Thetotal market capi­ta­liza­tion is appro­xi­m­ately 106.5 million euros with a free float of more than 20 percent The first day of trading of the secu­ri­ties on the regu­la­ted market (Prime Stan­dard) of the Frank­furt Stock Exch­ange is expec­ted to be July 25.

Foun­ded in 2014, the company brokers loans to small and medium-sized enter­pri­ses on its digi­tal plat­form. Credit­s­hel CEO Tim Thabe says the IPO is inten­ded to fuel the company’s growth. The medium-term goal is a broke­red loan volume of around 500 million euros per year. From the launch of the plat­form in 2015 to the end of March 2018, it was about 58 million euros. — In order for the IPO to succeed, Elgeti had placed a so-called back­stop order for up to 15 million euros through his company Hevella Capi­tal, so that he would not acquire shares subscri­bed by other inte­res­ted parties. This was not taken up.

In terms of going public, the company has a “first mover” effect in seve­ral respects. Credit­s­helf is one of the first repre­sen­ta­ti­ves from the fintech sector to realize an IPO in this coun­try and the first credit inter­me­diary to rely on an Inter­net platform.

Book­run­ner: Commerz­bank AG acts as Sole Global Coor­di­na­tor and Sole Bookrunner

Finan­cial advi­sor: Lazard