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Lender of Last Resort

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By Frank Drost

 

Kreditech has a controversial business model. The company’s 29-year-old chief executive Alexander Graubner-Müller spends a good deal of time explaining how the company rates clients and gives them credit.

 

“We are a German technology company which, through its products in different markets – mainly emerging markets – offers lending to private customers,” he says.

 

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