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October lets 11 public companies borrow money on its platform

October lets 11 public companies borrow money on its platform

TechCrunch Startup News · TechCrunch

November 22, 20183m 17s

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Show Notes

French crowd-lending platform October (formerly known as Lendix), wants to educate more people about new ways to borrow money. That’s why the company is launching a project called Grandir Ensemble (grow together). 11 big companies are borrowing €100,000 each on October at a 2.5 percent interest rate. October users will be able to lend as little as €20 to one of these companies. If you look at the list of companies, all those names will sound familiar to French readers and beyond.

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