Philipp Kriependorf, Co-Founder and Managing Director of auxmoney GmbH, and Marco Hinz, Managing Director of CrossLend GmbH, both companies from Germany, were unanimously confirmed in their positions as Executive Board members at the Digital Lending Association’s annual General Meeting today. Patrick Stäuble, founder and Executive Board member of Teylor AG, based in Zurich, Switzerland, was newly elected to the Executive
Board. He replaces Dr. Tim Thabe, co-founder of DLA and Co-CEO of creditshelf AG, who did not run for re-election after his second term of office.
Managing Director Constantin Fabricius commented on the result of the Executive Board elections: „The association would like to express its deepest gratitude to Dr. Tim Thabe for his commitment as co-founder and Executive Board member of the association. He has always supported the DLA very 
benevolently, represented it excellently to the public and developed it with many good ideas. With the three-member board team, we now once again have an operationally experienced team at the head of the association with excellent connections in the European fintech ecosystem. I am very much looking forward to working together and exchanging experiences.“
Four new industry standards adopted
With the unanimous adoption of the industry standards for Good Conduct, Conflicts of Interest, Anti-Money Laundering and Enterprise Risk Management, the members of the association have taken another step towards a uniform seal of quality. The stated aim is to provide customers, politicians, regulators and the public with reliable guidance. Following the adoption of 9 standards, work has now begun on the last 3 standards. All industry standards can be viewed here.
Please find our press release here.