Partech in €12m series-B for Lendix

Other investors in the round were CNP Assurances, Decaux Freres Investissements, Matmut, Sycomore Factory, Weber Investissement and Zencap.

Partech contributed €3m to this third round of funding for Lendix, confirming its commitment to the loan platform.

Partech had already participated in an €8m seed round in 2014 and in a €3.2m series-A in 2015.

Lendix's fast international growth and strong position on the market of SMB loans – claiming a 40% market share in France, according to Partech Ventures – convinced the VC firm to re-up for this investment round in the company.

Over the next 12 months, the platform aims to enable funding of €50m in the French, Spanish and Italian markets.

Company
Lendix is a European crowdlending platform, accessible to both private individuals and institutional investors.

Founded in 2014 and headquartered in Paris, it is marketed as a financing route for startups and SMEs.

People
Partech Ventures – Philippe Collombel (co-managing partner).

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