FinTech Magazine November 2024 | Page 86

FINANCIAL SERVICES AWARD

READ ABOUT THIS AWARD
SHORTLISTED COMPANIES
• auxmoney
• dtcpay
• Moneyhub and Mercer
• SESAMm
• TRACE blockchain by IFAD
HIGHLY COMMENDED
• Moneyhub and Mercer
• SESAMm
READ THE FULL STORY

THE WINNER : AUXMONEY

auxmoney GmbH is at the forefront of digital lending in Europe , specialising in providing loans to consumers typically underserved by traditional banks .
Its platform connects individual borrowers with institutional investors such as banks , insurance companies and funds .
The company has processed over € 100 billion in loans and served more than 250 million customers .
At the heart of its innovation is auxmoney ’ s commitment to financial inclusion , providing access to credit for groups often overlooked by mainstream financial institutions , including the selfemployed , single parents and older borrowers .
A key driver of auxmoney ’ s success is its use of advanced scoring models and AI technologies .
86 November 2024