Digital lending platform auxmoney Investments is in the market with its inaugural public securitisation – Fortuna Consumer Loan ABS 2021. The transaction, which will be certified as STS by SVI, is backed by a €227.75m portfolio of near-prime consumer loans granted to private individuals in Germany.
The portfolio is concentrated in North Rhine-Westphalia (accounting for 21% of the exposure), Bavaria (15%) and Baden-Wurttemberg (12.5%).
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