October launches new website for October Connect
French peer-to-peer lending platform October has launched a revamped website for its October Connect product.
October Connect offers credit risk analysis, anti-fraud solutions and white label technology for financial services firms.
“Different decision support reports have been developed for October and for October Connect,” October said in a blog post on its website.
“These reports are the same ones we use in our in-house analysis at October. We built those tools by analysing eight years of loan requests in five European countries. If they work well for us, they can also work well for financial service providers!”
Read more: Yolt collaborates with October to speed up loan applications
October said that the new website “puts customer experience first” and “is the answer to many questions you may have about October Connect”.
October Connect’s clients include European revenue-based financing solution Silvr, Zencap Asset Management, French investment bank Bpifrance and utility company Engie.
October has had a busy year following a record year for lending in 2021. It said at the start of the year that it was planning to expand its team, and then acquired competitor Credit.fr in May.
Last month, it partnered with Italy’s Solution Bank to launch a new financing solution for small- and medium-sized enterprises.
In 2021, 886 projects were financed by around 29,000 active lenders for a total amount of €186m (£155m).