Tagged: credit.fr

Online Lender October Acquires Credit.fr as Competitors Consolidate

October, a top online lending platform based in France but offering credit around Europe, has acquired marketplace competitor Credit.fr, according to a company statement. Credit.fr was itself acquired by Tikehau Capital in 2017 for €12 million.  The terms of the deal were not disclosed but… Read More

France’s Alternative Finance and Fintech Leaders Take Stock of a Successful 2019

The French community of Fintech startups gathered at the annual dinner of the France Fintech Association to review the achievements of the past year and celebrate the holiday season. Crowdfund Insider took the opportunity to ask leading executives in Fintech and alternative finance to take… Read More

French SME Lending Marketplace Credit.fr Acquires Real Estate Lending Marketplace Homunity

French SME crowdlending platform Credit.fr has announced the acquisition of Homunity, a real estate crowdlending platform. The acquisition is a welcome move in a fragmented marketplace. The acquisition of Homunity, France’s leading independent real estate crowdfunding platform, enables Credit.fr to strengthen its position in the… Read More

In France, SME “Crowdlending” Delivered 18% Growth in 2018

According to a report from Mathieu George of Crowdlending.fr, the SME peer to peer lending market in France delivered decent growth during 2018. Overall, the market grew by 18% led by October – €59.6m (formerly known as Lendix) followed by Credit.fr – € 20.1m  and then… Read More

France: Fintech’s Year 2018 in Review – Maturity, Consolidation and Challenges

Ever since the Brexit, France has aimed to establish itself as the Continental European alternative to the London Fintech hub. The goal is ambitious. France is home to many a worldwide leading financial institution such as global Nr. 1 insurer AXA and Nr 1 non-Chinese… Read More

France’s Alternative Finance Grows by 50% – Equity Crowdfunding Shrinks

The annual Alternative Finance & Crowdfunding Barometer compiled by KPMG for the French Crowdfunding Association (Financement Participatif France, FPF) shows that in 2017 the French Alternative Finance market grew by 50%, driven by SME lending growth, and came close to the billion euro mark, at… Read More

Are French Fintechs Selling Out? Credit.fr acquired by Tikehau Capital

One day after we hear of the acquisition of the KissKissBankBank crowdfunding group by French bank La Banque Postale, crowdlending platform Credit.fr announces its acquisition by Tikehau Capital. These acquisitions seem to confirm the widespread view that Fintechs can’t go it alone. We asked Thomas… Read More

Emmanuel Macron’s Presidency Raises Great Hopes & High Expectations: Taxation Viewed as Major Issue by Crowdfunding Leaders

On Monday, Emmanuel Macron was officially inaugurated as President of France. He is France’s youngest President ever, and the youngest democratically elected head of State worldwide. He is also a known proponent of Fintech and crowdfunding. To give a bit of background to those who… Read More

French Retail Investors Elect Their Favorite SME Lending Marketplaces

In what is probably a worldwide premiere, the French SME lending aggregator site crowdlending.fr organized an online competition enabling retail investors to elect their favorite lending marketplaces. The members of crowdlending.fr’s community of lenders lend on average €4,500 through 3,2 platforms. The 600 voters, who… Read More

French Crowdfunding Leaders Predict Strong Market Growth & Call for Better Investor Tax Incentives in 2017

France is the second largest European crowdfunding market after the UK. We asked the CEOs of France’s leading crowdlending and crowdinvesting platforms to share their hopes, wishes and predictions for the sector in 2017. They expressed their confidence in the sustained growth of their market…. Read More

The Lending Club Predicament & The Lessons Learned

When Lending Club, as the worldwide leader in P2P/marketplace lending and, for that matter, in the entire global crowdfunding market, runs into trouble, it is bound to send ripples way beyond its home market, the United States. And it does. The fast emerging French crowdlending… Read More

What the First Consolidation Among French Lending Marketplaces, Lendix’s Acquisition of Finsquare, Tells Us

Lendix, the lending marketplace that recently become number 1 in SME marketplace lending in France, announced that it has acquired crowdlending platform Finsquare. This first instance of consolidation in the French market certainly is not the last. This acquisition illustrates four trends and issues in… Read More

Crowdfunding Author Marianne IIZUKA Examines French Crowdfunding Industry: ANACOFI and AFIP Member Shares Expertise

In November The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. This is the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe.  This benchmarking… Read More

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