LINUS Digital Finance announces the next personnel and strategic reinforcement in the management team and successfully fills the newly created position of Head of Product & Technology with Martin Cichowski. The experienced FinTech and IT expert will drive the technical development and expansion of LINUS' digital co-investment platform.
Before joining LINUS, Martin Cichowski co-founded a number of start-ups. He held various leadership positions at established FinTechs, such as Smava and Funding Circle, and was Venture Lead at Otto Group Digital Solutions GmbH. He is also a Senior Advisor at fulfin, a leading provider of individual financing solutions for online businesses in Europe. Cichowski holds both a Bachelor's degree in Business Information Systems and an MBA from Hult International Business School in London.
"Martin Cichowski will support us perfectly in the technical optimisation and expansion of our digital platform. He combines extensive practical experience in product conception and management with an impressive track record in founding and scaling FinTechs," says David Neuhoff, founder and CEO of LINUS Digital Finance AG.
LINUS Digital Finance is currently focusing primarily on the further development of the digital platform www.linus-finance.com. The company intends to invest a double-digit million euro amount in the expansion of the platform in the coming years. In total, LINUS plans to raise more than €1 billion from co-investors via the digital platform in the medium term. By the end of 2021, the number of employees is to be significantly expanded in order to handle the growth in terms of personnel as well.
About LINUS Digital Finance:
LINUS Digital Finance finances real estate projects with debt and mezzanine capital through a debt fund that it manages, enabling semi
professional and institutional investors to participate in these investments via a digital platform. The term of the loans is usually between 12 and 36 months. A subsidiary of LINUS Digital Finance AG is supervised by BaFin as a capital management company (KVG). Together with co-investors, the debt fund managed by the KVG has invested a total of around €550 million in capital in real estate projects since its inception, financing a project volume of over €1.5 billion.