Interesting move: FinTech Auxmoney invests in loans on its own marketplace

Auxmoney partners with the major French bank BNP Paribas and becomes an investor with 500 million euros on its own credit platform. The FinTech Auxmoney is one of the largest credit marketplaces in Europe. For 13 years in business, the “Makers” have, according to their own statements, paid out loans totaling 700 million euros in […]

Auxmoney is now buying loans on a large scale itself

CFO Daniel Drummer, CEO Raffel Johnen and COO Arie Wilder (from left) In 2019, Auxmoney said it had paid out loans of around 700 million euros. (Photo: Auxmoney) Berlin With institutional help, the credit marketplace Auxmoney wants to ensure that the demand for credit can also be met in the future. “This is a consistent […]