auxmoney GmbH
Fintech firm founded in 2007 in Düsseldorf, operating a digital consumer credit marketplace in Europe, with AI-based risk assessment and fully automated lending.
auxmoney GmbH is a fintech company founded in 2007 and headquartered in Düsseldorf, Germany. It operates what it describes as the leading digital lending infrastructure for consumer credit in Europe: a marketplace platform that connects private and institutional investors with consumer borrowers. The company positions its credit marketplace as the largest in continental Europe and reports more than 580,000 loans facilitated.
Technology work at the company centres on artificial intelligence, machine learning and risk modelling, data analytics, digital lending automation and peer-to-peer lending platforms. Its AI-based creditworthiness assessment draws on more than 3,000 data points per decision to produce individualised lending decisions. The surrounding lending process is fully digital, delivering credit decisions in seconds and payout readiness within 24 hours.
Products in operation include the auxmoney credit marketplace, the AI-based creditworthiness assessment and the 100% digital lending process. The company's stated areas of activity span fintech, consumer lending, peer-to-peer lending, financial services and alternative lending, with a geographic focus on Europe and Germany.
auxmoney describes a focus on financial inclusion, an emphasis on seamless user experience and a technology-driven, innovation-oriented approach, including ongoing AI transformation and process automation. It frames its business as an alternative to traditional banking in consumer credit.