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"Düsseldorf-based consumer loan provider auxmoney has secured another €500 million in debt funding this time via Citi and Natixis. This now brings auxmoney's debt funding to just over €3 billion.\r\nUsing what the company calls a \"unique scoring technology based on digital data\" and advances in AI, auxmoney provides investors with the possibility to invest in truly digital consumer lending.\r\nAuxmoney CFO Daniel Drummer explained the rationale behind the deepening debt funding, “With two renowned…"
<https://tech.eu/2022/08/03/index-ventures-backed-auxmoney-borrows-500-million-to-invest-in-upping-its-consumer-loans-business/>