Centerbridge has led a $178m round as part of a primary and secondary share purchase that will give it a majority stake in the Aegon and Transamerica-backed lending platform.
Auxmoney, a Germany-based peer-to-peer lending marketplace backed by insurance providers Aegon and Transamerica, raised €150m ($178m) in a funding round led by private equity firm Centerbridge on Wednesday.
Venture capital firm Foundation Capital also contributed to the round. Centerbridge has concurrently agreed to acquire a majority stake in Auxmoney through a secondary transaction that will involve all its existing investors retaining shares in the company.
Founded in 2007, Auxmoney operates a peer-to-peer lending marketplace for consumers in addition to an…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
