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Aurora Exchange, Maiden Life, MANGOPAY launch P2P platform for fintech, insurtech

Wednesday 12 October 2016 00:45 CET | News

Aurora Exchange has announced the first P2P lending platform to combine fintech and insurtech, in partnership with Maiden Life and MANGOPAY.

Aurora Exchange has chosen MANGOPAY as its custodian and payments technology provider. MANGOPAY is an e-money issuer, regulated by the CSSF, Luxembourgs financial regulator, with a licence in all EEA countries.

Aurora Exchange opens for transactions in Finland as soon as filings to the Finnish Financial Supervisory are done. This is estimated to happen by end of October 2016. After the launch in the Finnish market, Aurora Exchange expands to multiple European markets.

Aurora Exchange is backed by a group of Finnish investors and the Finnish technology investment fund TEKES, and is inviting investors into Series A funding stage to expand the service for global growth.


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Keywords: Aurora Exchange, Maiden Life, MangoPay, P2P, lending platform, fintech, insurtech, Finland, UK, Sweden, partnership, online payments
Categories: Payments & Commerce
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Countries: World
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