Auxmoney

Auxmoney

The largest credit marketplace in continental Europe, where private and institutional investors directly invest in pre-approved borrowers of different score classes. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues28.0m38.1m43.7m22.9m38.3m50.8m53.8m
% growth109 %36 %15 %(48 %)67 %33 %6 %
EBITDA-(6.2m)(19.7m)(24.1m)(12.1m)--
% EBITDA margin-(16 %)(45 %)(105 %)(32 %)--
Profit(2.4m)(4.4m)(15.4m)(18.1m)(12.1m)--
% profit margin(9 %)(11 %)(35 %)(79 %)(32 %)--
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DateInvestorsAmountRound
-

N/A

-

$12.0m

Series A

$16.0m

Series B
*

€150m

Lending Capital

N/A

Late VC
*

N/A

Media For Equity
*

$158m

Lending Capital
*

€15.0m

Series E

N/A

Growth Equity VC

€150m

Valuation: €750m

17.1x EV/LTM Revenues

-38.1x EV/LTM EBITDA

Growth Equity VC

€500m

Lending Capital

€250m

Lending Capital
*

€500m

Lending Capital
*
N/A

€350m

Lending Capital
*
N/A

€500m

Debt
Total Funding€190m

Recent News about Auxmoney

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More about Auxmoney
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Auxmoney.com is a digital lending platform that operates in Germany. The company's primary service is to provide loans to individuals, students, and self-employed people. Unlike traditional banks, Auxmoney uses a more detailed and individualized approach to assess a person's creditworthiness. This approach allows them to serve a wider range of clients, including those who might not typically qualify for loans from traditional banks.

The process of applying for a loan with Auxmoney is straightforward and entirely online. Prospective borrowers fill out a few questions, and within seconds, they receive a decision on their loan application. If approved, the loan amount is ready for disbursement within 24 hours. The maximum loan amount that can be requested is 50,000 Euros.

The company's business model is based on connecting borrowers with institutional investors and Auxmoney itself, who fund the loans. This model allows Auxmoney to operate with lower overheads than traditional banks, which can translate into more competitive rates for borrowers.

In addition to providing loans, Auxmoney also offers financial planning assistance to its clients. They have a customer service team available to answer questions and provide solutions in challenging situations.

In summary, Auxmoney is a digital lending platform that uses a unique approach to credit assessment to serve a wide range of clients. They offer a fast, online loan application process and provide ongoing financial planning support to their clients.

Keywords: Digital Lending, Online Loans, Financial Planning, Credit Assessment, Fast Loan Approval, Institutional Investors, Competitive Rates, Financial Support, Individualized Approach, German Market.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Auxmoney

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Lender & Spender
ACQUISITION by Auxmoney Aug 2023