The collaborative financing platform confirms its growth and crosses the bar of 100 million euros lent.
Based on a 100% digital collaborative credit and investment offer, Mozzeno’s model is attracting more and more consumers and businesses in Belgium. After 5 years of activity, the Belgian fintech has indeed just crossed the symbolic bar of 100 million euros on loan. A new record for the young company based in Wavre (soon 25 people…
Based on a 100% digital collaborative credit and investment offer, Mozzeno’s model is attracting more and more consumers and businesses in Belgium. After 5 years of activity, the Belgian fintech has indeed just crossed the symbolic bar of 100 million euros on loan. A new record for the young company based in Wavre (soon to have 25 people) which is the result of strong growth in the volume lent over the past two years. Indeed, nearly 90 million euros have been financed since the end of 2020 alone. And this, “thanks to a model that combines digital efficiency with the advice and availability of experienced agents, which today represents now half of the company’s team”, indicates Xavier Laoureux, co-founder of Mozzeno. still represent 95% of the volume, with an average amount of 10,430 euros per loan granted. Launched later, loans to the self-employed and businesses therefore still only represent 5%. This is nevertheless an important area of growth for the start-up, which intends to make its business loan offer more competitive in the coming weeks, “with more competitive rates, broader eligibility criteria and new collaborations. of the style of those already tied with partners such as Partena, Invest.BW or Accountable”, specifies Xavier Laoureux.As for the community of Mozzeno lenders, now totaling more than 10,000 investors, individuals and companies, it an average gross return of 3.75% while investing mainly in loans insured against the default of the borrower.
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