Lendix lands big-name new investors in €32m fundraise

By Ryan Weeks on 4th June 2018

P2P/Marketplace Lending

Idinvest Partners, Allianz and CIR S.p.A. are now shareholders in the platform.

Lendix lands big-name new investors in €32m fundraise

French marketplace lender Lendix has closed an equity fundraise – its first since raising €13.5m in a series B round in 2016.

The platform, which routinely positions itself as the top SME lending platform in Continental Europe, has added a trio of major new investors.

The first is Idinvest Partners, a European mid-market private equity firm with close to €8bn under management. Insurance giant Allianz and CIR S.p.A. – a listed Italian firm majority owned by the De Benedetti family – are the other new investors in the round. All of Lendix’s existing shareholders also participated.

Lendix aims to be ‘fully active’ across 5 European markets by the end of this year – and 7 by the end of 2019. The firm recently hired a new local chief executive to lead its Dutch arm.

It has also seemingly established itself as the distribution partner of choice for the European Investment Bank, having recently clinched another €200m in lending capital via its investment arm, the European Investment Fund.

“We were convinced by Lendix's pan-European approach and its ability to meet the challenge of internationalisation in a business that is still very local,” said Matthieu Baret, a partner at Idinvest Partners.

Lendix has lent a little shy of €200m to small businesses to date, according to AltFi Data’s market data page.



Alternative Income Forum 2019

Join AltFi for its third annual Alternative Income Forum, exploring closed-ended funds (investment trusts) specialising in generating an income using alternative assets such as specialist finance, P2P lending, direct lending, asset leasing and more. Hear from the leading investors and fund managers in this rapidly growing market.

18th June 2019