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 to 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 add 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.