Bpifrance joins Lendix by subscribing to a co-financing fund associated with the lending platform

A strong commitment towards French and European small and medium-sized companies

Bpifrance joins other leading investors, including CNP Assurances, Groupama, Zencap AM (OFI group), Matmut or the "Prêtons Ensemble" fund managed by Eiffel Investment Group and sponsored by Aviva France, AG2R La Mondiale, MGEN and Klesia, already associated with the Lendix lending platform, through a co-financing fund.

This new commitment brings the fund to the likely size of its hard cap set at 90 million euros. With the aim of reaching the maximum fund size soon, Lendix is in advanced talks with the European Investment Fund.

The fund complements a first-generation investment vehicle and thus brings to 116 million euros the amounts provided by institutional investors for the growth of French and European companies via Lendix.

This capital is intended to be lent during the year 2017 to small and medium-sized companies in France, Spain and Italy. They will be added to the loans made by private investors also from these 3 countries.

"We are delighted to welcome Bpifrance as an institutional lender on Lendix. We see a commitment beyond individual and institutional investors of a French leading public institution in favor of the real economy." said Olivier Goy, president and founder of Lendix.

About Lendix

Lendix is a European online marketplace for business loans. It operates in Spain, soon in Italy and is the #1 platform in France. On Lendix, SMEs can borrow directly from private and institutional lenders. Lendix creates an efficient, transparent and customer-friendly alternative to the traditional banking system, and offers creditworthy SMEs faster and simpler access to financing. Lendix is backed, amongst others, by Partech Ventures, CNP Assurances, Matmut and Decaux Frères Investissements. In October 2016, Lendix was awarded the 32nd position in the global raking of the 2016 FINTECH100 by KPMG & H2 Ventures. Lendix has already enabled over €65 million of loans to 200 development projects from SMEs of all sizes and sectors.

Follow Lendix: www.lendix.com – Twitter : @lendix – Facebook : www.facebook.com/lendix

About Bpifrance

Bpifrance, a subsidiary of Caisse des Dépôts and of the French State, a trusted partner for entrepreneurs, supports companies (SMEs, ETIs and larger entities with a strategic dimension for the French economy), from seed to listing, in credit, collateral, and equity. In addition, Bpifrance provides support and enhanced services for innovation external growth and export, in partnership with Business France.

With 47 regional offices, it represents the single point of contact for entrepreneurs in each region for all financing and investment needs.

More information: www.bpifrance.fr – Suivez-nous sur Twitter : @bpifrance