Tagged: social bond

February 20, 2023 @ 11:18 pm By Omar Faridi  |  

Following its prior issuances in 2021 and 2022, auxmoney has “placed its third ABS transaction with a record amount of EUR 350 million.” With this transaction, auxmoney has “been re-opening the European market in 2023 with the first consumer ABS deal.” Strong investor demand has… Read More

December 17, 2018 @ 9:15 am By Samantha Hurst  |  

INSIKT (pronounced “in-seekt”), a Lending as a Service (LaaS) company, announced on Monday it has raised $210 million through its social bond securitization program in 2018, which was backed by 174,447 of its responsible, credit-building consumer loans.  According to INSIKT, this has propelled the total securitization volume… Read More

November 8, 2018 @ 7:18 am By Samantha Hurst  |  

INSIKT (pronounced “in-seekt”), a Lending as a Service (LaaS) company, announced on Thursday it has closed a private social impact bond issuance of $26 million as part of its mission to accelerate financial inclusion in America and invest capital into its low-income communities. Insikt reported that… Read More