Crowdlending in France: the platforms compared

Crowdlending in France means lending money to French companies, property developers, farms and energy projects through a platform authorised by the French financial regulator, the AMF, usually by buying bonds or making loans from €10 to €1,000. France is the largest crowdfunding market in the EU, and the platforms differ a lot in what they finance, how they secure it and how many of their projects are now late.

How crowdlending works in France

You choose a project on the platform, put in money and receive interest, usually every month, quarter or year, plus your capital back at the end of the term, often two to five years. Some platforms let you lend directly (a loan contract); most French platforms sell bonds (obligations) issued by the company or the project. In 2024, most of the money raised in France went into these debt securities rather than plain loans.

Every platform in this guide holds an authorisation from the Autorité des marchés financiers (AMF) as a European crowdfunding service provider (prestataire de services de financement participatif, PSFP) under Regulation (EU) 2020/1503. Platforms that worked under the older French statuses had until November 2023 to move to this European licence. The licence means the platform follows EU rules on information, conflicts of interest and investor tests. It does not mean the AMF approves each project, and it does not protect you against losses: there is no deposit guarantee.

The platforms compared

The table lists the French lending platforms with the most searches on Crowdinform, in alphabetical order. The rate is the platform's own figure with its date: for most it is the average interest rate agreed in the contracts, before losses and tax, not what lenders finally earned.

Lendopolis and Lendosphere are run by the same company, Lendocompany, under one licence since their merger.

The platforms one by one

Bienpreter

Lends to small French businesses from €20, with automatic investing and a secondary market. It reports no losses and no late loans since 2018 (26 October 2026), while independent analysts name at least seven financed companies in insolvency proceedings, so the figure may not be complete.

ClubFunding

Sells bonds of property developers from €1,000 and has lent €1.93 billion since 2015. Each bond usually carries a mortgage or trust over the property, a share pledge and a developer guarantee. On 19 October 2026, 19.69% of all money lent was more than six months late or in proceedings, and a further 11.51% was being repaid on rescheduled terms.

Enerfip

The renewable energy specialist, from €10, with a secondary market. Its own figure after counting problem projects as lost was 7.00% a year (26 October 2026); 1.25% of all capital lent was more than six months late or in insolvency proceedings.

Finple

Sells bonds of property developers and small firms from €500, to investors in France only. On 1 October 2026, 41.8% of everything lent since 2017, and about 73% of the money still owed, was more than six months late or in insolvency proceedings.

Lendopolis and Lendosphere

Both lend to renewable energy projects from €50, and many offers are open only to residents of the French départements near the project. The bonds usually rank behind the project's bank loan. Lendosphere had written off nothing by 26 October 2026; Lendopolis had written off 0.68% of all money lent since 2014.

MiiMOSA

Lends to farms, food businesses and farm energy projects from €100, mostly without real security. After delays, defaults and provisions, the platform shows minus 0.52% a year for its whole loan book (27 October 2026).

Pretup

Lends to small businesses from €20, with a free automatic investing tool. It publishes the default rate the EU rules require: 6.43% of the loans made in 2025, 8.02% in 2024 (published October 2026). After losses, lenders earned 4.87% a year before tax across all loans since 2015.

What the track records show

The gap between the advertised rate and what lenders keep is the most important number on a French lending platform. Property bonds paid more than renewable energy bonds, and they also carry the largest share of late money: at Finple and ClubFunding, a large part of the book was overdue or in proceedings in October 2026. Renewable energy platforms paid less, and their late shares were much smaller. On small-business and farm loans, losses took away about half of the contract rate at Pretup and all of it at MiiMOSA.

How crowdlending interest is taxed in France

For a French tax resident, interest from crowdlending is investment income. By default it is taxed at the flat rate (prélèvement forfaitaire unique): 12.8% income tax plus social charges, which rose to 18.6% from 1 January 2026, so 31.4% in total. You can choose the progressive income tax scale instead, but the choice then covers all your investment income for the year. The platform usually withholds an advance payment of 12.8% plus the social charges when interest is paid; households whose reference income is under €25,000 (single) or €50,000 (couple) can ask to be exempted from the 12.8% advance by 30 November of the year before. Non-residents are taxed differently and should check the platform's rules for a tax residence certificate.

What to check before you sign up

1. The AMF licence and whether it covers your country: some licences serve investors in France only.
2. What you buy. A loan or a bond, which company issues it, and where it ranks against the bank debt.
3. The security. A first-rank mortgage, a share pledge, a personal guarantee or nothing: it decides what is recovered if the project fails.
4. The performance page. Every platform must publish its default rates every year. Compare the share of money late by more than six months and the return after losses.
5. The exit. Most platforms in this guide have no secondary market: plan to hold every bond to the end of its term, and expect delays.
6. Spread it out. Small amounts over many projects and several platforms, and only money you will not need for five years.

The main risks