Tagged: october

Western Union Business Solutions Forms New Partnership With European Online Lender October to Support International Expansion & Cash Flow Optimization

Money transfer service Western Union (NYSE: WU) announced earlier this month that its cross-border payments and foreign exchange risk management division, Western Union Business Solutions, has formed a new partnership with October, European lending platforms for small and medium enterprises (SME) to support international expansion… Read More

European Marketplace Lender October Surpasses €100 Million in Loan Repayment

October, the European lending marketplace formerly known as Lendix, announced on Wednesday it has surpassed €100 million in loan repayment. The online lender reported that since its launch more than €250 million has been lent to European companies and nearly 40% of this amount has already been… 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

European Crowdfunding Network Publishes Open Letter to EU Member States Urging Fully Harmonized EU Crowdfunding Rules [u]

The European Crowdfunding Network (ECN) has just published an Open Letter directed towards EU member states and the ongoing debate regarding pan-European crowdfunding rules. Proposed rules would impact, and perhaps improve, the marketplace for both debt and equity crowdfunding. The ECN believes the European Crowdfunding… Read More

Online Lender October Officially Launches in the Netherlands

Online lender October (formerly Lendix) has launched in the Netherlands. Alongside this expansion, the Paris based October is providing SME financing in France, Spain, and Italy. According to a note from October, SMEs may apply for loans ranging from €30,000 and up to €3.5 million. The marketplace… Read More

October Rallies €255 Billion Worth of Corporate Support to Promote Crowdlending

October (formerly Lendix), the newly rebranded European SME lending marketplace made a splash today with what is probably the most creative promotional campaign in the history of crowdlending. To date, the October platform has facilitated more than €240 million worth of loans to 500 small… Read More

European Marketplace Lender Lendix Changes its Name to October

The news was leaked last week. Now it’s official. From its Paris headquarters, Olivier Goy, founder and CEO, announced that the European lending marketplace formerly known as Lendix is changing its name into October. With this name change the company reasserts its ambition to expand… Read More

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