4most have a long-standing relationship working with a leading provider of financial services. With a significant proportion of new loan applications referred for manual review and decisioning to an underwriter team, the business had identified that their decision process was slower and more complex than desired.
auxmoney is the largest credit marketplace in continental Europe. On auxmoney, private and institutional investors invest directly in pre-approved borrowers. In the first half of 2018 alone auxmoney had funded more than 33,000 new loans with a total volume of €255 million, representing an increase of about 90% over the previous year.