Auxmoney in a €150 million investment deal with Centerbridge Partners

Auxmoney, a Düsseldorf, Germany-based operator of a credit marketplace, announced getting into a €150 million investment deal.

The deal involves secondary transactions and capital injection in the company, and was led by American PE firm Centerbridge Partners, which acquired shares from other existing investors.

Previous backers Foundation Capital, Index Ventures and Union Square Ventures will still remain as shareholders.

Later edit (Nov 2020): BNP Paribas also is one of the funding contributors.

Auxmoney, founded in 2007 and led by CEO Raffel Johnen, built and operates a peer-to-peer loan marketplace, which they claim it has become the largest credit marketplace in continental Europe. On Auxmoney, private and institutional investors directly invest in pre-approved borrowers of different score classes.

Recently, auxmoney also started offering loans to small and medium-sized enterprises. Using its unique risk models and expertise in credit rating and underwriting, auxmoney can make more favourable loans available to more people, while enabling investors to benefit from attractive returns.