Finple - Risk and return review
Finple - Returns and loss rates
Investment maturity
Finple – Platform statistics 2026
18500
investors
Finple – Pros & Cons
About Finple
What it is
Finple is a French crowdfunding platform based in Vertou, near Nantes, founded in 2013. Investors buy bonds issued mainly by property developers, and some by other small and mid-sized companies. Since 2017 it has financed 217 projects for €268.2 million: 194 property projects (€248.0 million) and 23 company projects (€20.2 million), as of 1 October 2026. Its own figures show that a large part of this money is in trouble: 41.8% of everything lent since 2017 is more than six months late or caught in insolvency proceedings.
How it works
You choose a project and subscribe to its bonds from €500. The bonds pay a fixed interest rate, now advertised at 9% to 12% a year gross, over 6 to 24 months, and are repaid when the developer sells or refinances. Each project goes through an internal audit, a pre-committee and a validation committee before it is put online, and Finple meets each issuer every quarter. Only investors in France can invest.
Returns
The average interest rate agreed on all projects since 2017 is about 8.58% a year (8.54% on property, 9.10% on companies), calculated from the platform's own figures as of 1 October 2026. Property projects in 2026 carry 10.16%. The home page advertises up to 12% a year and says the rate is not guaranteed. These are contract rates, not what investors actually received: Finple publishes no return after late payments and losses, and with so many projects late, investors' real results are likely to be well below these rates.
Losses and defaults
On 1 October 2026, €112.2 million, or 41.8% of all money lent since 2017, was more than six months late or in insolvency proceedings. Measured against the roughly €153 million still owed to investors, that is about 73%. Only €25.6 million, about one euro in six still owed, was being repaid on the original schedule (all calculated from the platform's own figures). In property, 27 projects (€53.3 million) were more than six months late and 29 (€49.0 million) were in insolvency proceedings; in companies, 4 projects (€3.1 million) were more than six months late and 10 (€6.8 million) in proceedings. Even among the 111 projects repaid, 36 repaid late. Only two company projects have been written off so far, a loss of €2.15 million, which is 0.8% of all money lent. No property loss has been booked despite the 29 property projects in insolvency, so final losses could be much higher. Finple publishes no default definition, no default rate and no recovery figures.
How we read these figures: so much money in default points to weak checks of whether projects' cash flow can repay the loans. The low loss booked so far (0.8%) would point to security that is valued well and recovered, but Finple publishes no recovery figures and has booked no property loss despite 29 property projects in insolvency, so that has not yet been shown.
What secures your money
Finple does not say what usually secures its bonds. Guarantees are agreed project by project, and its committee may ask for extra security, but no mortgage ranks, property values or loan-to-value figures are published. There is no reserve fund, buyback or insurance at platform level. What happens when an issuer falls behind, and how much has been recovered from failed projects, is not published. In plain words: most of the money still owed is either long overdue or in insolvency, and it is not known how much the security will bring back.
Who runs it and its licence
FINPLE SAS (SIREN 794 570 994, Vertou, France) has been authorised by the French financial markets regulator AMF as a crowdfunding service provider since 24 November 2023 (FP-2023-37). It has no EU passport, so it may serve investors in France only. From 2015 it was registered as a crowdfunding adviser. Its company accounts have been kept confidential since 2019, so its own financial health cannot be checked.
Fees
Finple charges investors no entry, exit, transaction or monitoring fees on bonds. It is paid by the companies that raise money. French tax applies to the interest.
Getting your money out
There is no secondary market, so you cannot sell your bonds; you wait for the issuer to repay. With 41.8% of all money lent more than six months late or in insolvency proceedings, many investors are waiting well beyond the planned 6 to 24 months. Payments run through Lemonway, a payment institution authorised by the French banking supervisor ACPR.
Our view
Return: Medium — an average contract rate of about 8.58% a year on all projects since 2017, not a realised return. Risk: High (higher means more risk) — written-off losses of 0.8% would read low on their own, but we rate it two steps worse because the platform's own tables show about 73% of the money still owed more than six months late or in insolvency proceedings, no property loss has been booked yet, and its accounts are confidential. Losses could end up far higher than 0.8%. The very high share in default points to weak checks of projects' cash flow; the low loss booked so far would point to well-valued security, but no recovery figures prove it yet. Risk-return: Low — the advertised rates do not make up for a book where more than four in ten euros lent since 2017 are seriously late or in proceedings.
Regulation
License / Regulation: FINPLE SAS (France, SIREN 794 570 994) is authorised by the Autorité des marchés financiers (AMF) as a crowdfunding service provider (prestataire de services de financement participatif) under the EU crowdfunding regulation, licence FP-2023-37, granted 24 November 2023, for placing bonds and receiving and transmitting orders. It has no EU passport and may serve investors in France only. Before that it was registered as a crowdfunding adviser (ORIAS 15004344) from 2015. No deposit guarantee or investor compensation scheme covers the bonds.
Functionality
For Investors
Useful Information
Yes. The French regulator AMF authorised FINPLE SAS as a crowdfunding service provider on 24 November 2023 (FP-2023-37). It has no EU passport, so it serves investors in France only.
Payments run through Lemonway, a payment institution authorised by the French banking supervisor ACPR. Finple does not hold investors' money itself. Once invested, your money is lent to the issuing company through its bonds.
€500 per project.
Projects since 2017 agreed about 8.58% a year on average, and new offers advertise 9% to 12%. But on 1 October 2026, 41.8% of all money lent since 2017 was more than six months late or in insolvency proceedings, about 73% of what is still owed. Only €2.15 million (0.8%) has been written off so far, so final losses could be much higher.
Finple does not publish what usually secures its bonds: guarantees are agreed project by project, with no mortgage ranks or property values shown. There is no reserve fund, buyback or insurance. Recoveries from failed projects are not published.
No. There is no secondary market, so you wait for the issuer to repay. Bonds are planned for 6 to 24 months, but with so many projects late or in insolvency proceedings, many investors are waiting much longer.
None to Finple: there are no entry, exit, transaction or monitoring fees on bonds. French tax applies to the interest.
If an issuer fails, its project enters insolvency proceedings and you wait for what the proceedings recover, which can take years and may return little; 39 projects were in proceedings on 1 October 2026. If Finple itself failed, the bonds would remain claims on the issuers and the money flows sit with Lemonway, but no compensation scheme covers losses.
A lot. On 1 October 2026, 31 projects (€56.5 million) were more than six months late and 39 (€55.7 million) were in insolvency proceedings, together 41.8% of all money lent since 2017. Only €25.6 million of the roughly €153 million still owed was being repaid on the original schedule.
