New Partnership between Art Money and Christie’s allows collectors to bid and pay over time in instalments at auction
Christie’s has partnered with Art Money, an Australian start-up that provides interest-free loans for purchasing art, to introduce a new initiative that enables collectors to bid at Christie’s auctions and pay in instalments through Art Money. This collaboration aims to give collectors the confidence to bid without needing immediate cash. The programme, backed by Christie’s Ventures fund, simplifies the process by allowing pre-approved clients to request credit through Art Money’s quick and easy application process. Successful bidders can upload their invoices from Christie’s and accept Art Money’s offer to pay in instalments, including a flat monthly fee for the luxury of spreading payments over ten months. The initiative will debut at Christie’s prints and multiples auction on April 16th, with plans to expand to other auctions and Art Money’s partner galleries. Art Money’s goal is to support collectors, especially younger and newer ones, by de-risking their entry into the art market through interest-free financing options. The initiative first launched in the US at Expo Chicago in 2016.
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Cillian O’Rourke, studied at the National College of Art and Design in Dublin, Ireland, where he majored in Visual Communication. His work spans graphic design, illustration, and branding, with a distinct minimalist style that emphasizes simplicity and impact. Cillian has collaborated with international brands and runs his own design studio focusing on creative solutions for startups.