Aura’s Social Impact Bonds: $491 million raised to fund 362,132 loans to working families and counting.

Use your capital to help underserved borrowers from low-income communities establish good credit while earning attractive, short duration returns paid monthly.

Returns

Aura’s social bonds pay 4 to 10% coupons over terms of 8 to 22 months, based on which class you invest in. Investors must be accredited in order to participate.

Tailored to your Risk Appetite

Aura’s social bonds have three investable levels — Class A, B and C — so you can pick the class that best fits your risk appetite for a desired level of return. Class A has the most credit support followed by Classes B and C, which have lower levels of credit support.

Alignment of Interest

Aura underwrites all borrower loans using its proprietary credit scoring and therefore takes a “first loss” position in all social bond offerings. This means Aura does not get a penny until all social bond investors in Classes A, B and C are completely paid-off in full. It also means that Aura’s capital is on the hook as a "safety-net" before any social bond investor. 

Transparency

We believe in transparency and simplicity. All social bond investors should be able to look through a bond into the performance of every individual loan that is backing their bond and get monthly reports on the health of their investment. Aura has created user-friendly dashboards to enable you to easily monitor your investments through our MyCIO / MyCRO tools.

Track Record

Since 2017, Aura has raised $491 million across 18 placements of social bonds in order to fund affordable, credit-building loans to hard-working families. As of today, investors in 7 of the 18 placements have been fully paid off achieving their target returns. The credit performance of the remaining social bond issuances has outperformed expectations. Prior to 2017, Aura tested its credit underwriting and bond issuance capability by raising $102 million across 8 offerings. Investors in 7 of the 8 offerings have been fully paid off achieving their target returns.

Aura Ratings

If you are not a big fan of too much detail, simply check out our proprietary rating system that assesses risk, class by class. Aura’s ratings are transparent, clear, and accurate. They are updated on a monthly cadence to reflect changing conditions. 

Our Investors

We currently have ~100 investors comprised of US and foreign banks, social impact funds, credit funds, asset managers, family offices, and accredited individuals. Our vision is to crowdfund our bonds to thousands of accredited individual investors across the globe who want to help our borrowers establish good credit and achieve their dreams.

Join Us

We’d love for you to join Aura’s family of investors. Please share your information below and a member of Aura’s investment team will be in touch.

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From Borrowers To Social Bonds

Working families apply for loans through our network of 100+ local businesses across ~1,250 locations

Working families apply for loans through our network of 100+ local businesses across ~1,250 locations

Our Risk Gurus use decades of consumer credit expertise in credit scoring to extend loans to approved applicants. Loans are then compiled into one pool as collateral backing each social bond, thereby reducing volatility and creating the three Classes (A, B and C)

Our Risk Gurus use decades of consumer credit expertise in credit scoring to extend loans to approved applicants. Loans are then compiled into one pool as collateral backing each social bond, thereby reducing volatility and creating the three Classes (A, B and C)

Borrower payments are collected daily and sent to a 3rd party bank who then each month (on the 15th) pays investors in social bonds in order of seniority (Class A first, Class B second, Class C third and Aura last)

Borrower payments are collected daily and sent to a 3rd party bank who then each month (on the 15th) pays investors in social bonds in order of seniority (Class A first, Class B second, Class C third and Aura last)

Investors select the Class that best meets their risk/return profile. By keeping the Class R (which absorbs losses first), Aura succeeds only if and after our investors do.

Investors select the Class that best meets their risk/return profile. By keeping the Class R (which absorbs losses first), Aura succeeds only if and after our investors do.

 
 

Higher Yielding Investments
at Shorter Duration

 
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Why to Invest

 
 
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Social Bonds with Solid Economic Returns

Risk-resilient, short duration bonds with higher yield than traditional options.

 
 
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Manage your cashflow

You don’t need to wait until maturity to get your capital back. Receive monthly payments, or reinvest—it’s up to you.

 
 
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We are aligned

Aura retains the riskiest part of our securities, providing a safety net for you.

 
 
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Diversification

Our products are backed by tens of thousands of consumer loans to working families—diversify into an asset class with lower correlation to the broad market.

 
 
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Full transparency and cutting-edge reporting

We give you the best tools so you can keep track of your investments.

 
 
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Proven track record

$593 million of capital raised from ~100 investors over 26 offerings.

 
 
 
 

Join Aura’s Investor Family

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