Upflow raises $15 million to manage your outstanding invoices – TechCrunch
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Upflow lève 15 millions de dollars pour sa solution de suivi des factures et des paiements
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Upflow Raises $15M in Series A Funding
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Marketplace Lender auxmoney Receives €250 Million From Citigroup and Chenavari Investment Managers
auxmoney, a marketplace lender based in Germany, has received €250 million for loans from
Citigroup and
Chenavari Investment Managers. Chenavari is a credit-focussed asset manager with core expertise in European markets. auxmoney reports that it is now co-investing for the first time alongside partners as part of this transaction. auxmoney is mainly a consumer lender. Since its inception, the platform has originated over 300,000 loans with an average payout of 5%. Individual investors may participate in the offerings for as little as €25.
Raffael Johnen, CEO of auxmoney, says that their investment engine enables them to set up partnerships at scale, further broadening their base of institutional investors.