ILex Online Loan Market Reports $ 3 Billion In Listed Loans


Holm oak, a multi-trader online lending platform, says it currently has $ 3 billion in assets listed on its platform which includes a network of more than 300 institutional participants. This includes 70 bank and non-bank lenders and an additional network of 235 financial institutions. iLex was officially launched earlier this year.

iLex shares that loans originate from 17 geographies and 18 industries, in primary and secondary markets.

Bertrand billon, CEO and Founder of iLex, commented:

“Today’s announcement marks several important milestones in the 10 months that have passed since our platform went live. In addition to providing our platform to our clients, we have also focused on achieving a critical mass of listed assets and market participants. We hope to build on this strong momentum and see fantastic growth prospects. We are also delighted that several global syndicated loan bookkeepers have joined the iLex group of partner banks to help drive innovation in lending capital markets and support the transformation of this asset class. In the near future, we hope to share some of the new initiatives we are currently working on with our partners in this journey to digitize the business lending market. “

iLex says that in the last quarter it launched its proprietary AI-based matching algorithm that predicts, ranks and connects loan sales and distribution teams. In the next quarter, iLex announces the release of a new version of its platform with the launch of iLex 3.0, which will include several new features such as advanced market visualization, improved demand trade flows, visibility rules, integration with ClearPar for settlement, and S&P Global risk indicator scores for private companies.

iLex states that it currently has a field presence in 5 countries across APAC and Europe and will expand its global presence in the coming months.

iLex was established in 2019 and is based in Singapore.

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