October

Paris, France Founded: 2014 • Age: 12 yrs
Financing solutions are offered to small and medium enterprises.
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About October

October is a company based in Paris (France) founded in 2014 by Olivier Goy. It operates as a FinTech, and Brokerage / Intermediation. October has raised $391.22 million across 8 funding rounds from investors including Allianz, CNP Assurances and European Investment Bank. October has completed 2 acquisitions, including Credit.fr and Finsquare. October offers products and services including SME Financing. October operates in a competitive market with competitors including Colectual and Crowdpartners, among others.

  • Headquarter Paris, France
  • Founders Olivier Goy
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $391.22 M (USD)

    in 8 rounds

  • Latest Funding Round
    $301.99 M (USD), Series D

    Sep 30, 2020

  • Investors
    Allianz

    & 9 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Credit.fr

    & 1 more

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Products & Services of October

October offers a comprehensive portfolio of products and services, including SME Financing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Financing solutions are provided for small-medium enterprises.

People of October
Headcount 50-200
Employee Profiles 12
Board Members and Advisors 1
Employee Profiles
People
Naëlle Hadji-Bormann
Head, Marketing October Connect
People
Camille M.
Responsable Contentieux Et Recouvrement
People
Amaury Juvanteny
Lead Design System
People
Quentin C.
Head Of Engineering

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Board Members and Advisors
people
Olivier Goy
Founder & Chairman

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Funding Insights of October

October has successfully raised a total of $391.22M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $301.99 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round Series D — $302.0M
  • First Round
  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Series D - October Valuation

investors

Jun, 2018 Amount Series C - October Valuation Idinvest Partners , Allianz
Mar, 2018 Amount Debt – Conventional - October Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in October

October has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Allianz, CNP Assurances and European Investment Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Equity investments are provided to low and middle market companies.
Founded Year Domain Location
Venture capital is provided to global tech startups and scale-ups.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by October

October has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Credit.fr and Finsquare. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Business loans are facilitated via an online platform for companies.
2014
P2B loans platform
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - October

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

October Comparisons

Employees
+
Add Comparison
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Competitors of October

October operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Colectual and Crowdpartners, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Crowdlending platform enabling investments in loans to small and medium enterprises online.
domain founded_year HQ Location
Crowdfunding platform linking investors with businesses and real estate for loans and direct investments.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about October

When was October founded?

October was founded in 2014.

Where is October located?

October is headquartered in Paris, France.

Who is the current CEO of October?

Olivier Goy is the current CEO of October. They have also founded this company.

Is October a funded company?

October is a funded company, having raised a total of $391.22M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $12.37M, raised on Jun 01, 2014.

What does October do?

Financing solutions are provided by October to small and medium enterprises across Europe. The platform connects lenders with borrowers to facilitate loans. Focus is placed on managing existing loans, while new financing solutions or accounts for lenders are no longer offered. Operations are centered in the financial sector with an emphasis on consumer finance and SME support.

Who are the top competitors of October?

October's top competitors include Colectual and Crowdpartners.

What products or services does October offer?

October offers SME Financing.

How many acquisitions has October made?

October has made 2 acquisitions, including Credit.fr, and Finsquare.

Who are October's investors?

October has 10 investors. Key investors include Allianz, CNP Assurances, European Investment Bank, Partech Partners, and Idinvest Partners.

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