Auxmoney is a leading European digital platform for peer-to-peer loans, enabling private consumers to easily access personal loans directly from private investors. The platform uses an innovative scoring technology to assess the creditworthiness of applicants, bypassing traditional banks. Auxmoney offers both investment and borrowing options, with interest rates determined by the borrower’s risk profile. Since its launch in 2007, over half a million loans have been financed through Auxmoney, illustrating its significant impact on the financial industry by democratizing access to credit.
