auxmoney is the largest credit marketplace in continental Europe. With auxmoney, private and institutional investors invest directly in pre-approved borrowers, without the need to go through a bank. The concept for auxmoney came from two friends, Raffael and Philip, who were one day driving through Frankfurt's banking district and as they did, thought to themselves that the huge shiny buildings housing the banks were actually unnecessary: what if they could create a way for borrowers and investors to come together directly? So they did.
Since its establishment, auxmoney has funded more than 250.000 loan requests with a total volume of more than €700 million. Using its unique risk models and expertise in credit rating and underwriting, auxmoney can make more favorable loans available to more people, while enabling investors to benefit from attractive risk-adjusted returns.