Aurora Exchange
closedP2P loan exchange connecting borrowers with investors.
| Date | Investors | Amount | Round |
|---|---|---|---|
€500k | Seed | ||
| Total Funding | 000k | ||
| EUR | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 1900 % | 43 % | 53 % | 221 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (18567 %) | (222 %) | (157 %) | 45 % | 1 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Aurora Exchange Oy operates a peer-to-peer (P2P) loan exchange that connects creditworthy borrowers with investors seeking higher yields with a moderate risk profile. Founded in 2012 and based in Finland, the company positions itself within the fintech industry.
The platform, known as AuroraX, facilitates the lending and borrowing process and features an aftermarket for these loans within the same exchange. The business model is designed to have a simple and transparent cost structure for the loan market. Through partnerships, Aurora Exchange offers services such as complimentary payment protection insurance, PSD2-ready credit rating, and ensures the safekeeping of funds in regulated financial institutions.
Keywords: peer-to-peer lending, P2P loans, investment, credit, fintech, loan exchange, transparent costs, payment protection insurance, PSD2, financial services, Finland, creditworthy borrowers