About Credaris

Our Story

Credaris was founded in February 2014 as a sister company of Comparis AG. In close cooperation, an offer was drawn up for loan seekers.

The aim was to build a service that solves three central problems for the customer:

• Intransparency regarding conditions and approval criteria in lending.
• High effort for the customer to obtain several «comparative offers», which can also have a detrimental effect on chances of approval.
• A high rejection rate of around 50% of all loan applications.

Consequently, the loan broker Credaris was established, offering customers a useful service at the interface between borrower and lender.

Growth and establishment in the Swiss loan market

The reach of Comparis in combination with the expertise of Credaris quickly led to initial successes:

Thanks to the trust of the Swiss population in Comparis in combination with a high-quality standard, Credaris was able to establish itself as an important part of Comparis. The good cooperation with the lenders, the extensive experience of the founding team in the private loan sector and a high focus on customer satisfaction led to an average annual growth of 63% between 2014 and 2019. At the end of 2019, 55 employees were already involved in the success of Credaris.

Milestone: 1 billion loan volume brokered

During the coronavirus outbreak, significantly fewer loans were granted in Switzerland. Credaris also succeeded in increasing its market share during this time.

In August 2021, during the normalization of the economic situation after Corona, Credaris was able to broker its billionth loan franc.

Management buyout and new opportunities

Strategic considerations about the future of the company led to the biggest change in the company's history at the end of 2021: on 25 November 2021, Credaris CEO Marc Hallauer announced the sale of Credaris to the previous management. The transaction, supported by Brera Partners, was concluded as of 1 March 2022.

Given the market environment at the time, the separation made sense for both companies, as it enabled and promoted targeted investments in technology and systems within each company's area of specialization.

Strong as a group

As a big first step in independence, Credaris joined forces with the established companies around Milenia founder and CEO Jérémie Monney, as well as Ilhan Akman, since 2006 managing director of Akman Finance (Cashmoney Swiss AG, founded in 1998). After years of cooperation, the three brands formed a new company as of 1 June 2022, about three months after the sale of Credaris.

A year later, in May 2023, the group recorded further growth in French-speaking Switzerland: with Crédits-Conseils under the leadership of Iohan Colarusso, another loan broker with over 20 years of experience joins the group.

Where we want to go ...

In the Swiss private loan sector, three providers control over 90% of the market share. They have a large network of diversified distribution channels, including numerous smaller loan brokers. The size ratios are usually in favour of the established lenders.

The increasing need of customers for digitization as well as challenges in the field of IT and data security require significant investments. Keeping up with these developments is not easy for smaller companies. This pressure has intensified with rising interest rates and consequently falling margins since 2023.

Credaris now processes around one in six personal loans in Switzerland. We would like to use the position we have acquired and our combined experience to professionalise our service and to help shape the Swiss private loan market to be successful in the long term.

Our service

Thanks to years of cooperation with lenders, Credaris knows their approval criteria from experience. With this expertise, Credaris takes over the entire process of testing and processing. Advisory support through to contract completion and beyond.

Only after a detailed examination of the personal situation and needs will we submit an application. In this way, we avoid unnecessary ZEK-entries and achieve high approval rates for our customers.

• Credaris submits your application only after consultation.
• In this way, we achieve an approval rate over 80%. The approval rates for direct applications are around 50%.

Learn more about how Credaris works here.