October Crowdfunding Platform For Online Fundraising in 2024

Crowd Investing and Fundraising with October platform

October Crowdfunding Platform

October is a European SME lending platform that was established in 2014 with a focus on providing debt-based investment opportunities to individual and institutional lenders. Operating primarily in France, Spain, Italy, Netherlands, and Germany, October offers a platform where borrowers can directly access funding from a diverse range of investors.

With a total funding volume exceeding 1 billion euros and over 44,000 investors participating on the platform, October has established itself as a significant player in the SME lending sector. The platform caters to businesses looking for financing for various purposes, including real estate projects, working capital needs, and expansion plans.

One of the key features of October is its accessibility, allowing investors to start lending with a minimum investment of just 20 euros. This low entry barrier makes it possible for a wide range of individuals to participate in SME lending and diversify their investment portfolios.

October operates in multiple languages, with a strong presence in France where it originated. This multilingual approach enables investors from different countries to engage with the platform, further expanding the pool of potential lenders for businesses seeking funding.

In addition to providing a marketplace for lending and borrowing, October offers a transparent and user-friendly interface that simplifies the investment process for both borrowers and lenders. The platform provides detailed information on investment opportunities, risk profiles, and expected returns, empowering investors to make informed decisions.

Overall, October serves as a bridge between SMEs in need of financing and investors seeking attractive returns on their capital. By facilitating direct lending relationships and fostering a community of investors, October contributes to the growth and development of small and medium-sized businesses across Europe.