Crowdlending barometer of August 2018

Good August for platforms in France with a 161% increase in funding compared to August 2017. In total, the increase in amounts collected stood at 28% at the end of August 2018 (compared to 2017). Discover the figures of the Robinson Crusoe “Company” of the month of August 2018.

 Courbe CL 201808 416x250

The monthly barometer is produced in partnership with Creditprofessionnel.com, a professional loan broker.

Figures as of August 31, 2018

The amount raised amounts to 99 million euros at the end of August 2018 , representing a 27% increase in the amounts financed compared to 2017.

However, the increase in the number of files funded is only 1% compared to 2017.

We can conclude that the market is developing very little in France and that the platforms may have to find growth relays in Continental Europe (or disappear?). In fact, Spain and Italy now account for 40% of Lendix’s collection. In addition, Thomas de Bourayne (Credit.fr) has just mentioned the internationalization of its platform in 2019 during an interview given to Agefi.

465 projects were funded on 15 platforms. These companies borrowed on average € 212,802 at an average rate of 6.64% over an average period of 39 months.

The ranking of the platforms at the end of August 2018

The ranking of the platforms at the end of August 2018

 

We have established a ranking according to the amount collected, other criteria: Number of files, average amount, rate, … could have been taken into account.

 

Rank Platform Amount lent (2017) Amount lent (2018) Evol. Number of files Average amount average duration (months) Average rate Evol.
1 Lendix (**) (1) 42,371,192 45,849 258 + 8% 83 552,401 48 5.60 =
2 Credit.fr 7,471,300 12,346,200 + 65% 118 104,629 38 6.86 =
3 Bolden (*) 2,352,000 8,657,339 + 264% 34 254,627 38 5.36 =
4 Lendosphère 6,405,250 7,929,930 + 24% 22 360,451 35 5.03 =
5 Wesharebonds 1,400,000 5,450,000 + 289% 10 545,000 41 6.40 +1
6 Lendopolis 2,748,200 4,726,800 + 72% 39 121,200 45 7.54 -1
7 Unilend 4,674,500 3,151,630 -33% 36 87,545 40 6.59 =
8 Enerfip 2,600,000 3,039,970 + 17% 15 202,665 36 5.39 =
8 Pretup 1,701,587 2,374,773 + 40% 44 53,972 31 8.40 =
10 Look & Fin ** 3,814,000 2,360,000 -38% 7 337,143 40 6.69 4
11 The Entreprêteurs 803,450 1 623 000 + 102% 34 47,735 36 7.67 -1
12 Prexem 756,000 700,000 -7% 14 50,000 24 7.32 -1
13 Investbook 90,000 470,500 + 423% 6 78,415 36 8.33 -1
14 Solylend 100,000 273 939 + 174% 3 91,313 20 5.33 -1
15 Gwenneg 179,643 N / A N / A 0 N / A N / A N / A =
16 Tributile 45,000 N / A N / A 0 N / A N / A N / A =
17 PretStory 0 N / A N / A 0 N / A N / A N / A =

 

(1) Of which lease solutions of 45 K €

Including Bolden Specialty Finance of € 6,013,000

Only files funded in France

Few changes in the annual ranking! Lendix remains the leader in this market with a collection 3.5 times higher than the second platform namely Credit.fr. In addition, the platform financed 21 cases in Spain for € 14 million and 25 cases in Italy for € 15.4 million, for a total of € 29.4 million financed outside France. This amount now accounts for nearly 40% of Lendix’s total collection.

Bolden keeps the 3rd step of the podium thanks to the launch of a new financing offer (leasing) .

The market share of the first 3 platforms represents 67% of the market, against:

  • 72% in July 2018
  • 71% in June 2018
  • 73% in February and March, April and May 2018
  • 64% in January 2018
  • 76% over the year 2017
  • 74% over the year 2016

Several platforms have seen collections lower than 2017: Unilend, Look & Fin, Prexem … However, we can note the significant progress of Bolden, Wesharebonds, Entreprêteurs, Lendopolis …

The ranking of platforms 

We have established a ranking according to the amount collected, other criteria: Number of files, average amount, rate, … could have been taken into account.

 

Rank Platform Amount lent (2017) Amount lent (2018) Evol. Number of files Average amount average duration (months) Average rate Evol.
1 Lendix ** (1) 1,985,000 3,311,000 + 67% 7 473,000 33 5.51 =
2 Lendosphère 150,000 2,012,900 + 1200% 4 503,225 32 5.34 5
3 Credit.fr 705,000 1,515,000 + 115% 12 126,250 39 7.00 -1
4 Wesharebonds 0 1.5 million + 100% 2 750,000 54 6.50 4
5 Enerfip 0 899,970 + 100% 4 225,000 45 5.38 =
6 Bolden * 605,000 522,552 -14% 4 130,638 42 4.38 -3
7 Look & Fin ** 0 500,000 + 100% 1 500,000 48 7.50 +7
8 Unilend 332,600 290,000 -13% 3 96,667 11 5.80 -1
9 Pretup 150,000 275,010 + 83% 3 91,670 32 8.00 =
10 The Entreprêteurs 10,000 190,000 1800 +% 4 47,500 39 8.88 =
11 Lendopolis 380,000 120,000 -68% 2 60,000 48 8.13 -7
12 Prexem 25,000 110,000 + 340% 2 55,000 30 7.40 -1
13 Investbook 0 43,500 + 100% 1 43,500 48 8.00 -1
14 Solylend 0 N / A N / A 0 N / A N / A N / A -1
15 Gwenneg 0 N / A N / A N / A N / A N / A N / A =
16 Tributile 0 N / A N / A N / A N / A N / A N / A =
17 Pretstory 0 0 N / A 0 N / A N / A N / A =

 

(1) Of which lease solutions of 0 K €

Including Bolden Specialty Finance of 310 K €

Only the files financed in France. Lendix has financed 550 K € in Italy (2 files) and 2,000 K € in Spain (1 file) during the month.

In August 2018, the platforms made it possible to lend € 11,289,932 to 49 projects, for an average amount of € 230,407. Loans were made over an average of 37 months at an average rate of 6.52%. There is a 161% increase in funding compared to August 2017.

Several platforms have financed less than in August 2017, this is particularly the case of Unilend, Bolden and Lendopolis.

In addition we can note the good performances of Lendosphère, Look & Fin, Wesharebonds or Enerfip.

 

The scope

The scope

This barometer is now based on 17 platforms. It should be noted that most started their activity in the 2nd quarter of 2015 only. As this barometer is supposed to last and be published month by month, I take into account the following platforms:

Other platforms will be taken into account as they are created and of course I will remove those that will disappear