Baden-Württemberg’s state development bank, L-Bank, takes a successful digitisation step together with CREALOGIX - Seite 2

The rapid implementation of the funding portal project is an important milestone for CREALOGIX in process digitisation for the public sector. Oliver Weber, CEO of CREALOGIX, says: "The involvement of all stakeholders such as applicants, ministries, municipalities or third parties will make our funding portal a low-code industry standard. We’re very much fostering ‘digital Germany’ for the benefit of its citizens."

CREALOGIX has already won nine German development banks for the Development Bank Portal digital hub and is continuously expanding to ensure that further processes and communication channels can be integrated in the future.

Press release (PDF)

About CREALOGIX
The CREALOGIX Group is a Swiss fintech top 100 firm and a global market leader in digital banking. CREALOGIX develops and implements innovative fintech solutions for the financial institutions of tomorrow. With CREALOGIX’s solutions banks, wealth management firms and other financial institutions respond better to evolving customer needs in the area of digital transformation. The Group, founded in 1996, employs around 600 staff worldwide. Shares of the CREALOGIX Group (CLXN) are traded on the SIX Swiss Exchange.

About L-Bank
L-Bank is the development bank for the German state of Baden-Württemberg. As a credit institute, L-Bank is an institution under public law, based in Karlsruhe and in Stuttgart. Its main tasks include supporting small and medium-sized enterprises and start-ups, promoting affordable and climate-friendly housing, helping to develop infrastructure, and supporting families with children (for example through a parental allowance and by providing support for educational measures). Its purpose is to foster a high quality of life and a strong economy in the state of Baden-Württemberg, whereby it is not in competition with banks and savings banks, but rather works with them actively on the development of financing solutions. L-Bank currently employs over 1,400 people, and its balance sheet total in 2021 amounted to around 90 billion euros.