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October
Online marketplace for business loans
- 201-500 employees
- Fintech
- B2B
- Enterprise
- Marketplace
- Sustainability
- Lending
- Financial Services
- Data Analysis
- Chaussée-d'Antin, Paris, IDF
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Company mission
To make it simple and fast to say yes to more businesses requesting funding.
11% employee growth in 12 months
Our take
October is becoming an important technological partner for European support plans during the economic crisis due to its provision of government-backed loans.
The company is an SME lending marketplace working with small companies in France, Spain, Italy, Netherlands and Germany that need a credit line. The company evaluates risk before handing out loans using industry-specific data analysis and human analysts. On the other side of the marketplace, individuals can contribute to SME financing.
October has grown exponentially since its inception and the acquisition of its competitor Credit.fr - the second-largest lending platform for French SMEs reflects this growth. The company is also very eco-conscious, having joined forces with Climate Act - which specialises in startups and scale-ups that wish to reduce their carbon emissions and environmental impact. October is laser-focused on company growth and is keen to expand into new markets.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Great offices around Europe
- An international and diverse team
- European and local events & drinks
- Flexible remote working policy
- Plenty of room for growth & learning
- A tech-centered workforce
Company values
- Think 'customer experience' first
- Strive, together
- Always improve
- Enjoy the journey
- Let the sunshine in
Funding (last 2 of 5 rounds)
Jan 2023
$36.9m
LATE VC
Jun 2018
$33.7m
SERIES C
Total funding: $94.9m
Leadership
Olivier Goy
(Chairman of the Board)Founder of 123 Investment Managers, and co-founder of Fondation photo4food. Treasurer at FranceFintech for 6 years.
Experience as Partner for Goldman Sachs, and Board Member of Kantox for 7 years.
Benjamin Netter
(Co-Founder)Invested in multiple companies including Lazy app, Café and Defacto. Founded Riot in 2020.