Logo of October

October

Rank #7
Business Loans
Direct Marketplace Lending
Explore October
Funded Since March 2015
€682.68m
Avg. Nominal Interest Rate
5.68%
Minimum Investment
€20
Auto Invest
No
Secondary Market
No
Ring Fence
Yes
Regulated
Yes

What is October?

October is run by OCTOBER, based in France. October is a Direct Marketplace Lending platform, which means it operates the "traditional" or "pure" P2P lending model and serves as an online space where borrowers can apply for loans and investors can fund projects. It holds a Crowdfunding License from France's Organisation for the Single Register of Intermediaries in Insurance, Banking and Finance (ORIAS).

October gives you the chance to provide funding to business owners by investing in business loans. You can also apply for funding if you are a business owner yourself.

What does October offer?

At October, you can invest in projects denominated in EUR starting from €20.

October separates investors’ funds from the platform company assets and has a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It discloses statistics about its funded loans on a dedicated public page and shares its monthly funding volumes with P2PMarketData.

October Details

Legal Company Name
OCTOBER
Business ID
804 264 174
Main Currency
Euro (€)
Headquarters Location
France
Established Date
September 2014
Launch Date
March 2015

How is October regulated?

License Name License Key Regulatory Entity Country
Crowdfunding Intermediary 15000364 Organisation for the Single Register of Intermediaries in Insurance, Banking and Finance (ORIAS) France

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