Lendix announces the entry to its capital of CNP Assurances, Matmut and Zencap AM
The number 1 french loans platforms announces the completion of a round table of 12 M€ in order to finance its expansion in Spain and Italy. CNP Assurances, investor leader on this round, made its first investment in the fintech.
Lendix, first French SME lending platform, announced today a fundraising of 12 M€ from its existing shareholders (Decaux brothers investments, Partech Ventures, Sycamore Factory, Weber investment and Bank Wormser brothers including) and institutional leadership: CNP Assurances, Matmut and Zencap AM (subsidiary of group OFI AM). This capital funding is also accompanied by a significant commitment – more than 20 M€-stockholders to become also lenders on Lendix.
On this occasion, Hélène Falchier, head of private equity of CNP Assurances, joined the Supervisory Board of Lendix. It will sit alongside Xavier Anthonioz (Chairman of the Executive Board 123Venture), Philippe Citerne (Director of Accor and Edenred), Philippe Collombel (Partech Ventures partner managing), Gérard Degonse (Chairman of the Supervisory Board of JC Decaux SA), Christian Gueugnier (CEO of Financière de L'echiquier) and Pascal Oddo (Chairman of the Supervisory Board of LBO France).
Philippe Collombel, managing partner at Partech Ventures and investor in the first round of Lendix. "We have strengthened our involvement by investing 3 m€ in this round.
Become a leader in continental Europe
Since the completion of its first loan in April 2015 to Alain Ducasse Entreprise, Lendix took real leadership on the market of the loan to SMEs by becoming the number 1 french with 40% of market share. The platform has helped companies of all sizes to borrow more than 20 M €100 (excluding the recent acquisition of Finsquare) for unit loans ranging from € 30,000 to 1 M€.
"The french market is growing very fast, but our ambition is to create a leader in continental Europe. We just created our first 2 subsidiaries in Spain and Italy' details Patrick de Nonneville, CEO of Lendix.
Objectives for the next 12 months
Lendix is implementing over 50 M€ loans on its platform over the next 12 months on 3 markets: France, Spain and Italy. "These loans will be financed both through our community of 10,000 special lenders but also thanks to the use of institutional investors, as we have done since our launch" details Olivier Goy.
To achieve these objectives, a new fund dedicated to institutional investors will be launched next month and 20 recruitment are programmed in the short term on the 3 geographies to complement the current team of 30 people.
So lendix even made returns of big investors, moreover it known now that lendix wants to make international growth.