Led by Frankfurt partner Dr Dietmar Helms and Counsel Anna Rogge, global law firm Hogan Lovells has advised digital consumer lending platform auxmoney on the issue of its third public ABS transaction with a size of EUR 350 million. About 48,000 loans have been securitized with this transaction.

The transaction marks one of the largest social bonds issued by a Fintech company in Europe. Strong investor demand resulted in all placed tranches being significantly oversubscribed.

With its third social bond, auxmoney, a leading digital-lending platform for consumer credits in Europe, continues to promote social and financial inclusion. Through a more differentiated risk assessment, auxmoney enables more people with access to financials means who are underserved by traditional lenders.

Hogan Lovells regularly advises auxmoney in connection with its public and private securitisation transactions.

Hogan Lovells Team for auxmoney

Dr Dietmar Helms (Partner), Anna Rogge (Counsel), Anna Schuljak (Associate) (all Finance, Frankfurt);

Sharon Lewis (Partner), Ailsa Davies (Senior Associate), Joanna Veitch (Associate) (all Finance, Paris);

Julian Craughan (Partner), Peter Mills (Senior Associate) (both Finance, London);

Dr Heiko Gemmel (Partner), Nico Neukam (Counsel) (both Tax, Dusseldorf).