aable

Our Mission

A future where everyone can afford to thrive.

aable provides fairly priced loans to people around the world who deserve it the most. Where banking is limited and loan sharks common, we provide a safer way to borrow.


aable

We enable people to invest in a fairer world.


aable is a fintech startup that connects compassionate investors to underbanked people across the world. Through aable, people borrow what they need to thrive, at rates they can repay. And investors make a difference – and earn interest along the way.



1️⃣People invest in aable.
2️⃣aable issues loans to credible borrowers.
3️⃣Borrowers put the loan to work
4️⃣They repay aable, we repay investors.

Repeat, thrive, and repeat. 🔄


Meet the team.


aable is a mission-driven team of investment and impact professionals. Our advisors span the private credit, philanthropic, and legal fields – and the globe. Switzerland is our HQ.

We are a pre-seed venture preparing for launch. And we’re hiring.

🚀 Launch Team

The company is driven by a group of experienced impact-seekers. We have a passion in building networks for impact, leveraging investments, and putting strategic solutions to practice. Our founding launch team combines expertise in credit management and asset allocation, impact investment and development finance, coding and product development, strategic planning and international affairs, as well as regulatory compliance and corporate finance.

🧭 Leadership Council

Serving as the advisory board of the company, the council is composed of distinguished leaders and the brightest minds across multiple sectors who share a commitment to advancing financial inclusion and sustainable development through private sector innovation. As trusted advisors and critical thinkers, Leadership Council members are periodically consulted on key strategic and operational decisions and growth opportunities.

📈 Management Team

Are you passionate about sustainable development and financial inclusion? Are you driven by innovation and inspired by untapped opportunities? Do you have successful experience in business and development, coding and team leadership under your belt? Then we want you at aable!

Check out our current openings!


Because lending isn’t just about money.


Billions of people could afford healthier, more stable lives, if only they had a tool to borrow and repay a fair amount, over a reasonable time.

Our borrowers pursue powerful opportunities. We empower them to weather storms – and afford to thrive.

Because lending is about building a future. For families, communities, and countries.


Unlocking responsible investing across borders.


aable makes it easy to invest in a fairer world. We offer the aable note, a fixed income product that funds our lending across the world. It will be available with varying maturities and to Europe-based investors.

Before aable, few opportunities had been open to ordinary investors. And even fewer targeted the global credit gap.

Let’s change that. So everyone can afford to thrive. 🌱


Debt spirals & poverty traps.


It is rare to have enough cash to pay for life’s expensive milestones – a new child, home, or business.
Billions of people, faced with this reality, have a brutal choice: go without, or borrow at rates they cannot afford.

Where bank loans and credit cards are limited, people may turn wherever they can.
Lenders discriminate, exploit, or simply deny loans. Some trap borrowers in downward debt spirals. And the cycle continues.

But we see a path out of this crisis.


How do we do it?


Investors who care➡️More patient and flexible capital
Holistic data➡️Better assess credit risk
Direct lending platform➡️Reduce overhead costs

Learn more


Curious about aable? Let’s stay in touch.
You’ll be the first to know when we open the doors to investors and launch worldwide.

✏️ Sign up to download our impact vision & strategy presentation.


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Stefan Armonat

Founder

Stefan spent most of his 20+ year career in credit related topics, managing distressed debt for Merrill Lynch, in charge of the European non-performing loan group for Credit Suisse and later transitioning to the asset allocation side, as the managing director of the Kuehne Holding family office, continuing to advise other European family offices on their fixed income allocation.

He studied Finance at Munich University, did his PhD at the Technical University of Darmstadt in illiquid asset modeling and a post grad in Macroeconomics and Monetary Policy at the Kiel Institute for the World Economy.




Katryn Bowe

Director of Impact

Katryn is a New York-based consultant on early-stage initiatives with a social or environmental commitment. She co-founded the tech startup Rabble, which connected Americans to new impact investment opportunities. Prior to Rabble, Katryn directed strategic development at InTrust Global Investments, an advisory firm supporting Mexico’s indigenous areas. She also worked on development finance at the Washington-based Emerging Markets Private Equity Association and at the International Finance Corporation (“IFC”). Prior to 2014, Katryn focused on global water challenges, with time at the policy-think tank CSIS, and the United Nations.

Katryn received an MA from Johns Hopkins SAIS and a BA from University of Pennsylvania.




Sarah Ducellari

Junior Legal Counsel

Sarah is the Directorate Officer at the Austrian Farmer’s Association (Bauernbund). Previously she clerked at the Criminal Court and District Court of Civil Law and worked in several legal departments in the research and development sector. Later, she moved to the public sector and worked for the Federal Ministry of Defence and the Permanent Representation of Austria to the EU in their respective Attache divisions.

She holds a Magister Iuris from the University of Salzburg, a Diploma in International Relations from the Diplomatic Academy of Vienna and is a PhD Candidate at the University of Innsbruck.




Christopher Helf

󠀠Tech Advisor

Christopher is CTO and co-founder of the Vienna-based startup Trality and has an experienced background in a variety of technical areas. He started his career in the area of machine learning working in previous startups and is passionate about building technologically challenging, consumer-facing solutions.

He holds master's degrees from the University of Vienna, the Vienna University of Economics and Business Administration and CEMS.




Sidney Kibet

Project Manager

Sidney is a seasoned dev-ops and system architect with over 9 years of experience working in financial technology. His work focused on functional design, system architecture, developer-operations liaison, UX, UI, and project management.

He is also a qualified coffee cupping expert certified by the Coffee Quality Institute, and founder of a coffee supply chain management platform currently in stealth mode in Nairobi.




Anthony LaCivita

Senior Legal Counsel

Anthony was a Director of Credit Suisse in New York and in London, a Managing Director and General Counsel of GE’s Capital Markets Group, a Managing Director of Patomak Global Partners, a regulatory compliance consulting firm, General Counsel of a finance company, and a Director at Nomura Securities International. Anthony started his career as a corporate finance associate at a major international law firm.

He has a B.A. and a J.D. from the University of Virginia.




Maximilian M. Meduna

Director of Strategy

Max is managing policy projects at the International Centre for Migration Policy Development (ICMPD). Previously, at other international organisations, Max led efforts on strategic planning and impact-focused management as Monitoring and Evaluation Officer, worked on private sector development at the World Bank, peace operations and organised crime at the United Nations, subnational governance at New York University Abu Dhabi, and headed the global trends unit at the International Peace Institute.

He holds master’s degrees from the Johns Hopkins University SAIS, the Diplomatic Academy and the University of Vienna.




Andrea Pfanzelter

Senior Advisor

Andrea has worked in international affairs and conflict resolution for the last twenty-five years. She is currently Senior Advisor to the International Dialogue Centre and board member of the Ban Ki-moon Center for Global Citizens.

Her previous roles in global organizations include the position of Senior Director of the International Peace Institute and, among other board and leadership positions, President of the UN Delegates Association and Vice President of the Women’s International Forum. Andrea lived in Damascus, Dakar, New York, and Vienna.

She is married to Gerhard Pfanzelter, former Permanent Representative of Austria to the United Nations.




Michael Møller

Member of the Leadership Council

Mr Møller has over 40 years of experience in leadership positions in the United Nations. He served as Under-Secretary-General of the United Nations, Director-General of the UN Office at Geneva as well as Secretary-General of the UN Conference on Disarmament and personal representative of the Secretary-General to the conference.

Mr Møller is president of the Diplomatic Forum of the Geneva Science and Diplomacy Anticipator Foundation, principal advisor at Macro Advisory Partners and member of the boards of several foundations, including the Kofi Annan Foundation, where he previously served as Executive Director.




Elhadj As Sy

Member of the Leadership Council

Mr Sy is the former Secretary General of the International Federation of Red Cross and Red Crescent Societies (IFRC). He currently serves as Chair of the Board of the Kofi Annan Foundation and Co-Chair of the Global Preparedness Monitoring Board.

Previously, Mr Sy held leadership positions with UNICEF, the United Nations Development Programme in New York, with the Global Fund to fight AIDS, Tuberculosis and Malaria and with UNAIDS. Before joining the United Nations, Mr Sy served as Director of Health and Development Programmes with Environment and Development Action in the Third World in Dakar, Senegal.




Seán Cleary

Member of the Leadership Council

Mr Cleary is the Founder of the FutureWorld Foundation, Chairman of Strategic Concepts (Pty) Ltd, and a Director of Companies. He served in the South African Navy before a diplomatic career in the Middle East, United States and Namibia. As Chief Director in Namibia, he initiated negotiations between all political parties, the release of political prisoners and adoption of a justiciable Bill of Rights. He was a member of the Facilitating and Preparatory Committees for the National Peace Accord in South Africa and chaired the Working Group on the Code of Conduct for Political Parties.

He is on the Faculty of the Parmenides Foundation and lectures on global corporate strategy, conflict resolution and development. He serves on several advisory councils, including the Club de Madrid, EIT-Climate-KIC, and the Carnegie Artificial Intelligence and Equality Initiative.


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Imprint

By accessing this website and any materials presented herein (the “Site”), you accept in their entirety the following terms and conditions pertaining to the use of the Site. aable AG (“AABLE”) reserves the right to change the terms, conditions and notices under which this Site is offered without notice at any time. Each use of the Site constitutes your agreement to be bound by the then-current terms and conditions set forth in these Terms of Use.

1. Limited License to Use the Site
Except as specifically permitted below, nothing contained in these Terms of Use or the Site itself either grant or will be construed to grant to you or any third party any title or interest in, or any license or right to use or reproduce, any image, text, software, code, trademark, logo or service mark contained in the Site, including without limitation the name or logo of AABLE or any of its affiliates. Any data that you transmit to the Site (including without limitation personally-identifiable information) becomes the property of AABLE and may be used by AABLE for any lawful purpose without restriction, subject to the Data Protection & Privacy Policy which can be accessed here. AABLE reserves, and will enforce to the fullest extent possible, all rights that it may have with respect to copyright and trademark ownership of all material contained in the Site.

AABLE grants you a limited, nonexclusive license to display and otherwise use portions of the Site solely for your own private, non-commercial informational purposes only, and to print pages from the Site only in connection with that use. You may not modify, distribute, transmit, perform, reproduce, publish, license, create derivative works from, transfer or sell any text, graphics, logos and other source-identifying symbols, designs, icons, images, or other information, software or code obtained from the Site.

2. Investment Adviser Disclosure
The purpose of this Site is limited to providing you with general information on our services and philosophy. AABLE does not render or offer to render personalized investment advice or investment management through this Site. AABLE and its affiliates may only transact business or render personalized investment advice or investment management services in those jurisdictions where it holds the appropriate license, is registered to do so or is otherwise excluded or exempted from registration requirements. Any analysis of or reference to potential investment strategies are for illustration purposes only. No information in this website constitutes investment, legal, tax or other advice or any recommendation to buy or sell any particular funds or any other Product (as defined below). No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained in this website by AABLE or any of its members or employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions.

3. No Solicitation or Investment
Advice or Investment Management Services
The material contained on this Site is for informational purposes only and AABLE is not soliciting any action based upon such material. The material is not to be constructed as an offer or a recommendation to buy or sell an interest in any partnership, fund or other product (“Product”) nor is it to be construed as investment advice or investment management. Additionally, the material accessible through this Site does not constitute a representation that any investments described herein are suitable or appropriate for any person. The information contained in this Site has been prepared without reference to any particular user’s investment requirements or financial situation. Certain transactions give rise to substantial risk and are not suitable for all investors. Prior to the execution of any transaction by you involving information you received from this Site, you should consult your business advisor, attorney and tax and accounting advisors with respect to the price, suitability, value, risk or other aspects of any interest in any Product.

4. No Offer of Interests in Products
Under no circumstances should any material at the Site be used or considered as an offer to sell or a solicitation of an offer to buy any interest in any Product (as defined above). Any such offer, recommendation or solicitation can and will be made only by means of a Confidential Private Offering Memorandum with respect to any Product, only in jurisdictions in which such an offer would be lawful and only to persons who have the required investor status in respect of each such private equity fund, including qualifying as “accredited investors” within the meaning of the U.S. Securities Act of 1933, as amended, or as “professional investor” within the meaning of the Directive 2011/61/EU on Alternative Investment Fund Managers, or as “qualified investor” within the meaning of article 10 paragraph 3, 3bis, 3ter and 4 of the Swiss Collective Investment Schemes Act (“CISA”), as amended. Access to information about any Product is similarly limited to persons who have the required investor status. It is not directed at or intended for retail clients and should not be relied upon by such.

5. Special Provisions for European Users
By providing AABLE with data: (i) you acknowledge and agree that due to the international operations of AABLE and its affiliates, AABLE may provide personal information, in accordance with its Data Protection & Privacy Policy which can be accessed here, to AABLE’s affiliates that may be outside your resident jurisdiction, and that such data may be stored on servers located in other jurisdictions; and (ii) you consent to the transfer of such data outside of the European Union as described in the Data Protection & Privacy Policy. If you do not consent to the terms of the Data Protection & Privacy Policy, please do not use the Site, and, if you have provided personally identifiable data, please contact AABLE about how you would like AABLE to handle such data.

6. No Reliance and Liability
While AABLE uses reasonable efforts to update the information contained in the Site, AABLE makes no representations or warranties as to the accuracy, reliability or completeness of any information at the Site. Any content of the Site is subject to change without notice. AABLE, its affiliates and the officers, directors, employees, shareholders or agents thereof exclude all liability and responsibility for any amount or kind of loss or damage that may result to you or a third party (including without limitation any direct, indirect, punitive or consequential loss or damages, or any loss of income, profits, goodwill, data, contracts, use of money, or loss or damages arising from or connected in any way to business interruption, and whether in tort (including without limitation negligence), contract or otherwise) in connection with this website in any way or in connection with the use, inability to use or the results of use of this website, any websites linked to this website or the material on such websites, including but not limited to loss or damage due to viruses that may infect your computer equipment, software, data or other property on account of your access to, use of, or browsing this website or your downloading of any material from this website or any websites linked to this website.

7. Materials to be Consulted in their Entirety
All materials at the Site are meant to be reviewed in their entirety, including any footnotes, legal disclaimers, restrictions or disclosures, and any copyright or proprietary notices. Any disclaimers, restrictions or disclosures apply to any partial document or material in the same manner as they do to the whole, and will be deemed incorporated in the portion of any material or document that you consult or download.

8. Links to Third Party Websites
AABLE has not reviewed any of the websites that may be linked to the Site, and is not responsible for their content. AABLE is not responsible for the privacy practices of such other websites. Your linking to or use of any off-Site pages or other websites is at your own risk. AABLE’s inclusion of links to other websites does not imply any endorsement of the material located on or linked to by such websites and is for convenience only.

9. Legal information
aable AG
Pilatusstrasse 1
6370 Zug
Switzerland
Tel: +41 41 545 9420
Email: [email protected]

10. Copyright
All material on this site is copyrighted by AABLE. All rights reserved. Other than as necessary for the purpose of viewing the site in the course of a business it is strictly forbidden to copy any material on this site for commercial use or to republish any or all of the contents of this site on a proxy server, cache or other similar form of storage.

11. Local Restrictions
There are legal requirements in various countries and jurisdictions which may restrict the information which AABLE can lawfully provide the user. Persons into whose possession the information in this Website comes should inform themselves about and observe any restrictions imposed in the jurisdiction in which the Website is accessed.

Privacy Policy

aable AG (“AABLE”) collects personal data about you. AABLE as the controller processes your personal data in compliance with the provisions under the Swiss Data Protection Act ("DPA") and the General Data Protection Regulation ("GDPR"), as amended from time to time (collectively "Regulation"). This Data Protection & Privacy Policy ("Policy") explains how we use any personal data we collect about you.

1. What Personal Data do we collect?
"Personal Data" is any information relating to you or that we can otherwise link to you. The Personal Data we collect include your name, postal address, e-mail address, phone and fax number, company name, company structure, job title and business affiliations.

2. How do we collect your Personal Data?
We collect personal data that you voluntarily provide to us, for example when (i) you communicate with us via e-mail or other channels, (ii) when you sign up for or ask us to send you information about or issued by AABLE and/or (iii) when you sign up for an event. In some cases your Personal Data has been supplemented by information retrieved from other sources, including searches via publically available search engines, sector-specific newsletters, social media and your employer’s website, for the purpose of confirming your current professional position.

3. How do we use your Personal Data?
We use the Personal Data we collect for communication purposes, including: (i) to send you information about or issued by AABLE; (ii) to send you invitations to events and conferences; and (iii) to maintain our list of contacts. We do not make your Personal Data available to any third party.

4. Why do we process your Personal Data and on what legal basis?
As set out above we process your Personal Data for communication purposes. We rely on our legitimate interests in maintaining business relationships and communicating with you as a business contact, about AABLE's activities and events. We consider that our legitimate interests are in compliance with the Regulation and your legal rights and freedoms.

5. Where is your Personal Data stored?
AABLE is a Swiss company and all your Personal Data, AABLE received, is processed and stored on servers in Switzerland.

6. With whom do we share your personal data?
In the context of the purposes mentioned above, we may share your personal data with third parties, such as parties that provides CRM services for AABLE.

We will ensure that, where relevant, contractual safeguards are implemented to ensure the protection of your Personal Data when disclosing your Personal Data to a third party. For example, we will enter into data processing agreements with relevant parties (providing for restrictions on the use of your Personal Data and obligations with respect to the protection and security of your Personal Data).

As a general rule, we do not share your Personal Data as set out above with other parties located in countries outside Switzerland and the European Union, which countries may offer a lower level of data protection. This may, however, be different in the event that there is a legitimate reason for providing data to parties located in such country.

In such case, it shall be ensured that adequate measures are taken to ensure adequate protection of your Personal Data in accordance with applicable data protection legislation. Generally, we will enter into the standard contractual clauses with the recipient of your Personal Data.

7. How long do we keep your Personal Data?
Your Personal Data will be saved for the specified purposes mentioned above for as long as you are a business contact to us. Your personal data will be deleted when it is no longer reasonably required for the specified purposes mentioned above or you withdraw your consent (where applicable) and we are not legally required or otherwise permitted to continue storing such data. You can unsubscribe at any time, if you no longer wish to receive communications and invitations from AABLE. If you choose to unsubscribe, we will cease to send you such communication and invitations as mentioned above.

8. Data Security
AABLE has implemented appropriate technical and organisational security measures to help protect your Personal Data against loss and to safeguard against access by unauthorised persons.

9. Your Rights
You have the right to know what Personal Data we process about you and may request a copy. You are also entitled to have incorrect Personal Data about you corrected and you may in some cases ask us to delete your Personal Data. You can also object to certain Personal Data about you being processed and request that processing of your Personal Data be limited. Please note that the limitation or deletion of your Personal Data may mean we will be unable to provide the communications and invitations described above. You also have the right to receive your Personal Data in a machine-readable format and have the data transferred to another party responsible for data processing. If you disagree with how we process your Personal Data, you are also entitled to report this to the Swiss Federal Data Protection and Information Commissioner (FDPIC) and/or to other the competent supervisory authorities in the European Union.

10. Updates to this Data Protection & Privacy Policy
This Data Protection & Privacy Policy was last updated in December 2018. We reserve the right to update and change this Policy from time to time in order to reflect any changes to the way in which we process your personal data or changing legal requirements. In case of any such changes, we will post the changed Data Protection & Privacy Policy on our website or publish it otherwise. The changes will take effect as soon as they are posted on this website.

How to contact us
If you have any questions about how we process your Personal Data, please feel free to contact us here.