Article Property Intermediate

Crowdlending in France: the platforms compared

Crowdlending in France: 8 AMF-licensed lending platforms compared on minimum, stated rate, security, late loans and how the interest is taxed in 2026.

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Crowdlending in France: the platforms compared

Key takeaways

  • France is the EU's largest crowdfunding market: €1.45bn was raised through providers there in 2024, mostly as bonds.
  • Every platform here holds an AMF licence under the EU crowdfunding regulation; none of it is covered by a deposit guarantee.
  • Stated rates are mostly contract rates: in October 2026 the share of money late or in proceedings ran from under 1% to over 40%.
  • From 1 January 2026, interest is taxed at a default flat rate of 31.4% (12.8% income tax plus 18.6% social charges).
In this guide
  1. How crowdlending works in France
  2. The platforms compared
  3. The platforms one by one
  4. What the track records show
  5. How crowdlending interest is taxed in France
  6. What to check before you sign up
  7. The main risks
  8. Summary

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.

€1.45bnraised through crowdfunding providers in France in 2024, the most in the EU
31.4%default flat tax on interest received in France from 1 Jan 2026
8French lending platforms compared in this guide (data as of Oct 2026)

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.

Tip

The AMF licence number (FP-…) is on every platform page on Crowdinform. You can look it up in the AMF and ESMA registers before you open an account.

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.

PlatformWhat you lend toMinimumRate stated by the platformAMF licence
BienpreterSmall French businesses€2012.44% a year net, all loans since 2018 (26 Oct 2026)FP-2023-38
ClubFundingProperty developers (bonds)€1,00010.59% average contract rate since 2015 (19 Oct 2026)FP-2023-40
EnerfipSolar, wind and other renewable energy projects€107.47% average rate since 2015; 7.00% after problem projects (26 Oct 2026)FP-2022-2
FinpleProperty developers and small firms (bonds)€5008.58% average contract rate since 2017 (1 Oct 2026)FP-2023-37
LendopolisRenewable energy projects (bonds)€506.19% average contract rate since 2014 (26 Oct 2026)FP-2023-22
LendosphereSolar, wind and biogas projects€506.35% average rate since 2015 (26 Oct 2026)FP-2023-22
MiiMOSAFarms, food businesses and farm energy€1005.55% average contract rate since 2018; −0.52% a year after losses (27 Oct 2026)FP-2024-5
PretupSmall businesses€209.02% average contract rate; 4.87% a year after losses, since 2015 (Oct 2026)FP-2024-7

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

Read nextHow to choose a crowdlending platformThe questions to ask before you lend your first euro.Read the guide →

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.

Watch out

"No losses" often means "nothing written off yet". Loans in insolvency proceedings are usually counted as lost only when the proceedings end, which can take years. Look at the share of money more than six months late, not only at final losses.

The bigger pictureFrance crowdfunding market report 2026Trends, platforms and the whole French market beyond lending.Read the report →

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.
Read nextWhat is debt crowdfunding?Loans, bonds and how lenders get paid, explained from the start.Read the guide →

The main risks

Risk

Crowdlending is not a savings account. Borrowers can pay late or not at all, security can be worth less than the loan, recovery can take years, and most bonds cannot be sold before their term ends. The platform itself can fail. None of it is covered by a deposit guarantee.

Summary

France has the largest crowdfunding market in the EU, and its lending platforms all work under an AMF licence under the EU regulation. They range from renewable energy bonds from €10 to property bonds from €1,000. The rates on offer are contract rates: in October 2026 the share of money late or in proceedings ran from under 1% to over 40% depending on the platform, and interest is taxed at 31.4% by default from 2026. Compare the performance pages, not the headline rates, and spread small amounts.

Capital at risk. Crowdfunding investments are not covered by deposit guarantee schemes, can lose part or all of their value, and may be hard to sell before the end of their term. This guide is information, not personal investment advice.

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Eugene Sokolovs Expert

Founder of Crowdinform

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