CrossLend is developing a platform to connect institutional sellers (originators) and buyers (investors) of loans on a large scale. Originators are providing historical data that are used to create prediction models. Based on the predictions, investors can run several types of analytics to define their investment criteria. Once an investment is done, the platform will be fed with updates about the loan performance to provide further portfolio analysis. This provides investors with a high level of transparency to prevent crashes like the one that happened in 2008. In an additional step, the purchased loans can be resold on the platform to create a liquid market for loans to enable a better flow of capital between countries in the European Union.
