French join platform lending revolution

By Owen Sanderson
26 Mar 2015

Marketplace lending in continental Europe, while lagging far behind the US and the UK, has taken a step forward as SME platform Lendix announced a tranche of institutional money committed to SME lending

Until the third quarter last year, only banks could lend to small and medium enterprises in France, in contrast to the UK and the US, where non-bank financing for smaller businesses has a long history, both in traditional non-bank format, where loans are funded by warehouse lending and ...

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