Lendix, the SME lending platform, raises €28 million in funding

The start-up led by Olivier Goy raises 3.2 million and secures a 25 million loan commitment for SMEs on its platform.

A new announcement in the sector of French platforms of loans to SMEs, decidedly in turmoil. Lendix, headed by Olivier Goy, the founder of 123 Venture, has just completed a new round of funding, just four months after a first round of funding of €8 million. Decaux Frères Investissements, Banque Wormser Frères, Sycomore and two international family offices are investing in the start-up alongside its historical investors, Partech Ventures, Weber Investissements, Marc Menasé and the managers of 123 Venture. They are investing €3.2 million in capital and are also committed to lending €25 million to projects proposed on the platform.

Objective: 200 loans to SMEs in 2015

Launched at the end of last year, Lendix granted its first loan two weeks ago to the Alain Ducasse Entreprise group. In 2015, Lendix aims to finance more than 200 loans for SMEs, and hopes to eventually bring several hundred million euros in savings to SMEs each year.On the occasion of this second round of financing, Gérard Degonse (Chairman of the Supervisory Board of JCDecaux and Director of Decaux Frères Investissements) and Pascal Oddo join the Lendix Supervisory Board. They join Philippe Citerne (director of Accor and Edenred), Christian Gueugnier (Weber Investissements), Philippe Collombel (Partech Ventures) and Xavier Anthonioz (123Venture).

The sector attracts VCs and big players in banking and insurance

This fundraising and promise of loans on the platform marks once again the interest of VCs for this type of platform: Credit.fr raised €3 million from Truffle Capital in January, Unilend raised €1 million in March 2014 and then €8 million a year later, Finsquare announced in February the entry into its capital of H20 Participations and the creation ofa fund of €150 million to lend on its platform … The number of players is increasing and they are also attracting the attention of major banks and insurance companies: Unilend will see Groupama Banque invest 100 million euros in its platform, and SmartAngels has formed a similar partnership with the Allianz group.

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