Cofidis

What Cofidis does

Cofidis is a French consumer credit institution founded in 1982 and headquartered in Villeneuve d'Ascq (France). It operates as a wholly-owned subsidiary of Crédit Mutuel Alliance Fédérale, holds an ACPR specialized credit institution license, and serves individual French consumers through three core product lines: Prêt Personnel (unsecured personal loans from €500 to €35,000), Crédit Renouvelable (revolving credit from €21/month), and Rachat de Crédit (debt consolidation up to €80,000). These are supplemented by specialized financing products (Crédit Auto, Crédit Vélo, Prêt Rénovation Énergétique, Prêt Travaux) and a broked insurance distribution line (credit, home, and protection products underwritten by ACM VIE SA and ACM IARD SA).

The technology stack centers on a direct-to-consumer online lending platform with self-service simulation, application, and account management via cofidis.fr and dedicated iOS/Android apps. Underwriting combines statistical credit scoring (matching applicants to cohorts of similar past borrowers) with AI-powered fraud detection (ThreatMetrix device fingerprinting), secure bank account aggregation for behavioral analysis, and OCR-driven document verification. Distribution is exclusively digital and remote: an 800+ advisor phone operation paired with 24/7 online access and accessibility services (DeafiLine sign-language support). Carizy, a used-vehicle financing platform acquired in February 2024, extends reach into automotive sales channels.

Revenue mechanics comprise interest income on installment and revolving balances (the principal recurring stream), loan-origination economics on consolidation products, broker commissions on distributed insurance, and transaction fees on DSP2-compliant payment services (Cofidis Pay). The company was awarded EcoVadis Silver Medal for the second consecutive year in January 2026 and has won the Service Client de l'Année award eight times, including 2026.

Name

Cofidis

Legal name

Cofidis SA

Website

https://cofidis.fr

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Cofidis is a French consumer credit institution (founded 1982) and subsidiary of Crédit Mutuel Alliance Fédérale that offers personal loans, revolving credit, debt consolidation, insurance, and mobile payments to individual French consumers through digital and phone channels.

Ownership category

akta.pro rank

Headquarters

HQ city

Tressin

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Personal Loans (Prêt Personnel): Fixed-rate installment loans offered from €500 to €35,000 for various purposes (auto, home improvement, travel, etc.). Revenue generated through interest charged on the principal amount repaid over the loan term.
2. Revolving Credit (Crédit Renouvelable): Revolving credit facility allowing drawdowns up to a set limit with flexible repayments starting from €21/month for €500 used. Interest accrues on outstanding balance, providing ongoing revenue stream.
3. Loan Consolidation (Rachat de Crédit): Debt consolidation service combining multiple existing loans into a single repayment. Revenue generated through interest on the consolidated loan amount.
4. Insurance Distribution: Cofidis acts as insurance broker distributing credit insurance, home insurance, and other protection products from ACM VIE SA and ACM IARD SA, earning commissions on premiums.
5. Payment Services (Cofidis Pay): Digital payment services including mobile payment solutions and card-based transactions under DSP2 compliance.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Cofidis is a French consumer credit institution offering unsecured personal loans (€500–€35,000), revolving credit lines (starting at €21/month for €500 used), and debt consolidation (€3,000–€80,000), complemented by insurance distribution (credit insurance, home insurance, death/disability, unemployment protection) acting as broker for ACM VIE SA and ACM IARD SA, and digital payment services (Cofidis Pay) under DSP2 compliance.

Product overview

Cofidis is a French consumer credit and financial services company offering a comprehensive portfolio of lending and insurance products. The core offerings consist of three main credit products: Prêt Personnel (unsecured personal loans from 500€ to 35,000€), Crédit Renouvelable (revolving credit starting at 21€/month), and Rachat de Crédit (debt consolidation). These are supported by specialized financing products including Crédit Auto, Crédit Vélo, Prêt Rénovation Énergétique, and Prêt Travaux. Cofidis also distributes insurance products including credit insurance and home insurance. The company serves customers through multiple channels including its website, mobile applications (Cofidis mobile app and Cofidis Pay), and customer service centers. The product ecosystem is complemented by online tools such as simulators and an accessible client portal, and includes acquired subsidiary Carizy for auto-related services.

Differentiator

Problem solved

Functional benefit

Brands

• Cofidis Compétition: Professional cycling team sponsored by Cofidis
• Creatis
• Monabanq

Products and services

• Prêt Personnel Unsecured personal loan for financing personal projects without usage justification, ranging from €500 to €35,000. Offered to French individual consumers via cofidis.fr.
• Crédit Renouvelable Revolving credit line providing flexible financing for unexpected expenses, starting at €21/month for €500 used. Reusable drawdowns up to a set limit, with interest accruing on the outstanding balance.
• Rachat de Crédit Credit consolidation service combining multiple existing loans into a single repayment, reducing monthly payments and simplifying debt management.
• Crédit Auto Specialized financing for vehicle purchases including cars, motorcycles, scooters, and camping cars, for individual French consumers.
• Crédit Vélo Financing solution for bicycle purchases with included Casse Vol insurance coverage for 12 months, supporting low-carbon mobility.
• Prêt Rénovation Énergétique Specialized loan for energy-efficient home improvements and renovations for French individual consumers.
• Prêt Travaux Home improvement and renovation financing covering interior, exterior, bathrooms, kitchens, and other construction projects for French homeowners.
• Crédit Consommation General purpose consumer credit for various personal spending needs from €500 to €6,000 for smaller projects.
• Assurance Crédit Credit insurance protecting borrowers against life events such as illness, accident, job loss, or death, preserving their standard of living and ability to meet repayment obligations.
• Assurance Multirisque Habitation Home insurance providing comprehensive coverage for residential properties, distributed by Cofidis as insurance broker.
• Cofidis Pay Mobile payment application available on iOS and Android for managing credit accounts and payments on the go, including mobile payment functionality compliant with DSP2 regulations.
• Application Mobile Cofidis Dedicated smartphone application for iOS and Android providing 24/7 access to credit accounts, balance checks, and financing requests.
• Carizy (acquired subsidiary) Vehicle buying and selling platform acquired by Cofidis Group to support used-car financing services and expand auto credit offerings.

Quantifiable outcome

• 48h fund disbursement after credit approval
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• uvexminorGTM or Marketing Partner · 16 January 2026uvex, German protective equipment company celebrating its 100th anniversary, became equipment partner for the Cofidis cycling team for three seasons until end of 2028. uvex supplies helmets and glasses (surge aero MIPS and race 8 time trial helmets) to men's and women's teams, with rider feedback loop for product optimization.
• AzfalteminorStrategic or Co-development Partner · 24 April 2024Cofidis Group partnered with Azfalte to inaugurate one of France's largest corporate bike fleets, supporting employee mobility and sustainable transportation.
• HerezieminorGTM or Marketing Partner · 22 March 2024Herezie is the creative advertising agency for Cofidis's new 'projets' (projects) advertising campaign targeting French consumers with messaging around project financing.
• CarizycoreStrategic or Co-development Partner · 1 February 2024Cofidis Group acquired 100% of Carizy's capital and voting rights, making Carizy a subsidiary of Cofidis SA. Carizy specializes in used vehicle financing, expanding Cofidis's auto credit offerings.
• CSA ResearchminorStrategic or Co-development Partner · 1 September 2023Cofidis partners with CSA Research for its annual barometer studies on French purchasing power and consumer budget surveys, including the Questions de Budget initiative.
• Médiateur de l'Association Française des Sociétés Financières (ASF)coreOthersOfficial mediation body for consumer credit disputes. Cofidis commits to the ASF mediation process for unresolved customer complaints within 2 months, with the mediator providing recommendations within 3 months.
• ACM VIE SA and ACM IARD SAcoreChannel Partner/ Reseller/ DistributorInsurance companies for which Cofidis acts as broker distributing credit insurance, death/disability, unemployment, and home insurance products. Cofidis receives commissions on distributed policies.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Klarna: Swedish BNPL and consumer credit fintech with growing presence in France. Overlaps with Cofidis on flexible short-term consumer credit, though with a card- and app-led rather than installment-loan-led model.
• Affirm: US-listed BNPL and consumer credit provider offering installment loans and revolving credit. Comparable product mechanism to Cofidis's Prêt Personnel and Crédit Renouvelable, though primarily US-focused.

Direct peers

• Cetelem (BNP Paribas Personal Finance): Consumer credit arm of BNP Paribas, the largest personal loan and revolving credit provider in France. Directly comparable to Cofidis across personal loans, revolving credit, and dealer/auto financing.
• Floa Bank: French consumer credit and payment institution (formerly Floa, partner of Crédit Mutuel Arkéa and Casino) offering split payments, personal loans, and revolving credit. Direct overlap with Cofidis's revolving and BNPL-like products.
• Younited Credit: French fintech specializing in personal loans with a digital-first, direct-to-consumer model. Competes head-to-head with Cofidis in the French personal loan market and has expanded across Europe.
• Franfinance (Société Générale): Consumer credit subsidiary of Société Générale offering personal loans, revolving credit, and auto financing in France. Directly comparable business model and product portfolio to Cofidis.
• Oney Bank: French consumer credit and payment provider (Banque Accord), now part of BPCE group, offering revolving credit, personal loans, and BNPL-style solutions — directly overlapping Cofidis's product set.
• Sofinco (Crédit Agricole Personal Finance): Consumer credit subsidiary of Crédit Agricole, offering personal loans, revolving credit, and auto financing in France. Closely comparable product mix and distribution model to Cofidis.

Broad incumbents

• LendingClub: US-based digital personal-loan and consumer credit marketplace. Comparable direct-to-consumer personal loan model to Cofidis's Prêt Personnel, though operating in a different regulatory and geographic market.
• Crédit Mutuel Arkéa: French mutual banking group and parent of Floa Bank. Competes with Cofidis (part of rival Crédit Mutuel Alliance Fédérale) across retail banking, consumer credit, and digital banking services in France.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights8 records

Customer concentration

• Xx.com/cofidis
• LinkedInlinkedin.com/company/cofidis-france

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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 Cofidis