Mon Petit Placement raises 6.5 million euros from La France Mutualiste and its historical investors

Lyon, 17 October 2023 - Mon Petit Placement, the Lyon-based Fintech that democratises financial investment for individuals, announces that it has closed a new 6.5 million euro funding round. This new round was completed mainly with La France Mutualiste, with the support of Mon Petit Placement's historical investors. With this round, the startup aims to work on new distribution channels, continue to expand its offering to address the challenges facing the French, and become the reference platform for first-time investors. Mon Petit Placement is targeting financial breakeven by 2025, while continuing to work for the accessibility of savings products, with the support of La France Mutualiste. Founded more than 130 years ago, the La France Mutualiste group is a specialist in savings and retirement provision that supports more than 295,000 member-clients and manages 8.8 billion in assets. This funding round seals the coming together of two players driven by shared missions: democratising access to savings and investment products for individuals.

Mon Petit Placement, the pioneering Fintech for individual investment

At its previous funding round (6 million euros in November 2021), Mon Petit Placement set itself several objectives: continue structuring its teams in order to support its strong growth momentum, diversify its range of financial products in order to become the leader in investment for individuals in France, and pass the 100 million euro mark in assets under management and the 20,000 investor-client threshold. Mon Petit Placement today has 35 employees, 4 investment portfolios and 7 thematic and responsible investments, with to date 25,000 clients, 115 million euros in assets under management and a strategy of dynamic partnerships. The Fintech has therefore largely achieved its objectives. Mon Petit Placement has become an essential player in the French fintech ecosystem for individual savings.

2023 has in fact been a particularly busy year, with 4 new offerings launched: the anti-inflation portfolio (the first investment that makes it possible to fight the erosion of savings caused by inflation), an investment solution dedicated to children in January, the "Serenity" portfolio in March (a complement to the Livret A to secure one's future), then the Retirement offering in October (life insurance dedicated to preparing for retirement).

A funding round to broaden the offering and reach financial breakeven by 2025

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To support this growth momentum, Mon Petit Placement has just closed a new 6.5 million euro funding round, mainly with La France Mutualiste, and with the support of its historical investors.

Following this new funding round, Mon Petit Placement has clear objectives: reach financial breakeven by 2025 and take a new step in terms of maturity, both in its positioning and in its offering. Mon Petit Placement plans to launch several workstreams in 2024: work on its brand, product new features, new offerings and hiring (tech and product).

Beyond the funding round, synergies between the startup and La France Mutualiste to democratise investment

This funding round seals the coming together of two entities with aligned missions, working to democratise savings products and investment for individuals. Mon Petit Placement will distribute La France Mutualiste's life insurance and retirement savings plan (PER) products from 2024. For its part, La France Mutualiste will benefit from Mon Petit Placement's expertise in digitisation and will thus be able to develop its digital channels.

"We share with La France Mutualiste a similar culture and similar missions. This coming together allows us to continue our development with the support of a solid partner. We will be able to continue enriching our offering in order to make savings truly accessible to all, that is to say by addressing an overlooked audience that no one wants to advise today but who want to get started and be taken by the hand," Thomas Perret, Chairman and founder of Mon Petit Placement

"By collaborating with Mon Petit Placement, La France Mutualiste is entering the fintech sector to offer a broader, younger and renewed audience savings offerings accessible to all. This defence of savings power for all has been at the heart of our mutualist mission since our creation 130 years ago," Isabelle Le Bot, Chief Executive Officer of La France Mutualiste.

About Mon Petit Placement

Founded in 2017 by Thomas Perret and Thibault Jaillon, Mon Petit Placement is a Lyon-based fintech aiming to democratise financial investment for individuals. Mon Petit Placement allows its users to access high-end financial products and supports them in a personalised way in their investment strategy, through a simple and engaging interface, and financial advisors available 7 days a week. Mon Petit Placement offers 4 investment portfolios and 7 thematic and responsible investments. Backed by GENERALI and APICIL, Mon Petit Placement today has 25,000 clients and 115 million euros in assets under management.

More information on their website.

Mobile app available on the iOS and Android stores

Mon Petit Placement, SAS located at 13 Chemin du Saquin 69130 Ecully, registered with the Lyon Trade and Companies Register under no. 831051453, is an Insurance, Banking and Finance intermediary, a member of Anacofi (approved by the AMF) and registered with ORIAS under number 17005501 as a Financial Investment Advisor (CIF) and Insurance or Reinsurance Broker (COA).

Mon Petit Placement offers investments in unit-linked life insurance.

The value of unit-linked vehicles is not guaranteed but is subject to upward or downward fluctuations depending on the financial markets. Investment in unit-linked vehicles involves a risk of capital loss.

Past performance is not a guide to future performance.

Press contact: farah@guardians-relations-presse.com / 06 64 37 85 22

ABOUT LA FRANCE MUTUALISTE

A mutualist group created more than 130 years ago by Léon Guillot with the ambition of enabling all French people to build their retirement, La France Mutualiste brings together and supports more than 290,000 member-clients. A specialist in savings and retirement, as well as insurance and health solutions through its subsidiary Média Courtage, the group manages 8.8 billion euros in assets. Present throughout France through a network of 58 branches, La France Mutualiste maintains a close and trusting relationship with its members, in transparency and listening. It is this family spirit that drives and brings together its 535 employees and 260 volunteers.

Mutualist in its name and in its DNA, La France Mutualiste considers that acting as a group is essential to better defend each individual and that collective strength is essential to bring a better future to its members and to our world. Its societal commitment is reflected in particular by the support of numerous projects fostering intergenerational ties.

More information on their website.

La France Mutualiste, Tour Pacific, 11-13 cours Valmy, 92977 PARIS LA DEFENSE CEDEX, national retirement and savings mutual subject to the provisions of Book II of the Mutual Code, registered in the SIRENE directory under SIREN no. 775 691 132.

PRESS CONTACTS: Profile - Hina de Soultrait / Leslie Boutin - tel: 01 56 26 72 24 - hdesoultrait@agence-profile.com / lboutin@agence-profile.com

La France Mutualiste - Marine Lathuillière