David Peronnin co-founded the business in November 2014 and is president. Elisa Muntean became chief executive in 2025 - she audited industrial companies at EY, spent time at Wendel in institutional investor relations, and was ClubFunding's finance director from about 2019, where she prepared its first fundraising; Peronnin proposed her himself, saying the company needed transformation leadership beyond its founding phase. Gautier Allard is a co-founder and is listed as managing director on the French register, which press reports since January 2025 do not match - the two may hold titles in different group companies. David El Nouchi is another co-founder. The wider group has seven subsidiaries and reported 170 or more staff in 2023, with statutory auditors appointed.

Security is taken at the start: registered first-ranking mortgages, pledges over the borrower's share capital, first-demand guarantees and personal guarantees from the developers. No loan-to-value cap is published. After funding, the developer pays monitoring fees, implying an ongoing servicing role, but post-funding monitoring is the platform's most consistently criticised weakness. When a deal goes wrong the escalation runs from renegotiation and extension, to French amicable procedures, to formal insolvency, to enforcing the security. Note that 177m euros sat in amicable procedures against 111m in formal insolvency in July 2026, so the platform is renegotiating far more than it is enforcing. Resolving a problem loan takes 24 to 36 months. No recovery rate is published; a third party estimates 30% to 80% depending on the security.

Trustpilot carries two profiles for the company, scoring around 3.7 out of 5 on the current domain and 3.9 on the old one; other sites score it 3.0 out of 5 from 325 reviews and 3.3 out of 5. Four themes recur. First, repayment being pushed back indefinitely: on four DMVIP projects worth 2.57m euros, at least four named investors describe repayment promised for spring 2025, then December 2025, then, in January 2026, a ten-year schedule that only starts after the properties are sold. Second, poor communication and absent project monitoring, raised independently by five sources over four years, with users noting responsiveness improved only after the regulator got involved. Third, allegations on a critical review site that mortgages meant to secure a recovery plan were never registered with the notaries, so investors voted on a flawed plan - we could not verify this. Fourth, transparency: an independent tracker recorded on 14 June 2026 that the platform's own figures do not add up. No regulatory sanction, fine or licence withdrawal was found.

No, and this is the most important thing to understand about the numbers. ClubFunding reports against the French industry standard, under which a default means arrears of more than 180 days. A project extended by mutual agreement disappears from the default figure entirely. Given 177m euros sat in amicable procedures in July 2026 - more than the 111m in formal insolvency - this materially flatters the headline. Two other frequent questions. 

No: assume the money is locked to maturity and beyond, since about a fifth of the book is already past its date

A five-stage funnel: an eligibility screen, then qualitative and quantitative analysis including a site visit, then review by an independent committee, then negotiation of the security, then aligning the developer's own interests. Analysts assess against eight stated criteria, and approval needs a risk committee plus unanimous senior sign-off. Bpifrance's listing gives the timetable as preliminary approval within 48 hours, a final risk committee decision within two weeks, and about five weeks from a complete file to completion. Acceptance is reported by third parties at either 4 in 100 or under 10%; ClubFunding does not publish the figure itself. There is no independent rating agency, external deal auditor or third-party valuer in the chain - the committee is internal, and no risk grade is shown to investors.