Helvetia Venture Fund backs Baufi24

Helvetia Venture Fund , the VC fund of Swiss insurer Helvetia, announced an investment in Baufi24 .

Founded in 2006, Baufi24 is a property financing search engine that has since turned into an all-around independent property financing broker. For each financing request, Baufi24 compares what around 450 banks, insurance companies and building societies have to offer, with the aim of enabling its customers to obtain rapid loan commitments with minimal bureaucracy.

Baufi24 supplements its digital offering with 60 franchised branches that provide personal advice, both face to face and via video. The B2B company FinLink is also part of the Baufi Group and offers CRM services for marketing property financing via its technology platform.

The funding follows an investment in Taxly , a Swiss company founded in 2019 to offer a tax filling platform intended to simplify the tax return process.

Bottom Line: “Investing in Baufi24 will create interesting exchange possibilities for both parties .”