October (Lendix) secures €32 million from Idinvest Partners, Allianz France and CIR S.p.A.
04 June 2018
October (Lendix), a Paris, France-based operator of an online marketplace of SMEs financial loans, announced that it raised a €32 million ($37M) funding round for its European development.
The money was raised from investors including Idinvest Partners, Allianz France and CIR S.p.A, as well as all of the existing investors Partech, CNP Assurances, Decaux Frères Investissements and Matmut. The new investors will join the Lendix Supervisory Board.
Proceeds will be used to fuel the company's expansion ambitions across the European market.
October, founded in 2014 and led by CEO Olivier Goy, built and operates an online marketplace for financial lending that lets private investors finance enterprises of all sizes with fully disclosed terms and assisted by institutional lenders who automatically complete the part not covered by individuals.
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