The Digital Lending Association (DLA) says it has elected Patrick Stäuble, founder and CEO of Teylor AG, to its board of directors. Simultaneously, Philipp Kriependorf, co-founder and Managing Director of auxmoney GmbH, and Marco Hinz, Managing Director of CrossLend GmbH, were unanimously re-elected.
Tthe DLA also reported the adoption of 4 new industry standards. Now, there is a total of 9 industry standards to which members must adhere.
Stäuble said he looks forward to helping shape the association’s future direction in a key role.
“In addition to upholding our industry standards, the further development of the DLA into an even more powerful pan-European interest group with a more influential voice is an important concern for me. After all, digital lenders are playing an increasingly important role in the asset allocation of investors and are an indispensable player in the green and digital transition.”
Managing Director Constantin Fabricius said they have an operationally experienced team at the head of the association with excellent connections in the European Fintech ecosystem.
The Four new industry standards adopted by the DLA include standards for Good Conduct, Conflicts of Interest, anti-money laundering, and Enterprise Risk Management. The members of the association state that they have taken another step towards a uniform seal of quality.
The DLA aim is to provide customers, politicians, regulators and the public with reliable guidance
