PostFinance is boosting its mortgage lending: the financial service provider is acquiring a stake in Credit Exchange Ltd (CredEx) and taking a seat on its Board of Directors. The two parties have signed a contract to that effect. This partnership with the leading mortgage marketplace CredEx will enable PostFinance to boost the market position of its mortgages through competitive interest rates. To achieve the best possible synergies, PostFinance is bringing its comparison and sign-up platform Valuu to CredEx. CredEx will pool the brokerage business under the Valuu brand and continue operating the intermediary business.
With a new total of 17 financing partners, PostFinance’s mortgage lending continues to gain in importance. PostFinance already works with Valuu’s “Valuu Pro” mortgage advice tool to provide its customers with financing offers. Now PostFinance’s advisors not only offer products from current partners Valiant and Münchener Hypothekenbank under the name of “PostFinance mortgage”, they also offer products from a current total of 17 refinancing partners thanks to this additional partnership with CredEx. “Customers not only benefit from top-quality advice, but from a wide range of products as well – all in a contract with PostFinance as a reliable bank. This boosts customer retention and customer satisfaction,” says Sandra Lienhart, Chief Business Unit Officer for Retail Banking. “As an independent advisor, PostFinance can offer its customers the best solution, because it does not manage the mortgages on its own balance sheet.” The new service enables PostFinance to increase its mortgage volume, conclude supplementary business and increase profitability.