Originally created in France under the name Lendix, October is an online loan platform targeting SMEs that has quickly made a name for itself as a reference in the realm of peer-to-peer financing. Seeing the increasing success of their solution, October sought to rapidly expand in Europe, beginning with Spain and Italy. However, this mission proved complicated and fussy with their previous Payment Services Provider (PSP). October turned to Lemon Way, with whom they were familiar via Finsquare, a crowdfunding loan site partner of Lemon Way’s that October acquired in 2016.
‘We met with a number of PSPs and Lemon Way proved the best equipped to support us, not only internationally but also in our overall project, thanks to their in-depth knowledge of our ecosystem,’ explained Matthieu de Fréminville, Project Manager at October.