French peer-to-peer lending platform October has launched a revamped web site for its October Join product.
October Join provides credit score danger evaluation, anti-fraud options and white label expertise for monetary providers corporations.
“Totally different resolution assist experiences have been developed for October and for October Join,” October stated in a weblog publish on its web site.
“These experiences are the identical ones we use in our in-house evaluation at October. We constructed these instruments by analysing eight years of mortgage requests in 5 European nations. In the event that they work effectively for us, they’ll additionally work effectively for monetary service suppliers!”
Learn extra: Yolt collaborates with October to hurry up mortgage purposes
October stated that the brand new web site “places buyer expertise first” and “is the reply to many questions you could have about October Join”.
October Join’s shoppers embody European revenue-based financing resolution Silvr, Zencap Asset Administration, French funding financial institution Bpifrance and utility firm Engie.
October has had a busy yr following a document yr for lending in 2021. It stated initially of the yr that it was planning to increase its crew, after which acquired competitor Credit score.fr in Could.
Final month, it partnered with Italy’s Answer Financial institution to launch a brand new financing resolution for small- and medium-sized enterprises.
In 2021, 886 tasks had been financed by round 29,000 lively lenders for a complete quantity of €186m (£155m).
