Patrick Stäuble and other prominent figures from the fintech scene form the new board of the Digital Lending Association

• The members of the Digital Lending Association (DLA) have unanimously elected Patrick Stäuble, founder and CEO of Teylor AG, as a new member of the association's Executive Board.
• Philipp Kriependorf, Co-Founder and Managing Director of auxmoney GmbH, and Marco Hinz, Managing Director of CrossLend GmbH, were unanimously re-elected as Executive Board members.
• In addition, the DLA is taking the next steps towards a uniform seal of quality with the adoption of 4 new industry standards. A total of 9 industry standards are now in force.

Berlin, September 26, 2024 - Philipp Kriependorf, Co-Founder and Managing Director of auxmoney GmbH, and Marco Hinz, Managing Director of CrossLend GmbH, both companies from Germany, were unanimously confirmed in their positions as Executive Board members at the Digital Lending Association's annual General Meeting yesterday evening. Patrick Stäuble, founder and Executive Board member of Teylor AG, based in Zurich, Switzerland, was newly elected to the Executive Board. He replaces Dr. Tim Thabe, co-founder of DLA and Co-CEO of creditshelf AG, who did not run for re-election after his second term of office.

Patrick Stäuble founded Teylor AG in 2018. He began his career in the Swiss military, where he worked as a military observer on foreign deployments. He then studied economics at the university of Zurich and founded and sold his first start-up during his studies. Prior to founding Teylor he worked for several years in the finance and fintech sector in Switzerland and abroad.

Stäuble commented on his election at the General Meeting:

"I am very much looking forward to working with my two fellow board members to help shaping the future direction of the association in a key role. In addition to upholding our industry standards, the further development of the DLA into an even more powerful pan-European interest group with a more influential voice is an important concern for me. After all, digital lenders are playing an increasingly important role in the asset allocation of investors and are an indispensable player in the green and digital transition."

Managing Director Constantin Fabricius commented on the result of the Executive Board elections:

"The association would like to express its deepest gratitude to Dr. Tim Thabe for his commitment as co-founder and Executive Board member of the association. He has always supported the DLA very benevolently, represented it excellently to the public and developed it with many good ideas. With the three-member board team, we now once again have an operationally experienced team at the head of the association with excellent connections in the European fintech ecosystem. I am very much looking forward to working together and exchanging experiences."

Four new industry standards adopted

With the unanimous adoption of the industry standards for Good Conduct, Conflicts of Interest, Anti-Money Laundering and Enterprise Risk Management, the members of the association have taken another step towards a uniform seal of quality. The stated aim is to provide customers, politicians, regulators and the public with reliable guidance. Following the adoption of 9 standards, work has now begun on the last 3 standards. All industry standards can be viewed on the association's website.

About the DLA

The Digital Lending Association is committed to the professional, integer and transparent organization of digital financing and investments as well as compliance with industry standards by all market participants in the interests of borrowers, investors and business partners. Its 32 members comprise fintech lenders, investors and service providers from the European ecosystem.
The association was founded on June 4, 2019 and is headquartered in Berlin, Germany. The DLA has signed up to the "Transparent Civil Society" initiative of Transparency International. All transparency disclosures can be found here. More information about the DLA is available at digitallenders.eu.