71388
investors
Lendopolis is a French crowdfunding website that lends savers' money to renewable-energy projects: solar farms, wind parks, hydro, biogas and battery storage. It started in November 2014 lending to small businesses. That business went badly and was closed in February 2019; since then new money has gone only to renewable energy. In November 2024 Lendopolis was bought by its rival Lendosphere, and since late 2025 it is a brand of Lendocompany SAS, which runs both websites under one licence. The group belongs to the Paris fund manager 123 Investment Managers. The website is in French only.
You choose projects one by one and buy unlisted bonds issued by the company that owns the solar or wind project, or by its parent. The advertised minimum is €50, but the real minimum depends on the bond size of each offer. Bonds in the offers open in August 2026 ran for 4 to 5 years. Many offers are open only to people living in named French départements, because developers get a bonus in state energy tenders for involving local savers: on 29 August 2026, 13 of the 14 open offers had such a limit. There is no automatic investing.
The average interest rate on everything lent since 2014 is 6.19% a year, weighted by amount (as of 26 October 2026). This is the rate written in the bond contracts, before any losses and before tax. Loans made in 2025 carried 6.85% on average and those in 2026 so far 6.74%; the lowest year was 2021 at 4.68%. The home page advertises 6% to 8% a year, and the highest rate on an open offer in August 2026 was 7.50%. The platform also shows a return after losses of 6.19%, but that is the same number as the contract rate: nothing has been taken off for the money it reports as lost. Taking off the lifetime losses would give roughly 5.5% (our own calculation). Investors have received €43.7 million in interest since 2014.
The platform's own table (26 October 2026) shows 48 projects with €3.08 million written off as definitive losses. That is 0.68% of the €453.0 million lent since 2014, or about 2% of the money from loans that have already ended, either repaid or lost (calculated from the platform's own figures). A further 24 projects with €1.63 million still owed are in insolvency proceedings (0.36% of all money lent), and one 2024 project with €5 million owed is up to six months late. Most losses come from the small-business loans of 2015 to 2018: in June 2017 the platform itself admitted that 14 of its 152 small-business projects were in serious difficulty. The renewable-energy book is younger and has not yet been through a downturn. The same page still shows a cost of risk of 0.00% and warns that some of its figures are being checked and may be inaccurate.
Very little. The bonds are loans to the project company and usually rank behind the project's bank loan, so if a project fails the bank is paid first. They are presented as a substitute for the developer's own money rather than as bank-style debt. The platform's selection policy says it may take a pledge over the project company's shares or a guarantee from the parent, deal by deal, but project pages do not show which security applies. There is no buyback, no reserve fund and no insurance. No recovery rate is published; of the €1.63 million in insolvency proceedings, only €17,858 of capital has been paid back so far. In plain words: you are a junior lender to a solar or wind company and rely on what is left after the bank.
Lendocompany SAS, Paris, holds a European crowdfunding licence from the French regulator (AMF), number FP-2023-22, granted on 7 November 2023, which covers both Lendosphere and Lendopolis. Lendopolis had its own licence (FP-2023-26), which was withdrawn on 16 December 2025 after the company Lendopolis SAS was merged into the group and dissolved. Your bonds remain claims on the project companies either way. La Banque Postale, which owned Lendopolis before November 2024, no longer owns it and guarantees nothing.
The platform states that investing is 100% free for investors; it publishes no investor fee. It earns its income from the project companies that raise money.
Cash waiting in your account can be sent back to your bank account. Money placed in a bond is locked until the project repays it, usually over 4 to 5 years. There is no market to sell bonds to other investors and no early exit.
Return: Low. The average contract rate is 6.19% a year, and no measured return after losses is published. Risk: Medium (higher means more risk). Definitive losses are low at 0.68% of all money lent, but the platform's own figures contradict each other, it shows no real cost of risk despite reported losses, and your bond usually ranks behind the bank. Risk-return: Low. A moderate return for a medium level of risk, with your money locked for years.
License / Regulation: Lendocompany SAS (Paris), which runs the Lendopolis and Lendosphere websites, holds a European crowdfunding service provider licence from the French Autorité des marchés financiers (AMF), number FP-2023-22, granted 7 November 2023. Lendopolis's former own licence, FP-2023-26, was withdrawn on 16 December 2025 after the merger. Investments are not covered by any deposit guarantee scheme.
Yes. Lendocompany SAS, which runs Lendopolis and Lendosphere, holds a European crowdfunding licence from the French regulator (AMF), number FP-2023-22. Lendopolis's former own licence was withdrawn in December 2025 when the company was merged into the group. No deposit guarantee covers your investments.
Cash waiting in your account sits in a payment account in your name at a licensed payment institution, separate from the platform's money. The platform's legal pages name two different firms, MANGOPAY and Lemonway, without saying which applies. Once invested, your money is a bond issued by the project company.
The site advertises €50. In practice each offer sets its own minimum through the size of one bond, because you must buy whole bonds.
The average contract rate on all money lent since 2014 is 6.19% a year, and 6.85% on 2025 loans. As of 26 October 2026, 48 projects with €3.08 million have been written off (0.68% of all money lent), 24 projects with €1.63 million are in insolvency proceedings, and one €5 million project is up to six months late. The platform does not take these losses off its published return.
Very little. Your bond usually ranks behind the project's bank loan, so the bank is paid first if a project fails. The platform may take a share pledge or parent guarantee deal by deal, but project pages do not say which. There is no buyback, reserve fund or insurance, and no recovery rate is published.
No. There is no market to sell bonds and no early exit, so money is locked until the project repays, usually 4 to 5 years. Only uninvested cash can be withdrawn.
None published. The platform states that investing is 100% free for investors. It is paid by the project companies that raise money.
Your bonds are claims on the project companies, not on the platform, and your cash is kept apart from the platform's own money. If a project company fails, you are usually repaid only after its bank, and you may lose part or all of that investment.
No. The bank sold Lendopolis in November 2024 and owns none of it. It does not guarantee the bonds, and these are not bank deposits.
Not always. Many offers are reserved for residents of named French départements, because developers earn a bonus in state energy tenders for involving local savers. On 29 August 2026, 13 of the 14 open offers had such a limit.
