Lendix is one of the leading European players in the crowdlending sector for SMEs and although it is not yet active in the UK or outside of Europe, it sure is expanding fast. Currently present in 3 countries (France, Spain and Italy) it will be offering its services also in Germany and the Netherlands by the end of the year.
The Fintech wanted to exploit its international nature to study the behaviour of its investors and therefore launched a study called ‘Europe of Savings’. The research was born with the aim of identifying and analyzing differences and common trends in the investment habits of the various countries examined in the social lending sector.
So what are investors’ preferences?
The key findings of the report were the following:
– The French investor prefers grade A projects with a duration of 37 to 48 months.
– Spaniards are the most risk-averse and tend to invest more in projects with A and A + grades, but are not opposed to longer durations.
– Italian investors are the most risk-prone: they prefer B rated projects but with shorter durations (0-24 months).
This data shows that the Lendix community invests 11% more on A, A + and B + projects than on B or C ratings. Moreover, the duration seems to have a relative impact in terms of amounts invested, even if investors are more attentive to this parameter in the case of small projects (amounts up to 100,000 euros). In general, the community invests 32% more in long-term projects.
Investors are starting to look beyond their borders
Overall, Lendix investors tend to prefer projects in their own country (they invest 12% more locally on average). “Even if investors still tend to favor the local economic fabric and therefore prefer to opt for projects closer to them, we are pleased to see how they are starting to look beyond their borders”, explains Sergio Zocchi, CEO of Lendix Italia. “In an increasingly global market, we believe that offering Lendix the opportunity to invest in crowd-lending across several countries is a proposal of certain appeal for investors”.