PRESS RELEASE : Commerzbank and creditshelf expand strategic cooperation

DGAP-News: creditshelf Aktiengesellschaft / Key word(s): Alliance 
Commerzbank and creditshelf expand strategic cooperation 
2021-03-09 / 07:30 
The issuer is solely responsible for the content of this announcement. 
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Commerzbank and creditshelf expand strategic cooperation 
  . Continuation of successful partnership with Commerzbank's Corporate Clients segment that started in 2019 
  . Expansion to Private and Small-Business Customers segment provides supplementary financing opportunities for SMEs 
    with annual revenues of up to EUR 15 million 
  . With immediate effect, creditshelf clients will also benefit from Commerzbank's product range 
  . In this way, creditshelf and Commerzbank are giving their clients access to innovative, forward-looking finance 
    solutions 
Frankfurt am Main, March 9, 2021 ? creditshelf Aktiengesellschaft and Commerzbank AG are deepening their strategic 
cooperation and expanding it to include Commerzbank's Private and Small-Business Customers segment. 
The partnership between creditshelf and Commerzbank that was launched in 2019 is to be expanded. With immediate effect, 
clients from Commerzbank's Private and Small-Business Customers segment can also use creditshelf's finance solutions. 
The extended cooperation will kick off with a pilot phase in Commerzbank's Southern market region. Commerzbank's 
Private and Small-Business Customers segment serves self-employed businesspeople, professionals and freelances, and 
small SMEs, among others. 
For creditshelf, the cooperation provides access to an important target group - small SMEs. In addition, creditshelf's 
corporate clients will also be able to benefit from Commerzbank's product offering in future. This means that 
creditshelf will be able to cater to their individual requirements to an even greater extent. 
The expansion of the partnership is well-timed given German SMEs' funding situation during the coronavirus crisis. The 
future belongs to a modern, permeable banking ecosystem comprising both banks and complementary product partners. This 
also applies to the important German SME lending business. 
Dr. Daniel Bartsch, one of creditshelf's founding partners and its Management Board member, Markets, commented on this 
important milestone as follows: "I am delighted that Commerzbank sees our solutions as a valuable complementary 
component for their many SME clients. I am convinced that we are only just starting the transition towards a modular, 
digital banking ecosystem. This decision shows that Commerzbank is taking a highly visionary approach in this area." 
Oliver Haibt, Head of Corporate Sales at Commerzbank, added: "creditshelf impressively demonstrated the professionalism 
and efficiency with which it can complement our product range right from the start of our partnership. We are using 
platform solutions in an extremely challenging time and are open to partnerships with fintechs to complement our 
product range and ensure SMEs have the liquidity they need." 
 
Corporate Communications: 
creditshelf Aktiengesellschaft 
Jan Stechele (CPO) 
Birgit Hass (Head of PR) 
Mainzer Landstrasse 33a 
60329 Frankfurt 
Germany 
Tel.: [phone] 
[e-mail] 
www.creditshelf.com 
Investor Relations: 
creditshelf Aktiengesellschaft 
Fabian Brügmann (CFO) 
Maximilian Franz (Investor Relations Manager) 
Mainzer Landstrasse 33a 
60329 Frankfurt 
Germany 
Tel.: [phone] 
[e-mail] 
ir.creditshelf.com 
 
About creditshelf 
creditshelf is the leading credit platform for digital SME finance in Germany. Founded in 2014 and headquartered in 
Frankfurt am Main, the company arranges bank-independent, flexible financing solutions via its constantly growing 
network. creditshelf caters to complementary needs: SME entrepreneurs gain easy access to attractive alternative 
financing solutions, institutional investors can invest directly in German SMEs, and the company's partners can support 
their clients as innovative providers of new credit solutions. creditshelf's business model revolves around its unique, 
data-driven risk analysis and unbureaucratic, fast digital processes. creditshelf covers the entire value chain: Its 
platform is used to select suitable credit projects, analyze potential borrowers' credit quality, perform credit 
scoring, and price risk adequately. The company receives fees from both borrowers and investors for these services. 
creditshelf has been listed on the Frankfurt Stock Exchange's Prime Standard segment since 2018. The experts making up 
its team have many years' experience of SME financing and are trusted partners and visionaries for building tomorrow's 
businesses. 
 
About Commerzbank 
Commerzbank is the leading bank for the German Mittelstand and a strong partner for around 30,000 corporate client 
groups and around 11 million private and small-business customers in Germany. The Bank's two Business Segments - 
Private and Small-Business Customers and Corporate Clients - offer a comprehensive portfolio of financial services. 
Commerzbank transacts approximately 30 per cent of Germany's foreign trade and is present internationally in almost 40 
countries in the corporate clients' business. The Bank focusses on the German Mittelstand, large corporates, and 
institutional clients. As part of its international business, Commerzbank supports clients with German connectivity and 
companies operating in selected future-oriented industries. Following the integration of comdirect, private and 
small-business customers benefit from the services offered by one of Germany's most advanced direct banks combined with 
personal advisory support on site. Its Polish subsidiary mBank S.A. is an innovative digital bank that serves 
approximately 5.7 million private and corporate customers, predominantly in Poland, but also in the Czech Republic and 
Slovakia. In 2020, Commerzbank generated gross revenues of some EUR8.2 billion with almost 48,000 employees. 
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2021-03-09 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      creditshelf Aktiengesellschaft 
              Mainzer Landstrasse 33a 
              60329 Frankfurt/Main 
              Germany 
E-mail:       [e-mail] 
Internet:     www.creditshelf.com 
ISIN:         DE000A2LQUA5 
WKN:          A2LQUA 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1173897 
 
End of News   DGAP News Service 
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1173897 2021-03-09

(END) Dow Jones Newswires

March 09, 2021 01:31 ET (06:31 GMT)