The collaborative financing platform will offer professional loans via three first partners: Partena, Accountable and Invest.BW.
Mozzeno launches a solution for white label business loans. The collaborative financing platform relies on a network of partners, who will offer these credit offers to their business customers (SMEs and self-employed). For the launch, Mozzeno is joining forces with the social secretariat Partena Professional, the fintech Accountable and the Walloon Brabant invest Invest.BW.
Created in 2017, Mozzeno allows individuals to indirectly finance projects carried out by other individuals or by professionals. Since its launch, the young shoot has mainly active in consumer credit. In this niche, it mainly offers its solutions directly to individuals, under its own brand.
“This white label offer allows us to quickly reach many customers.”
To develop its more recent offer of loans for professionals, the company has chosen to favor another approach. She relies on a partner networkto which it offers its white label professional credit solutions.
Partner companies include Mozzeno loans in their range of services. “This allows them to offer their customers an additional service and to make sure a new source of income. For us, this allows us to develop our business and quickly reach many customers,” explains Xavier Laoureux, co-founder of Mozzeno.
The business loans offered by Mozzeno are aimed at the self-employed and SMEs that have been in business for at least three years. They can be used to cover working capital needs, the purchase of a vehicle, the purchase of professional equipment, etc. The amounts granted are between 5,000 and 50,000 euros.
Access to customers
For the launch of this new white label offer, the collaborative financing platform has signed agreements with three quite different actors. The first is the social secretariat Professional Partner. Thanks to this collaboration, Mozzeno potentially has a access to a very large clientelecomposed of 81,000 companies and 135,000 self-employed.
The collaboration with Accountable is more specifically targeted at entrepreneurs and the self-employed. The fintech is developing an application allowing freelancers to manage their invoices and expense reports. Through the agreement with Mozzeno, they will therefore have access to funding proposals for their projects.
The partnership with Invest.BW is a little different. Mozzeno has signed with invest du Brabant wallon as part of a new financing service for Brabant companies. Invest.BW will offer many professional loans via the Mozzeno platform, in white label. On the other hand, the financing will not be provided by individuals, but by Invest.BW. In this case, the amount of the loan can go up to 100,000 euros.
“We want to significantly increase the share of professional loans in our activities.”
Last year, Mozzeno made it possible to grant loans for a total amount of 30 million euros. With its new offer, the collaborative financing platform approaches 2022 in an optimistic way. “We want to significantly increase the share of professional loans in our activities. In 2022, we aim to double the total amount of loans granted on our platform, to reach 60 million euros“says Xavier Laoureux, co-founder of Mozzeno.
- Mozzeno will offer white label professional loans.
- To reach its customers – SMEs and the self-employed – the collaborative financing platform relies on a network of partners.
- For the launch of this new product, Mozzeno is joining forces with the social secretariat Partena Professionnal, the fintech Accountable and the Walloon investment company Invest.BW.