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Insurance Company Aegon to Invest 1.5bn Euros in Auxmoney Loans
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Insurance Company Aegon to Invest 1.5bn Euros in Auxmoney Loans

Insurance Company Aegon to Invest 1.5bn Euros in Auxmoney Loans

Fintech Nexus Staff·
EuropeNews RoundupOnline Lending
·Jan. 27, 2017·1 min read

Aegon has announced it will allocate 1.5 billion euros ($1.6 billion) of its investment portfolio to Auxmoney P2P loans; the platform offers average returns of 5.5%; the investment represents one of the market’s largest institutional endorsements in P2P loans; Aegon is also involved in a 15 million euro ($16.03 million) Series E funding round for Auxmoney.  Source

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