December 11, entrance to Wall Street Lending Club crowns the tremendous success of French: Renaud Laplanche. A native of Montpellier, Frenchie is now at the head of a company valued $ 5.4 billion and propel himself to the 350th-largest French fortunes. This rating is one of the ten largest in the history of the Internet and the only one of this size with a French boss. Not bad for the son of a grocer of Hyères.
Success story
Party do an MBA in the US, Renaud Laplanche sells first company to Oracle in 2006, before create Lending Club in 2007. The principle? Allow individuals to save their money, making credit to households and businesses. Lending Club has drained this year more than $ 6 billion.
For entrepreneurs the “ FinTech” French, the IPO, which coincides with the second foundation of Participatory Finance, is a day of jubilation. Renaud Laplanche since has been emulated in France, start-ups offering loans to individuals and SMEs on the principle of crowdfunding abound
Loan Union, another pioneer
“Renaud Laplanche is a star. Brilliant, hard working, humble, knowing very well surrounded. For us, it is the evangelist” unreservedly admire Charles Egly, the founder of Loan Union. This HEC 35 years was himself a pioneer in France. In late 2011, he attacked the bank monopoly by directly connected households looking for a credit with investors looking to boost their savings.
Before starting, Charles worked Egly hard to obtain the status of credit institution. Since then, Loan Union has collected 130 million euros, with a strong acceleration 11 million in 2012, 43 in 2013, 80 in 2014 and a target of 160 million next year. This growth has attracted weight of investors. End of 2013, the owners of Bon Coin took an interest, joining the prestigious original sponsors (Xaviel Niel and Pierre-Antoine Dusoulier, head of Saxo Banque France).
Then came Spear
After the credit to individuals, a second wave emerged: credit to TPE or TPE. Backed partner banks, the Spear platform was launched in 2011 in the niche projects …
Delphine Carmelites for ChallengeSoir
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