Estateguru partners with Raisin Bank in aim to finance 215m EUR of loans in Germany this year 02/03/2022

Berlin, March 2, 2022. Estateguru, the European leader in alternative property lending, and Frankfurt-based Raisin Bank, a Banking-as-a-Service provider wholly owned by the fintech Raisin, have signed a fronting service contract which empowers Raisin Bank to provide services to Estateguru’s German borrowers.

“Germany is the key market for the Estateguru Group in our long-term expansion strategy and the cooperation with Raisin Bank in Germany opens a huge opportunity for us. Now that we have a fronting service partner in place, we are confident that Germany will be our biggest market, even after expanding to the UK, the Netherlands, Italy and France during this and next year”, comments Marek Pärtel, Co-founder and Chairman of Estateguru.

“Germans seem to be passionate about the secured lending product. During campaigns on the Seedrs platform in 2020 and 2021, the biggest number of our equity investors were from Germany, and the German retail investor community was also the fastest growing group long before Germany was in the pipeline. As Germany has the biggest real estate market in Europe, we see plenty of room there for providing flexible alternative financing opportunities to SMEs. We have established a strong local team and an office in Berlin for handling the significant loan volumes that we are aiming to finance together with Raisin Bank. The team will be led by very experienced financing and investment expert Björn Kombächer (pictured above) as our Country Head for Germany. I`m very excited to see what Björn and his team will manage to deliver in terms of our ambitions in Germany,” continued Pärtel

Kombächer, who spent six years at Donner & Reuschel, where he was responsible for the Alternative Asset Team as well as Managing Director for Donner & Reuschel Finanz Service GmbH (real estate broker), before moving on to a position as Head of Investor Relations at Engel & Völkers, is excited about the new challenge.

“I really believe that my long-term experience with institutional clients is a perfect match for Estateguru’s ambitions and roadmap here in Germany. As the biggest funding volumes in the long-term strategy of Estateguru will come from different types of institutional investors (banks, investment funds and family offices), I see that my know-how and network in this field will help to facilitate the growth. I am excited and honoured to join the team and take part in the mission of Estateguru to make real estate financing and investing attainable for anyone, anywhere in the world”, says Kombächer.

Dr. Andreas Wolf, Chief Commercial Officer at Raisin Bank

Dr. Andreas Wolf, Chief Commercial Officer at Raisin Bank, adds: “As an emerging proptech start-up with a strong value proposition, Estateguru is an exciting partner for our Banking-as-a-Service offering at Raisin Bank. Estateguru’s and Raisin Bank’s capabilities complement each other well. We are connected by modern services and technologies that enable us to digitally implement loan appraisal and origination within the shortest possible time. As a fronting bank, we will significantly accelerate Estateguru’s growth in the German market and effectively enable platform-based real estate financing.” 

Press Contacts

Piret Reinson

+372 510 1984

Raisin Bank / Raisin DS GmbH
Mathias Paul
+49 151 703 476 37

About Estateguru

Estateguru is the leading Pan-European marketplace facilitating property-backed loans for SMEs and carefully selected investment opportunities for our global investor base. We are developing a digital and borderless ecosystem for real estate financing and investing in Europe and beyond. By connecting different service providers, SMEs and investors into one single marketplace, we can offer something unique that other financial institutions cannot – the seamless, cross-border and digital service for borrowers and investors. The team consists of 120 professionals from 19 different nationalities based in Helsinki, London, Tallinn (HQ), Riga, Vilnius, Yerevan, Berlin and Amsterdam.

About Raisin Bank

Raisin Bank AG targets Europe’s fast-growing fintech community with a wide range of innovative, tailored and reliable services. Raisin Bank offers expert advice and efficient Banking-as-a-Service solutions, particularly in the processing of loan portfolios and the receivables of selected borrowers. As a fronting and service bank with a full banking license, Raisin Bank supports the implementation of business models that require a banking license. Raisin Bank’s clients include fintechs like Raisin DS, Creditshelf, Exporo and Scalapay, as well as family offices and funds in the areas of loans, deposits, accounts and payment transactions, among others. The bank has been operating under the Raisin Bank AG name since April 2019 and is a wholly owned subsidiary of Raisin DS GmbH.