October is a European Fintech whose mission is to finance businesses better. The data and technology expertise make it easy and fast to say yes to businesses, thanks to a robust risk analysis. They have already financed thousands of SMEs for EUR 1 billion in France, Spain, Italy, the Netherlands, and Germany. As a lending platform, they are the first users of the technology. With October Connect, all the tools also empower leading financial institutions, enabling them to better monitor their portfolio performance and enrich their risk analysis.
“We were growing solidly since our start in 2016 and wanted to make additional investments. We have a SaaS product and were looking for a loan to further expand our team and our software. In fact, a large part of our team consists of developers and UX designers. This year we are expanding our team from 15 to 24 people. We looked at several options. With the traditional bank it turned out to be impossible to get a loan for recruiting staff or further development of software. Banks like to have collateral, while our capital is in the software and our people. So our company is not a good fit for a bank loan.”




Read October Reviews, Testimonials & Customer References from 14 real October customers.
Browse October Case Studies, Customer Success Stories, & Customer References from 14 businesses that use October.