auxmoney successfully issues 6th ABS bond
auxmoney, a leading digital-lending platform for consumer credit in Europe, has successfully closed its 6th asset-backed security transaction in the capital markets, known as “Fortuna Consumer Loan ABS 2025-1”.
- auxmoney has achieved another unprecedented milestone by closing its sixth ABS transaction with a volume of €425 million
- Despite a more challenging market sentiment, auxmoney achieved strong investor reception with most tranches being several times oversubscribed
- auxmoney has now placed a total volume of close to €3 billion of asset-backed bonds in the capital markets
Düsseldorf/Dublin, April 10th 2025
auxmoney, a leading digital-lending platform for consumer credit in Europe, has successfully closed its 6th asset-backed security transaction in the capital markets, known as “Fortuna Consumer Loan ABS 2025-1”.
Dr. Daniel Drummer, CFO at auxmoney, states:
“We are proud to have closed yet another landmark ABS transaction, showcasing strong investor confidence irrespective of market sentiment. With now close to €3 billion of assets placed publicly since our capital markets debut in 2021, we continue to lead the way among consumer fintech companies in Europe.”
Through a strongly differentiated risk assessment, auxmoney improves access to affordable credit while reducing the risk and cost of lending. Customers benefit from better rates and transparency.
Boudewijn Dierick, Managing Director at auxmoney Investments, highlights:
“As a well-known repeat issuer, auxmoney is an excellent platform to attract leading investors. We’re thrilled to have placed a new deal only six months after our previous one, including to some new investors.”
Managing Director bei auxmoney Investments
The underlying portfolio of loans includes at least 50% of loans defined as social under the social bond framework of auxmoney which benefits from a Second Party Opinion (SPO) issued by the rating agency Fitch.
The transaction is certified by SVI to meet the requirements for a simple, transparent and standardised securitisation (STS). The securities are listed on the Luxembourg Stock Exchange. The Fortuna transactions have received several awards for excellence and outstanding achievements in European Structured Finance.
About auxmoney
auxmoney is a leading digital-lending platform for consumer credit in Europe. Through unique risk models and truly digital processes, auxmoney improves access to affordable credit while reducing the risk and cost of lending. Customers benefit from better rates and transparency. Many institutional investors such as banks, insurance companies and pension funds value predictable returns achievable on the auxmoney marketplace. auxmoney is on the forefront of promoting and improving financial inclusion.
