On September 12th, the doors for a “World of consumer & small business lending opportunities” were opened. Financial experts came together to discuss the influence of alternative platforms on lending business. Therefore, specialists from all over the World focused “operational, regulatory and financial challenges of consumer and small business lenders operating in Europe, US, Asia Pacific, and Latin America”, as Uniglobal summarized.
Among the speakers was Vexcash’s CEO Andre Achtstaetter. With experience in Banking and Finance for more than 20 years, he spoke on the topic of “Going international: New Markets, new Business opportunities.”
During the first session of the forum, Andre Achtstaetter talked about the key steps in building a lending business.
“To grow across borders a company needs to have an end-to-end digital setup
to serve customers lean fast and convenient“, Achtstaetter summarized. This was explained based on the experience he has in the US and in Europe.
Other panels focused the following topics: Business Model Variations, Next Generation Consumer Finance for the CEE Region, Operational Excellence in Short-Term & Online Lending, Cooperation Among Lenders, Banks & Fintech Companies as well as Funding Sources for Alternative Lenders, Customer Acquisition & Retention and Debt Collection & Portfolio Management.