German digital lending platform auxmoney bags €500M from Citi, Natixis
Summary
Düsseldorf-based auxmoney, a digital lending platform, announced on Wednesday that it has secured €500M from US banking firm Citigroup and French asset management company Natixis. The company says it will use the funds to invest in consumer loans on its platform. To date, the company has raised $3.64B in funding.
Funding
Amount
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Total raised
Date
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Announcement date
Investors
Citi Ventures
Lead investors
Company
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Funded company
Classifications
industries
Fintech & Banking
applications
ERP & Process Management
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