Private Credit
Moving Europe’s Largest Private Debt Market Into the Digital Age
Andreas Petrie’s technology drive is part of an effort to expand so-called Schuldschein lending beyond the German heartland and into global markets.
This article is for subscribers only.
Few people can claim to have created a new debt market. Andreas Petrie is one of them. And more than two decades after his breakthrough deal, he’s once again driving a transformation.
Petrie wants to see Europe’s largest private debt market escape a tangled web of phone calls, emails, and faxes by shifting to digital platforms within five years. The technology drive is also a key part of efforts to expand so-called Schuldschein lending beyond the German heartland and into global markets.