Smart Lenders AM, a firm that invests in marketplace lending, has received an equity investment from Matmut, according to a company release. Matmut is said to have been an investor in the Moonstone Lending Fund, the main investment vehicle managed by Smart Lenders. Matmut reportedly has taken a 5% equity stake in the firm.
Erich Bonnet, Chairman of Smart Lenders AM, issued the following statement:
“We are very happy and honored with the arrival of Matmut in our [platform]. Such a prestigious shareholder gives credibility to our approach, our expertise, and our status as a leader in our industry. “
Stéphane Muller, Deputy General Manager of Matmut, in charge of Economic and Financial Management added:
“The technology developed by this close-knit team [has] allowed “disintermediated” access to this asset class whose performance and resilience during the [health] crisis that we are going through make it a source of attraction for insurers under Solva2. We are considering many future areas of development and collaboration … Our equity investments in innovative structures allow us both agility in our own investments but also eventually, offer other financial products to our members. “
Smart Lenders AM is a company specializing in the management of loan portfolios the issuance and negotiation of which are carried out through online lending platforms or marketplace lending platforms. Originally launched in London, the company is now operating in Paris.
Since platform launch, Smart Lenders reports that it has invested over $ 800 million in online loans.