Swiss-based Credit Exchange expands shareholder base with addition of PostFinance, Glarner Kantonalbank

▤ Summary

Zurich-based Credit Exchange (CredEx), an independent B2B marketplace for Swiss mortgages, announced on Wednesday, August 16, that it has gained two new shareholders – PostFinance and Glarner Kantonalbank. In addition to existing shareholders Bank Avera, Mobiliar, Swisscom, and Vaudoise Insurance, the recent duo will also have a seat on the Board of Directors. PostFinance, a sales and processing collaborator with CredEx since the beginning of this year, has solidified its partnership with the Swiss mortgage marketplace company. This collaboration empowers PostFinance to enhance the market presence of its mortgages by offering competitive interest rates.

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