Auxmoney Was Profitable in 2017

Auxmoney is an online lending platform based in Germany; the platform grew origination volumes by 75% in the year to €316 million across 40,000 loans; the company now has lent around €700 million across 100,000 loans to date; last year auxmoney announced a partnership with digital bank N26 to expand their borrower base; auxmoney was profitable for the first time in the second half of 2017 which sets them apart from many platforms. Source

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