Peer-to-peer loan marketplace Auxmoney has raised €150 million in a new funding round, the largest for a German fintech so far in 2020. The firm has not ruled out the possibility of acquisitions Uncovered by Handelsblatt, the equity fundraising is led by US-based financial investor Centerbridge. Existing investor Foundation Capital is also involved. Centerbridge now owns the majority of Auxmoney equity. Raffael Johnen, co-founder and managing director, tells Handelsblatt that his firm has taken a hit during the coronavirus crisis, but that the new capital is for “strategic growth” rather than propping up lost business. The co-founder has not ruled…
Credit marketplace Auxmoney picks up €150m in new funding round
Credit marketplace Auxmoney picks up €150m in new funding round
