Nuovo supporto da € 100 milioni da parte del Fondo europeo per gli investimenti a sostegno delle PMI europee

Lending marketplace October announces new €100 million commitment from European Investment Fund and other leading investors to support European SMEs

The European Investment Fund (EIF) is renewing its support to European SME, under the Private Credit Tailored for SMEs programme, alongside other top tier institutional investors including
CNP Assurances, Bpifrance and Zencap.

A new €100 million commitment was signed by the EIF, CNP Assurances, Bpifrance and Zencap among others to finance European SMEs through lending marketplace October. All of them were already part
of the latest institutional fund launched in 2018. Their renewed investment is a sign of confidence in the alternative lending platform.

We offer two advantages for institutional investors who are looking to support the SME ecosystem in Europe : we are a pan European platform operating in France, Spain, Italy, the Netherlands
and soon Germany and we allow them to support small and medium size companies at scale thanks to our technology. explains Olivier Goy, founder of October.

This new €100 million commitment will allow October to finance SMEs with new loans ranging from €30,000 to €5 million from all industries in France, Spain, Italy, the Netherlands and Germany.

October was launched in 2015 as a tech platform to support simple, fast direct lending to small companies on a large scale. To date, more than 700 SMEs have been financed by both institutional
investors and private lenders. The average loan granted to SMEs on October is €490,000. As part of their commitment, institutional investors will lend automatically to all projects presented on
the platform alongside an existing community of 20,000 retail lenders.

October has already supported an ecosystem of companies representing more than 26 000 jobs across Europe. Each new commitment from institutional partners has a big impact in growing and
securing this ecosystem. added Patrick de Nonneville, COO of October.

The EIF commitment is being made under the Private Credit Tailored for SMEs programme. Launched in December 2018, the programme combines resources from the EIF and the European Union under
the European Fund for Strategic Investments (EFSI), which is at the heart of the Investment Plan for Europe, also known as the Juncker Plan. The purpose of the “Private Credit Tailored for SMEs”
programme is to promote private institutional investment in support of more market-based and tailor-made funding solutions for European SMEs and small mid-caps.

Diversified debt funds offer small businesses an alternative to classic bank loans, including bespoke debt packages, swift deployment and a flexible approach, said Pier Luigi
Gilibert, Chief Executive of the European Investment Fund. “The goal of our ‘Private Credit Tailored for SMEs’ programme is to support Europe’s growing private credit market and we
are glad to be partnering again with October and offering this type of innovative funding to European SMEs.

About October

October is the new name of Lendix. October is in the Next40 ranking of 40 high-potential French technology companies that aim to quickly become world-class technology leaders. The company is
backed amongst others by Partech, CNP Assurances, Matmut, Allianz, Idinvest, C.I.R. Spa and Decaux Frères Investissements. October enables SMEs to borrow directly from individual and
institutional lenders without going through banks. Lenders invest their savings usefully and profitably to facilitate the funding of the real economy whilst businesses find a new, simple and
effective source of financing. October has already financed more than 700 SME development projects of all sizes and all sectors for a total of €360m. October operates in France, Spain, Italy, the
Netherlands and Germany.

About the European Investment Fund

The European Investment Fund (EIF) is part of the European Investment Bank Group. Its main goal is to help microenterprises and SMEs to access financing. The EIF designs and deploys venture
capital, growth capital, guarantee and microfinance instruments specifically targeted at this market segment. Its activities foster EU objectives promoting innovation, research and development,
enterprise creation, growth, and job creation. (www.eif.org / www.eib.org)

About the Investment Plan for Europe