Why October chose Lemonway as the single payment solution for its European expansion

As the crowdlending leader in Europe, October allows SMEs to borrow directly from individual and institutional lenders, without having to go through banks. Created in 2014 under the name Lendix, October now has around 100 employees and is present in France, Spain, Italy, the Netherlands, and Germany. To support its international growth, October has turned to the payment service provider (PSP) Lemonway.

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Managing and monitoring payment flow between lenders and borrowers, user identification regarding European regulations, scalability, adapted payment methods, etc. The tools and the quality of service convinced October: Lemonway is indeed the platform’s only payment solution, to guarantee smooth international development. In this case study, discover how Lemonway has supported October’s growth in France and its expansion in Europe.