Clubfunding

What Clubfunding does

ClubFunding is a Paris-based regulated crowdfunding platform founded in 2015 that connects individual and institutional investors with French SMEs and real estate projects, primarily through real estate debt and equity offerings and curated structured products. The platform enables investments from a €1,000 minimum and reports over €2 billion cumulatively deployed across more than 40,000 registered investors, with an average IRR of 9.95% calculated on fully repaid alternative financing arrangements since 2015. It operates a horizontal, self-serve model targeting retail investors who seek access to private markets traditionally reserved for institutional players.

The platform is delivered as a web application complemented by native iOS and Android apps, with integrated electronic-payment processing handled through its Electronic Currency Trezor subsidiary (CIB 16798). Deal origination, vetting, and portfolio management are supported by a separate AMF-approved portfolio management subsidiary, ClubFunding Asset Management (GP-250000025). ClubFunding itself is regulated as a PSFP by the AMF under FP-2023-40, registered with the ACPR under 732445, and holds the European Crowdfunding Service Provider (ERCSP) label, with operations in France (Paris HQ) and Spain (Madrid). The product surface includes real estate debt, equity, and exclusive structured products, with yields typically distributed monthly or quarterly.

Revenue is generated primarily through transaction fees on the issuer side; investors are not charged entry, arbitration, or payment fees. The company supplements crowdfunding placement with asset management fees via its regulated subsidiary. Following a €125 million capital raise in September 2022 from Bpifrance, EMZ Partners, Florac, and Peninsula Capital, ClubFunding has prioritized international expansion, with Spain as its first market outside France. The co-founder and CEO is David El Nouchi, and the group operates with 51-100 employees across its two geographies.

Name

Clubfunding

Legal name

ClubFunding SAS

Website

https://clubfunding.fr

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

ClubFunding is a French-regulated crowdfunding platform connecting 40,000+ investors with SME, real estate debt, equity, and structured product opportunities, operating in France and Spain with AMF and ACPR approvals.

Ownership category

akta.pro rank

Product category

Private Investment / Crowdfunding Platform

NAICS

Credit Unions (522130)

SIC

Loan Brokers (6163)

akta.pro primary industry

Alcohol Subscription Clubs & Membership Retail (CRANAAAI)

Keywords

• Crowdfunding platform
• Private debt investment
• Real estate crowdfunding
• Alternative finance
• Structured investment products

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Platform transaction fees: ClubFunding generates revenue by facilitating investment deals between project issuers and investors. The platform curates and lists real estate debt and equity opportunities, earning a fee from project developers/issuers for access to the investor base. No entry fees, arbitration fees, or payment fees are charged to investors, suggesting revenue comes from the borrower/issuer side of transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

ClubFunding is an AMF-regulated crowdfunding platform that connects individual and institutional investors with French SMEs and real estate developers through private debt (bonds), equity, and structured product opportunities. Investors can participate from a EUR 1,000 minimum with monthly or quarterly yield distributions, while project issuers access an alternative financing channel beyond traditional bank lending. The offering is delivered via a web platform and native iOS/Android applications under the ClubFunding® and ClubFunding Asset Management® brands.

Product overview

ClubFunding operates as a unified private investment platform offering three main product categories: real estate debt crowdfunding, equity investments, and exclusive structured products. The platform allows investors to invest from EUR 1,000 with returns paid monthly or quarterly. ClubFunding positions itself as a crowdfunding platform connecting investors with carefully selected real estate and private market opportunities, differentiating through its curated selection process, regulatory approval as a PSFP provider, and availability via web and mobile applications (iOS and Android).

Differentiator

Problem solved

Functional benefit

Products and services

• ClubFunding Private Investment Platform AMF-regulated (PSFP FP-2023-40) web and mobile crowdfunding platform enabling individual and institutional investors to access real estate debt, equity, and structured product opportunities from EUR 1,000, with monthly or quarterly yield distributions and no entry, arbitration, or payment fees.
• Real Estate Debt Crowdfunding Debt financing products for real estate projects listed by vetted developers on the ClubFunding platform, offering projected annual returns (e.g., 12% on representative deals such as the Coquelles project) with target durations of around 12 months.
• Equity Investments Equity investment products allowing investors to acquire ownership stakes in vetted private projects, enabling portfolio diversification beyond traditional fixed-income offerings.
• Structured Products Exclusive structured financial products carefully selected by ClubFunding experts, offering time-limited opportunities with varying risk-return profiles available only on the platform.
• ClubFunding Mobile Applications Native iOS and Android applications available on the Apple App Store and Google Play that mirror the ClubFunding platform, enabling investors to compose portfolios, monitor returns, and execute direct-debit investments on mobile devices.

Quantifiable outcome

• 2+ billion euros invested through the platform
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• October (formerly Lendix): French SME lending platform operating under similar European crowdfunding regulations, connecting institutional and retail investors with business loans. Directly comparable in target customers, regulatory regime, and asset class (private debt) to Clubfunding.
• Homunity: French real estate crowdfunding platform offering fractional property investments to retail investors. Closely overlaps with Clubfunding's real estate debt focus and serves the same French retail investor segment with a comparable fee model.
• Anaxago: Paris-based private investment platform offering real estate and SME equity/debt opportunities to individual investors. Direct competitor in the French regulated crowdfunding market with similar minimum ticket sizes and curated deal flow.
• Wiseed: French crowdfunding platform combining equity investments in startups and real estate projects. Competes directly with Clubfunding for retail investor capital in the French private investment market.
• Housers: Spanish and Italian real estate crowdfunding platform offering fractional property investments to retail investors. Comparable business model and asset class to Clubfunding's real estate debt offering, with overlapping Mediterranean geographic focus.
• EstateGuru: European real estate crowdfunding marketplace operating across multiple EU countries under the ECSP regulation. Highly comparable in product offering (real estate-backed loans), investor base, and pan-European regulatory posture.
• Raizers: French real estate crowdfunding platform connecting investors with property developers and project sponsors. Directly competes in the French real estate debt segment that anchors Clubfunding's core offering.
• Lendosphere: French crowdfunding platform specializing in energy transition and real estate project debt. Comparable in regulatory framework (PSFP), target investor base, and revenue model (transaction fees from deal facilitation).

Broad incumbents

• Mintos: Large European marketplace for consumer and business loans from multiple originators. Broader platform with similar intermediary role between borrowers and retail investors, but operating at significantly larger scale and more diversified asset base.
• Younited Credit: European consumer credit platform operating in France and multiple EU markets with both B2C and B2B2C distribution. Comparable French origin, regulated lender status, and digital-first retail investor/lender model, though focused on consumer rather than SME/real estate credit.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/clubfunding1

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clubfunding