The Swiss Marketplace Lending Association (SMLA) brings together all stakeholders of marketplace lending. The SMLA’s goals are to increase the transparency of the asset class for professional and private investors, to raise awareness for marketplace lending, and to foster the cooperation within the sector. The SMLA promotes high standards of business conduct through its Code of Conduct.
What is Marketplace Lending?
Marketplace lending is defined as debt-based finance via electronic platforms between investors and borrowers. This includes crowdlending, which is the term most commonly used in Switzerland. Marketplace lending can be differentiated between loans for consumers, businesses and property.