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Power Law company profile

Auxmoney

Fintech · Düsseldorf, Germany · Founded 2007

Auxmoney.com is a digital lending platform that operates in Germany. The company's primary service is to provide loans to individuals, students, and self-employed people. Unlike traditional banks, Auxmoney uses a more detailed and individualized approach to assess a person's creditworthiness. This approach allows them to serve a wider range of clients, including those who might not typically qualify for loans from traditional banks. The process of applying for a loan with Auxmoney is straightforward and entirely online. Prospective borrowers fill out a few questions, and within seconds, they receive a decision on their loan application. If approved, the loan amount is ready for disbursement within 24 hours. The maximum loan amount that can be requested is 50,000 Euros. The company's business model is based on connecting borrowers with institutional investors and Auxmoney itself, who fund the loans. This model allows Auxmoney to operate with lower overheads than traditional banks, which can translate into more competitive rates for borrowers. In addition to providing loans, Auxmoney also offers financial planning assistance to its clients. They have a customer service team available to answer questions and provide solutions in challenging situations. In summary, Auxmoney is a digital lending platform that uses a unique approach to credit assessment to serve a wide range of clients. They offer a fast, online loan application process and provide ongoing financial planning support to their clients. Keywords: Digital Lending, Online Loans, Financial Planning, Credit Assessment, Fast Loan Approval, Institutional Investors, Competitive Rates, Financial Support, Individualized Approach, German Market.