auxmoney

auxmoney
Business Name:
auxmoney
Category:
Business Description:
auxmoney.com is an online peer-to-peer (P2P) marketplace that connects credit-worthy borrowers and savvy investors so that both can benefit financially. The company assesses applicants’ ability to repay personal loans and lets investors lend directly to individuals or create their own portfolios by spreading their money across a number of loans. auxmoney eliminates the high cost and complexity of traditional bank lending by offering a transparent marketplace where its users can directly invest in and borrow from each other. With over 45,000 financed loans, www.auxmoney.com is Germany’s leading online platform for loans from private investors to private borrowers. To date, more than 50,000 investors have invested about €250 million in private loans on auxmoney’s platform to achieve above-average returns compared to other interest-bearing products.
Based in:
Düsseldorf
Tags:
Marketplace, Lending Platform, Investment
Founded:
2007
Website:
http://www.auxmoney.com
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