Fintech: Auxmoney prüft nach Rekordergebnis neue Wachstumsoptionen

Fintech company Auxmoney, following a record year, is exploring new growth opportunities. According to unpublicized 2025 financial figures revealed to the trade publication Handelsblatt, the company boosted its profit after special items from 2024 by 30 percent to €50 million. New credit volumes rose 37 percent to €2.4 billion. Auxmoney anticipates a significant profit surge in coming years: it targets a €250 million profit in 2030, even with consistent growth numbers.

CEO Raffael Johnen shared with Handelsblatt that the company's annual growth rate is over 30 percent and that better opportunities lie ahead. Auxmoney, mostly owned by financial investor Centerbridge since September 2020, may now attract new investors. Bloomberg reported early August that Auxmoney is scouting a sale or a stock market listing.

Johnen stated, "When a company develops as rapidly as we do, opportunities naturally arise. We are delighted with the strong interest in our technology in the market." Johnen founded Auxmoney in 2007 with Daniel Drummer, Matthias von der Heyde, and Arie Wilder as a platform for peer-to-peer loans. The company now concentrates on regulated business with installment loans.

Auxmoney gains market share in a business where private investors and direct banks compete. According to ZEB senior manager Julian Zikmund, based on data from the bank association, installment loan business volume in Germany could reach 60-65 billion euros this year. ZEB also estimates the earnings potential in German private banking at 80 billion euros, of which around 12 percent comes from installment loans.

Zikmund emphasizes that installment loans are a highly profitable business for private banks, but are heavily affected by commission costs from intermediaries like Check24 or Smava. Additionally, more loan products are vying for consumers' attention, including credit cards, sales financing at electronics stores, and Buy-Now-Pay-Later options for smaller online shopping amounts.

Johnen stressed, however, that for larger purchases, installment loans remain the preferred method in Germany. They plan to stick to a single product and two countries for now. Auxmoney's rapid growth is due to its 20-year consumer and creditworthiness data, which has allowed them to develop accurate credit risk models. These models make it possible for Auxmoney to profitably offer smaller installment loans of 1000 euros and above.

This gives Auxmoney a competitive advantage, as smaller loan applications are often rejected by traditional banks due to low profitability. The company also heavily relies on automation, with over 90 percent of credits processed completely automatically.