CASE STUDY - PSP Migration: How Credit.fr gained in efficiency with Lemonway?
Created in 2014, Credit.fr is a platform specialized in
lending to SMEs (crowdlending).
Whether needed for the purchase of machinery or business premises, carrying out construction work or buying out companies, Credit.fr grants loans for development projects as well as for financing working capital needs.
Subsidiary of Tikehau Capital since 2017, Credit.fr is the n°1 platform in terms of number of projects financed in France, in 2019. On a crowdlending platform generating so many financial flows, the role of the Payment Service Provider (PSP) is crucial.
In this case study, find out how Credit.fr change its payment service provider, without any service interruption and in a few weeks:
1. Why did Credit.fr choose Lemonway as their new PSP?
2. How does it work?
- Migration process
- The results
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