Kimaventures Invests in Pretdunion
Kimaventures has announced investing in Pret d’union, a p2p lending company in France, which according to it’s website, aims to launch in 2011. Unconfirmed sources state that the funding round raised 500,000 Euro – no information which investors participated apart from Kivaventures is available.
CEO Charles Egly is a former banker at BNP Paribas. While the business model was drafted in September 2008, the company was founded in October 2009 and received regulatory approval in December 2009.
Earlier this year French p2p lending service Friendsclear raised 522,000 Euro from several investors including Arkeon Finance.
EDIT: Additional information provided by CEO Charles Egly:
- as of today, Prêt d’Union raised ca. 1 M€ from Business Angels and Kima Ventures.
- in december 2009 Prêt d’union filed a propectus to get a credit institution licence. Prêt d’Union has not yet received the licence and is still in discussion with the Bank of France.