CreditGate24 is opening its first branch outside Switzerland in Berlin, seeking to develop the German market for digital financing and investment, the company said in a statement today.

The company, which is based in the Zurich-region, has installed a team in the German capital which will evaluate the requests for loans from private citizens, entrepreneurs and small- and medium-sized companies. CreditGate24 matches requests for loans with offers.

The company was founded in March 2015 and has since arranged more than 1,000 loans with a volume of 55 million Swiss francs. The requests have exceeded 250 million francs.