5.7 million over the past 12 months. The platform boasts a community of 30,260 users.^[2]

• CG24 Group connects Swiss borrowers with private and institutional investors, offering personal, real estate, and business loans.
• Investments start at CHF 500, with terms of 2–12 months. In the secondary market, durations range from 14–48 months.
• CG24 currently offers interest rates ranging from 6% to 8.89%, with repayment terms varying by investment product: monthly for Private Credit, quarterly for Real Estate Products, and monthly, quarterly, or as bullet loans for Business Loans.
• Investor fees include account, management, 1.3% service fee, and 0.5% secondary market sale fee, with discounts up to 40%.

CG24 Group operates as a platform that connects investors with three types of Swiss borrowers: private individuals, real estate entities, and businesses. Investors can choose from three loan categories, each requiring a minimum investment of CHF 500:

• Private Credit includes consumer loans, refinancing, and reverse mortgages.
• Real Estate loans, which are debt instruments, consist of mezzanine financing.
• Business Credit is structured to include amortization loans, bullet loans, and factoring or working capital financing.

Among active campaigns, investment durations range from 2 to 12 months, while secondary market loans span 14 to 48 months. Investment sizes vary from CHF 16,000 to CHF 500,000. CG24 does not fund default risk but requires borrowers to secure insurance, such as death benefits, Payment Protection Insurance (PPI), or credit default insurance. Investments are structured as notes, spreading default risk across loans of the same rating and type.^[3]

Repayment terms differ depending on the type of investment product:

• Private Credit: Payments are made monthly.^[4]
• Real Estate loans: The platform follows a quarterly schedule.^[5]
• Business Credit: Repayments can be monthly, quarterly, or structured as bullet loans.^[6]

The platform does not offer an auto-invest feature for queuing new investments. CG24 does not deduct taxes on interest earnings. However, investors bear sole responsibility for ensuring compliance with tax filing requirements. A comprehensive tax statement is provided annually.^[7]

CG24 offers interest rates from 6% to 8.89% and has paid out CHF 58.7 million in interest since launch.^[8] The platform reports a 2.9% delay rate for loans overdue 1 to 30 days, and 0.1% for loans overdue 31 to 90 days. No loans have been reported as defaulted, with 97% of loans repaid on time.^[9]

Investor fees include account opening and management, identification, and a service fee of 1.3% per year of the average outstanding investment amount, with potential discounts on the service fee ranging from 5% to 40% based on portfolio value. A 0.5% fee applies to secondary market sales.

Fundraiser fees vary by loan type:

• Private Credit fees include account management, a 2% early repayment fee, up to CHF 150 in admin fees, CHF 300–3,000 in debt collection fees, and up to 1% in repayment plan fees (minimum CHF 50).
• Business Credit has CHF 20 for identification, a 3.5% service fee (minimum CHF 350), a 2% early repayment fee, reminder fees up to CHF 300, and CHF 300–3,000 in debt collection fees.
• Real Estate fees include CHF 20 for identification, a 3% service fee (minimum CHF 500), a 1% annual maintenance fee, up to a 2.5% early repayment fee, CHF 150 in admin fees, reminder fees, and CHF 300–3,000 in debt collection fees.^[10]

Christoph M. Mueller is the Founder and current CEO of CG24 Group. Before establishing CG24, he co-founded both CT Academy AG and Rebolet. CT Academy AG specialized in professional training services, particularly in ICT, while Rebolet focused on sustainable Return Management and Re-commerce in E-commerce. Serving alongside Mueller is Miro Spinnler, who holds the position of CG24's CFO. Spinnler possesses an MSc in Finance and a CFA designation, along with extensive experience in M&A and private banking. Sandra Gonçalves, the internal Quality Assurance Director, contributes over 20 years of banking expertise, with a focus on startups, finance, HR, and compliance. Leading Origination and Investor Solutions Retail is Denisa Ganciu, who brings over five years of credit analysis experience, alongside a background in economics, banking, and finance, as well as advanced education in real estate valuation.

The shareholder structure of CG24 Group has not been disclosed. However, among the key investors are Daniel Gutenberg, a renowned Swiss Angel Investor, Impact51, Swissnex Boston, and Swiss Finance Startups. Previously known as CreditGate24, the platform rebranded to CG24 Group after CreditGate24 acquired Advanon GmbH, another Swiss debt financing platform, in a merger deal in late May 2020.^[11]

CG24 has not disclosed any financial information. The Group’s latest funding was raised on April 1, 2020, through a Venture Series.^[12] Prior to this, CG24 secured two early-stage VC rounds, one in June 2017 totalling $1.53 million, and another in October 2018 amounting to $6.15 million. Additionally, the platform received funding from several accelerator and incubator rounds, the amounts of which remain undisclosed.^[13]

CG24 has garnered recognition and accolades for its contributions to the financial sector. Notable awards include the Banking and Fintech-focused BBVA Open Talent Awards in Zurich in 2018,^[14] the Swiss FinTech Award in 2017, and the Swiss FinTech Award in 2019.^[15]

1. CG24 Group: “Who can invest money with CG24 Group?”
2. P2PMarketdata: “Statistics”
3. CG24 Group: “What advantages does the CG24 Group offer me as an investor?”
4. CG24 Group: “Private Credit - Repayment Terms”
5. CG24 Group: “Real Estate - Mezzanine Loan”
6. CG24 Group: “Business Credit - Repayment Terms”
7. CG24 Group: “Will I receive a tax statement from CG24 Group?”
8. CG24 Group: “Investments - Interest rate”
9. CG24 Group: “Statistics”
10. CG24 Group: “Fee Overview”
11. S&P Global: “Swiss lending platforms CreditGate24, Advanon to merge”
12. Crunchbase: “CG24 Group - Financials”
13. Pitchbook: “CG24 Group Valuation & Funding”
14. Startup Ticker: “CreditGate24 secures support of a major bank for its international expansion”
15. F6S: “CG24 Group AG  investors”

CG24 Group, launched in March 2015, is a Swiss financing marketplace that connects borrowers with private and institutional investors. It offers personal, real estate, and business loans. The platform provides three investment products:

• Business Credit: Amortization loans, bullet loans, and factoring or working capital financing
• Private Credit: Consumer loans, refinancing, and reverse mortgages
• Real Estate: Mezzanine financing

CG24 Group is regulated by the Self-Regulatory Organization Verein zur Qualitätssicherung von Finanzdienstleistungen in Switzerland.

Investors with a Swiss bank account, excluding United States citizens, can invest on the platform.^[1] Since its launch, CG24 has raised more than CHF 1.16 billion, with an average monthly volume of CHF 5.7 million over the past 12 months. The platform boasts a community of 30,260 users.^[2]

• CG24 Group connects Swiss borrowers with private and institutional investors, offering personal, real estate, and business loans.
• Investments start at CHF 500, with terms of 2–12 months. In the secondary market, durations range from 14–48 months.
• CG24 currently offers interest rates ranging from 6% to 8.89%, with repayment terms varying by investment product: monthly for Private Credit, quarterly for Real Estate Products, and monthly, quarterly, or as bullet loans for Business Loans.
• Investor fees include account, management, 1.3% service fee, and 0.5% secondary market sale fee, with discounts up to 40%.

CG24 Group operates as a platform that connects investors with three types of Swiss borrowers: private individuals, real estate entities, and businesses. Investors can choose from three loan categories, each requiring a minimum investment of CHF 500:

• Private Credit includes consumer loans, refinancing, and reverse mortgages.
• Real Estate loans, which are debt instruments, consist of mezzanine financing.
• Business Credit is structured to include amortization loans, bullet loans, and factoring or working capital financing.

Among active campaigns, investment durations range from 2 to 12 months, while secondary market loans span 14 to 48 months. Investment sizes vary from CHF 16,000 to CHF 500,000. CG24 does not fund default risk but requires borrowers to secure insurance, such as death benefits, Payment Protection Insurance (PPI), or credit default insurance. Investments are structured as notes, spreading default risk across loans of the same rating and type.^[3]

Repayment terms differ depending on the type of investment product:

• Private Credit: Payments are made monthly.^[4]
• Real Estate loans: The platform follows a quarterly schedule.^[5]
• Business Credit: Repayments can be monthly, quarterly, or structured as bullet loans.^[6]

The platform does not offer an auto-invest feature for queuing new investments. CG24 does not deduct taxes on interest earnings. However, investors bear sole responsibility for ensuring compliance with tax filing requirements. A comprehensive tax statement is provided annually.^[7]

CG24 offers interest rates from 6% to 8.89% and has paid out CHF 58.7 million in interest since launch.^[8] The platform reports a 2.9% delay rate for loans overdue 1 to 30 days, and 0.1% for loans overdue 31 to 90 days. No loans have been reported as defaulted, with 97% of loans repaid on time.^[9]

Investor fees include account opening and management, identification, and a service fee of 1.3% per year of the average outstanding investment amount, with potential discounts on the service fee ranging from 5% to 40% based on portfolio value. A 0.5% fee applies to secondary market sales.

Fundraiser fees vary by loan type:

• Private Credit fees include account management, a 2% early repayment fee, up to CHF 150 in admin fees, CHF 300–3,000 in debt collection fees, and up to 1% in repayment plan fees (minimum CHF 50).
• Business Credit has CHF 20 for identification, a 3.5% service fee (minimum CHF 350), a 2% early repayment fee, reminder fees up to CHF 300, and CHF 300–3,000 in debt collection fees.
• Real Estate fees include CHF 20 for identification, a 3% service fee (minimum CHF 500), a 1% annual maintenance fee, up to a 2.5% early repayment fee, CHF 150 in admin fees, reminder fees, and CHF 300–3,000 in debt collection fees.^[10]

Christoph M. Mueller is the Founder and current CEO of CG24 Group. Before establishing CG24, he co-founded both CT Academy AG and Rebolet. CT Academy AG specialized in professional training services, particularly in ICT, while Rebolet focused on sustainable Return Management and Re-commerce in E-commerce. Serving alongside Mueller is Miro Spinnler, who holds the position of CG24's CFO. Spinnler possesses an MSc in Finance and a CFA designation, along with extensive experience in M&A and private banking. Sandra Gonçalves, the internal Quality Assurance Director, contributes over 20 years of banking expertise, with a focus on startups, finance, HR, and compliance. Leading Origination and Investor Solutions Retail is Denisa Ganciu, who brings over five years of credit analysis experience, alongside a background in economics, banking, and finance, as well as advanced education in real estate valuation.

The shareholder structure of CG24 Group has not been disclosed. However, among the key investors are Daniel Gutenberg, a renowned Swiss Angel Investor, Impact51, Swissnex Boston, and Swiss Finance Startups. Previously known as CreditGate24, the platform rebranded to CG24 Group after CreditGate24 acquired Advanon GmbH, another Swiss debt financing platform, in a merger deal in late May 2020.^[11]

CG24 has not disclosed any financial information. The Group’s latest funding was raised on April 1, 2020, through a Venture Series.^[12] Prior to this, CG24 secured two early-stage VC rounds, one in June 2017 totalling $1.53 million, and another in October 2018 amounting to $6.15 million. Additionally, the platform received funding from several accelerator and incubator rounds, the amounts of which remain undisclosed.^[13]

CG24 has garnered recognition and accolades for its contributions to the financial sector. Notable awards include the Banking and Fintech-focused BBVA Open Talent Awards in Zurich in 2018,^[14] the Swiss FinTech Award in 2017, and the Swiss FinTech Award in 2019.^[15]

1. CG24 Group: “Who can invest money with CG24 Group?”
2. P2PMarketdata: “Statistics”
3. CG24 Group: “What advantages does the CG24 Group offer me as an investor?”
4. CG24 Group: “Private Credit - Repayment Terms”
5. CG24 Group: “Real Estate - Mezzanine Loan”
6. CG24 Group: “Business Credit - Repayment Terms”
7. CG24 Group: “Will I receive a tax statement from CG24 Group?”
8. CG24 Group: “Investments - Interest rate”
9. CG24 Group: “Statistics”
10. CG24 Group: “Fee Overview”
11. S&P Global: “Swiss lending platforms CreditGate24, Advanon to merge”
12. Crunchbase: “CG24 Group - Financials”
13. Pitchbook: “CG24 Group Valuation & Funding”
14. Startup Ticker: “CreditGate24 secures support of a major bank for its international expansion”
15. F6S: “CG24 Group AG  investors”

CG24 Group, launched in March 2015, is a Swiss financing marketplace that connects borrowers with private and institutional investors. It offers personal, real estate, and business loans. The platform provides three investment products:

• Business Credit: Amortization loans, bullet loans, and factoring or working capital financing
• Private Credit: Consumer loans, refinancing, and reverse mortgages
• Real Estate: Mezzanine financing

CG24 Group is regulated by the Self-Regulatory Organization Verein zur Qualitätssicherung von Finanzdienstleistungen in Switzerland.

Investors with a Swiss bank account, excluding United States citizens, can invest on the platform.^[1] Since its launch, CG24 has raised more than CHF 1.16 billion, with an average monthly volume of CHF 5.7 million over the past 12 months. The platform boasts a community of 30,260 users.^[2]

• CG24 Group connects Swiss borrowers with private and institutional investors, offering personal, real estate, and business loans.
• Investments start at CHF 500, with terms of 2–12 months. In the secondary market, durations range from 14–48 months.
• CG24 currently offers interest rates ranging from 6% to 8.89%, with repayment terms varying by investment product: monthly for Private Credit, quarterly for Real Estate Products, and monthly, quarterly, or as bullet loans for Business Loans.
• Investor fees include account, management, 1.3% service fee, and 0.5% secondary market sale fee, with discounts up to 40%.

CG24 Group operates as a platform that connects investors with three types of Swiss borrowers: private individuals, real estate entities, and businesses. Investors can choose from three loan categories, each requiring a minimum investment of CHF 500:

• Private Credit includes consumer loans, refinancing, and reverse mortgages.
• Real Estate loans, which are debt instruments, consist of mezzanine financing.
• Business Credit is structured to include amortization loans, bullet loans, and factoring or working capital financing.

Among active campaigns, investment durations range from 2 to 12 months, while secondary market loans span 14 to 48 months. Investment sizes vary from CHF 16,000 to CHF 500,000. CG24 does not fund default risk but requires borrowers to secure insurance, such as death benefits, Payment Protection Insurance (PPI), or credit default insurance. Investments are structured as notes, spreading default risk across loans of the same rating and type.^[3]

Repayment terms differ depending on the type of investment product:

• Private Credit: Payments are made monthly.^[4]
• Real Estate loans: The platform follows a quarterly schedule.^[5]
• Business Credit: Repayments can be monthly, quarterly, or structured as bullet loans.^[6]

The platform does not offer an auto-invest feature for queuing new investments. CG24 does not deduct taxes on interest earnings. However, investors bear sole responsibility for ensuring compliance with tax filing requirements. A comprehensive tax statement is provided annually.^[7]

CG24 offers interest rates from 6% to 8.89% and has paid out CHF 58.7 million in interest since launch.^[8] The platform reports a 2.9% delay rate for loans overdue 1 to 30 days, and 0.1% for loans overdue 31 to 90 days. No loans have been reported as defaulted, with 97% of loans repaid on time.^[9]

Investor fees include account opening and management, identification, and a service fee of 1.3% per year of the average outstanding investment amount, with potential discounts on the service fee ranging from 5% to 40% based on portfolio value. A 0.5% fee applies to secondary market sales.

Fundraiser fees vary by loan type:

• Private Credit fees include account management, a 2% early repayment fee, up to CHF 150 in admin fees, CHF 300–3,000 in debt collection fees, and up to 1% in repayment plan fees (minimum CHF 50).
• Business Credit has CHF 20 for identification, a 3.5% service fee (minimum CHF 350), a 2% early repayment fee, reminder fees up to CHF 300, and CHF 300–3,000 in debt collection fees.
• Real Estate fees include CHF 20 for identification, a 3% service fee (minimum CHF 500), a 1% annual maintenance fee, up to a 2.5% early repayment fee, CHF 150 in admin fees, reminder fees, and CHF 300–3,000 in debt collection fees.^[10]

Christoph M. Mueller is the Founder and current CEO of CG24 Group. Before establishing CG24, he co-founded both CT Academy AG and Rebolet. CT Academy AG specialized in professional training services, particularly in ICT, while Rebolet focused on sustainable Return Management and Re-commerce in E-commerce. Serving alongside Mueller is Miro Spinnler, who holds the position of CG24's CFO. Spinnler possesses an MSc in Finance and a CFA designation, along with extensive experience in M&A and private banking. Sandra Gonçalves, the internal Quality Assurance Director, contributes over 20 years of banking expertise, with a focus on startups, finance, HR, and compliance. Leading Origination and Investor Solutions Retail is Denisa Ganciu, who brings over five years of credit analysis experience, alongside a background in economics, banking, and finance, as well as advanced education in real estate valuation.

The shareholder structure of CG24 Group has not been disclosed. However, among the key investors are Daniel Gutenberg, a renowned Swiss Angel Investor, Impact51, Swissnex Boston, and Swiss Finance Startups. Previously known as CreditGate24, the platform rebranded to CG24 Group after CreditGate24 acquired Advanon GmbH, another Swiss debt financing platform, in a merger deal in late May 2020.^[11]

CG24 has not disclosed any financial information. The Group’s latest funding was raised on April 1, 2020, through a Venture Series.^[12] Prior to this, CG24 secured two early-stage VC rounds, one in June 2017 totalling $1.53 million, and another in October 2018 amounting to $6.15 million. Additionally, the platform received funding from several accelerator and incubator rounds, the amounts of which remain undisclosed.^[13]

CG24 has garnered recognition and accolades for its contributions to the financial sector. Notable awards include the Banking and Fintech-focused BBVA Open Talent Awards in Zurich in 2018,^[14] the Swiss FinTech Award in 2017, and the Swiss FinTech Award in 2019.^[15]

1. CG24 Group: “Who can invest money with CG24 Group?”
2. P2PMarketdata: “Statistics”
3. CG24 Group: “What advantages does the CG24 Group offer me as an investor?”
4. CG24 Group: “Private Credit - Repayment Terms”
5. CG24 Group: “Real Estate - Mezzanine Loan”
6. CG24 Group: “Business Credit - Repayment Terms”
7. CG24 Group: “Will I receive a tax statement from CG24 Group?”
8. CG24 Group: “Investments - Interest rate”
9. CG24 Group: “Statistics”
10. CG24 Group: “Fee Overview”
11. S&P Global: “Swiss lending platforms CreditGate24, Advanon to merge”
12. Crunchbase: “CG24 Group - Financials”
13. Pitchbook: “CG24 Group Valuation & Funding”
14. Startup Ticker: “CreditGate24 secures support of a major bank for its international expansion”
15. F6S: “CG24 Group AG  investors”