October: Accelerates its development through the acquisition of Credit.fr
- October is a European FinTech whose mission is to finance businesses better
- Acquires its competitor Credit.fr, the second-largest lending platform for French SMEs
- The new entity will thus represent more than EUR 860 million lent to 3,100 European companies in France, Spain
- Through this acquisition, It will be able to complete its know-how and enrich its processes to meet the financing needs of SMEs
- Henri Marcoux, Deputy Managing Director of Tikehau Capital supports the development of the new entity
- The SaaS technology Connect helps banks such as Bpifrance and asset managers to enrich their risk analysis
