Auxmoney Raises 150M EUR New Funding

Auxmoney lgoGerman p2p lending marketplace Auxmoney* has announced a new funding round of 150M EUR raised from Centerbridge, Foundation Capital and other investors. According to a statement by CEO Raffael Johnen, who did not disclose the valuation of the round, Centerbridge now owns the majority of Auxmoney equity.

Auxmoney was an early innovator in p2p lending and is the only remaining German consumer lending p2p marketplace. Other past players have pivoted to different business models meanwhile.

International P2P Lending Volumes August 2020
International P2P Lending Volumes July 2020