MAZARS advises Partech Ventures in the financing of their growth project regarding auxmoney Group

The Düsseldorf based auxmoney Group is Germany’s leading online marketplace for loans, bringing together investors and loan applicants on its internet plattform. In this context, auxmoney does not act itself as a bank but only provides the crowdlending plattform. Loan applicants are offered an adequate financing interest rate on the basis of a self-developed risk scoring model. If a sufficient number of investors decide to grant a private loan to the applicant, the loan is arranged. Up to now, auxmoney Group has arranged more than 20,000 private loans with a volume of more than 100 millionen euro.

Partech Ventures has joined auxmoney GmbH as additional shareholder in the context of a financing round.

Financial advisor Partech Ventures: MAZARS with Jörg Maas and Hans Lankheit.