September 23, 2024
auxmoney successfully issues 5th social ABS bond
auxmoney, a leading digital-lending platform for consumer credit in Europe, has successfully placed its 5th asset-backed security transaction in the capital markets, known as "Fortuna Consumer Loan ABS 2024-2". auxmoney has achieved another unprecedented milestone by placing its fifth ABS transaction For the first time, auxmoney has been able to issue two deals in one [...]
May 17, 2024
auxmoney appoints Raz Schweiger-Shuty as Chief Technology Officer
auxmoney, a leading digital-lending platform for consumer credit in Europe, is strengthening its management team with the appointment of Raz Schweiger-Shuty as Chief Technology Officer. In this newly created position, Schweiger-Shuty will lead and drive the technological vision, strategy and execution for the data and tech teams. This will enable auxmoney to accelerate its journey [...]
January 31, 2024
auxmoney successfully issues record EUR 500 million social bond
auxmoney, a leading digital-lending platform for consumer credit in Europe, has successfully placed its largest-ever asset-backed security transaction in the capital markets, known as "Fortuna Consumer Loan ABS 2024-1". auxmoney has achieved another unprecedented milestone by placing its largest-ever ABS transaction with a record amount of EUR 500 million With this transaction, auxmoney has again [...]
August 24, 2023
auxmoney acquires majority in Dutch credit marketplace Lender & Spender
auxmoney, a leading digital-lending platform for consumer credit in Europe, has successfully completed the acquisition of the majority share in the Dutch consumer credit marketplace Lender & Spender. Following the launch of an integrated partnership in 2022, auxmoney has acquired the majority of shares in Lender & Spender BV Lender & Spender is the leading [...]
April 26, 2023
auxmoney receives “European ESG Securitisation of the Year Award” from Structured Credit Investor
auxmoney, a leading digital-lending platform for consumer loans in Europe, has been awarded with the Structured Credit Investor (SCI) ESG Securitisation of the Year Award for its second social asset-backed security transaction. Out of all public ABS deals in Europe in 2022, auxmoney’s Fortuna 2022-1 transaction has been awarded with the prestigious “ESG Securitisation of [...]
February 17, 2023
auxmoney successfully issues EUR 350 million social bond
auxmoney, a leading digital-lending platform for consumer credit in Europe, has successfully placed its third and largest-ever asset-backed security transaction in the capital markets. With this transaction named "Fortuna Consumer Loan ABS 2023-1", about 48,000 loans have been securitised. Following its prior issuances in 2021 and 2022, auxmoney has placed its third ABS transaction with [...]
August 3, 2022
auxmoney secures EUR 500 million funding to invest in consumer loans
auxmoney, a leading digital-lending platform for consumer credit in Europe, has secured another EUR 500 million to fund the origination of new loans. auxmoney will use this financing provided by Citigroup and Natixis to invest into consumer loans on its own platform. Düsseldorf/Dublin, August 3rd 2022 auxmoney, a leading digital-lending platform for consumer credit in [...]
May 31, 2022
auxmoney successfully issues EUR 225 million social bond
Following its successful debut in 2021, auxmoney has placed its second ABS transaction publicly in the capital market For the first time, auxmoney has issued a bond jointly with an external partner Düsseldorf/Dublin, 31st May 2022 auxmoney, a leading digital-lending platform for consumer credit in Europe, has successfully placed its second asset-backed security transaction in [...]
April 29, 2022
auxmoney receives GlobalCapital European Securitization Award for its debut social bond
Düsseldorf/Dublin, 29th April 2022 auxmoney, a leading digital-lending platform for consumer credit in Europe, has been awarded with the GlobalCapital European Securitization Award 2022 in the category “Most Innovative Securitization Deal of the Year”, for its debut social ABS Fortuna 2021 promoting financial inclusion. With the renowned award GlobalCapital recognises outstanding achievements in European Structured [...]
February 11, 2022
auxmoney appoints Matthias von der Heyde as Chief Growth Officer
auxmoney, a leading digital-lending platform for consumer credit in Europe, has successfully placed its first asset-backed security (ABS) with a volume of EUR 250 million. The transaction is labelled "Fortuna 2021 - STS German Consumer ABS". Proceeds of the issuance are used to finance people who are often inadequately provided with credit by traditional banks. [...]
September 29, 2021
auxmoney successfully closes debut ABS with social bond label for promoting financial inclusion
auxmoney, a leading digital-lending platform for consumer credit in Europe, has successfully placed its first asset-backed security (ABS) with a volume of EUR 250 million. The transaction is labelled "Fortuna 2021 - STS German Consumer ABS". Proceeds of the issuance are used to finance people who are often inadequately provided with credit by traditional banks. [...]
April 8, 2021
auxmoney secures €250 million investment into its loans
New form of partnership with Citigroup and Chenavari facilitates significant investment on the auxmoney credit marketplace For the first time, auxmoney directly co-invests alongside investors as part of this transaction With its new investment engine, auxmoney sets technological standards for investors underscoring the appeal of digital lending as an asset class Düsseldorf, 8th April 2021 [...]
February 22, 2021
auxmoney strengthens capital markets platform with international key hire
auxmoney, the leading digital-lending platform for consumer credit in Europe, has made a key hire to strengthen its capital markets platform. Boudewijn Dierick, most recently Managing Director at the French bank BNP Paribas, joins the fintech as Managing Director of auxmoney Investments, the newly established investment arm of the company, based in Dublin. In this [...]
February 11, 2021
auxmoney attracts top directors
auxmoney, Europe’s leading digital-lending platform for consumer credit, has appointed Carsten Höltkemeyer, the former CEO of Barclaycard Germany, as Executive Chairman of its Board. Carsten Höltkemeyer becomes Executive Chairman of the Board of the auxmoney Group; Denis Hall now heads the Board’s Risk Committee A newly established Strategic Advisory Council (SAC) composed of Payal Jain, [...]
November 10, 2020
auxmoney invests 500 million euros on its own marketplace
Partnership with BNP Paribas facilitates proprietary investment on the auxmoney marketplace New auxmoney investment company acquires marketplace loans with 500 million euros available funding Hybrid model creates full alignment of interests with marketplace investors and underscores the appeal of the asset class Düsseldorf, 10 November 2020 – auxmoney is taking the next big step on [...]
September 2, 2020
150 Million Euro Growth Capital for auxmoney
Largest fintech funding round in the eurozone in 2020, with Centerbridge as new investor Financing enables auxmoney to further expand its strong market position and build out its technology leadership auxmoney well positioned to drive the digitalization and consolidation of the lending sector Düsseldorf, 2 September 2020 – With an equity raise of 150 million [...]