Digital consumer lender Auxmoney has placed a debut €250m securitisation, made up of 30,000 unsecured consumer loans, with one of the first social bond transactions in Europe.
here’s no shortage of fintech funding in Europe, and Dutch fintech Recharge.com has just bagged a healthy Series B. The online payment platform just closed its $35m funding round, led by new investor SmartFin and existing investors Prime Ventures and Kreos Capital.
Buy now, pay later provider, DivideBuy, has secured a £300 million lending facility. The cash comes from Davidson Kempner Capital Management, a US-based investment manager, and also includes a minority equity investment.