timw, Author at auxmoney Press

17. Feb 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 [...]

03. Aug 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 [...]

29. Apr 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 [...]

11. Feb 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. [...]

29. Sep 2021

auxmoney successfully closes debut ABS with social bond label for promoting financial inclusion

08. Apr 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 [...]

22. Feb 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 [...]

11. Feb 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, [...]

10. Nov 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 [...]

02. Sep 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 [...]