Credit.fr buys out property lending marketplace Homunity

Credit.fr, a French SME crowdfunding platform, has recently announced that it has acquired real estate crowdfunding platform, Homunity. 

The acquisition of Homunity, France’s leading independent real estate crowdfunding platform, enables Credit.fr to strengthen its position in the crowdfunding sector, accelerate its growth and diversify its offering in the booming real estate lending market.

Credit.fr prides itself among crowd-lending platforms in having funded the largest number of French SMEs.

Launched in March 2015, Credit.fr was acquired 18 months ago by Tikehau Capital, a leading asset management group. To date, the company has helped finance more than 40 million euros worth of loans to more than 500 SMEs. It has a strong community of 21,000 retail and institutional lenders who see it as a way of supporting businesses while obtaining an attractive return.

As always in a fusion or acquisition, the challenge will be for the new entity to combine the assets of the two companies without diluting each one’s unique advantages.

Crowd Fund Insider spoke with Thomas de Bourayne, the CEO of Credit.fr, how he views the synergies between these two companies.

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