The aim of Mon Petit Placement is to make premium financial investment accessible to individuals. This new round of financing aims to make the start-up a key player in its ecosystem.
Lyon, 16 November 2021 - 18 months after the launch of its commercial offer, the Lyon-based fintech Mon Petit Placement has closed a €6 million fundraising round, with the participation of the French Tech Seed fund managed on behalf of the French government by Bpifrance as part of the Future Investment Programme, Insurtech Capital, Weaving Invest, Aonia Ventures and French Founders. All of the start-up's historical investors are also participating in this round of financing.
With this new fundraising round, Mon Petit Placement intends to pursue and boost its growth dynamic, through:
- The structuring of its teams; the fintech plans to double its workforce by 2022, in particular through the recruitment of senior profiles;
- The diversification of its financial product offering, in particular with the development of its own Mon Petit Placement portfolio.
- The strengthening of its community vector, to ensure that the investment experience is always at the heart of the company's added value, in particular through the development of new functionalities within its new mobile application; and
- The ongoing industrialization of its R&D developments, particularly those based on AI technology (automated video generation, decision support tools for advisers, etc.).
Mon Petit Placement aspires to become France’s leading investment company for individuals.
"This fundraising is another step for Mon Petit Placement in its desire to democratize financial investment among individuals," explains Thomas Perret, founder of Mon Petit Placement. "Our ambition is to help French people turn from savers to investors by offering them personalized support, top-of-the-range products and the possibility of making their money grow while supporting causes that are close to their hearts. We combine the best of both worlds in a single, user-friendly service: the proximity usually offered by traditional banks and the agility of pure players, all supported by highly innovative technological tools.”
"After supporting Mon Petit Placement with convertible bonds as part of the French Tech Seed scheme, with the support of the Pouss@lys consortium, Bpifrance is proud to support its commercial acceleration and the continuation of its technological innovations. We were particularly impressed by the unique user experience offered by the investment platform and the personalised support package combining proximity and education," emphasizes Emmanuel Audouard, Director of the Transversal Venture Capital Investment Division at Bpifrance.
"We are delighted to participate in this round of financing. Our objective alongside Mon Petit Placement is twofold: first, to support the company's growth, in particular through its partnership with APICIL Group; second, to develop its direct investment offer but also the measurement of impact investing," adds Minh Q. TRAN, Managing Partner of Insurtech Capital managed by Mandalore Partners.
Mon Petit Placement: democratising investment for individuals
Founded by Thomas Perret, Margaux Belhade and Thibault Jaillon in 2017, Mon Petit Placement makes financial investment more accessible to individuals. With its low entry fee (only €300), it gives its users access to high-end financial products, previously reserved for wealthy clients. It also provides them with personalised support in their investment strategy by offering four portfolios adapted to their risk profile (Voluntary, Energetic, Ambitious, Fearless).
Mon Petit Placement also launched a responsible offer allowing savers to invest, diversify and boost their capital while having a positive impact (Equality, Employment, Climate, Solidarity, Tech, Health portfolios). This offer has since been supplemented by a "Revival" portfolio aimed at giving everyone the opportunity to actively support the economy following the health crisis. Finally, the fintech recently launched its mobile application, allowing users to easily track the evolution of their investment.
The innovative concept of Mon Petit Placement has attracted more than 8,000 customers since its commercial launch in February 2020, with a total amount under management of almost €30m. The project has also met with the support of leading partners in the financial sector, including APICIL and GENERALI, and more recently numerous French fintechs including Bankin' and Lydia.
At the same time, Mon Petit Placement has structured its teams, increasing from 25 to 40 employees in 2021. The staff will be based at its new headquarters in the Brotteaux district of Lyon, which covers 400m2 and into which the start-up moved during the summer.
About Mon Petit Placement
Founded by Thomas Perret, Margaux Belhade and Thibault Jaillon, Mon Petit Placement is a Lyon-based fintech aiming at democratising private management. Based on the observation that the majority of savers are often oriented towards traditional savings products and are poorly informed about financial mechanisms, Mon Petit Placement provides its users with personalised support in their investment strategy through a simple and educational interface and allows them to access high-end financial products previously reserved for wealthy clients. Mon Petit Placement offers 4 investment portfolios (Voluntary - Energetic - Ambitious - Intrepid) for different levels of return, according to the risk profiles of individual investors, and gives them the freedom to transfer their savings whenever they wish. Mon Petit Placement also offers a range of thematic and responsible investments designed to give meaning to savings. Divided into seven portfolios - Equality, Employment, Climate, Solidarity, Tech, Health and Stimulus - this offer makes it possible to reconcile financial performance and positive impact.
More information on www.monpetitplacement.fr – Mobile app available on iOS et Android.
About Bpifrance and French Tech Seed Fund
Bpifrance finances companies - at every stage of their development - with credit, guarantees and equity. Bpifrance supports them in their innovation and international projects. Bpifrance also ensures their export activity through a wide range of products. Advice, university, networking and acceleration programmes for start-ups, SMEs and ETIs are also part of the offer to entrepreneurs.
Thanks to Bpifrance and its 50 regional offices, entrepreneurs benefit from a close, single and efficient contact to help them face their challenges.
The €500 million French Tech Seed Fund aims to support the fundraising of innovative start-ups and VSEs under the age of 3 that are carrying out technology-intensive innovations. Resulting from the "Programme d'investissements d'avenir” (PIA) and operated by Bpifrance, the fund relies on approved business providers, responsible for identifying and qualifying these start-ups and putting them in touch with private investors. These business introducers, who guarantee the technological validity of the project, will allow public investment in the form of Convertible Bonds of up to €400 million, in addition to the capital provided by private investors. In addition, €100 million will be dedicated to equity investments in addition to the conversion of the Convertible Bonds.
About « Programme d’Investissement d’Avenir » (PIA) :
The PIA, which has been in place for 10 years and is managed by the General Secretariat for Investment reporting to the Prime Minister, finances innovative projects that contribute to the transformation of the country, sustainable growth and the creation of the jobs of tomorrow. From the emergence of an idea to the distribution of a new product or service, the PIA supports the entire life cycle of innovation, between the public and private sectors, alongside economic, academic, territorial and European partners. These investments are based on a demanding doctrine, open selective procedures, and principles of co-financing or returns on investment for the State.
The fourth PIA (PIA4) is endowed with €20 billion in commitments over the period 2021-2025, of which €11 billion will contribute to supporting innovative projects within the framework of the France Revival Plan. The PIA will continue to support innovation in all its forms over the long term, so that our country can strengthen its positions in sectors of the future, in the service of competitiveness, the ecological transition, and the independence of our economy and our organisations.
More information on: www.gouvernement.fr/secretariat-general-pour-l-investissement-sgpi - @SGPI_avenir
About Insurtech Capital managed by Mandalore Partners
Mandalore Partners is a (Corporate) Venture Capital-as-a-Service for corporations, family offices and companies seeking to de-risk their innovation programs through strategic and financial investments with impact measurement. It combines global sourcing based on artificial intelligence and a unique asset-builder methodology to develop innovative technologies with corporates. With Insurtech Capital, its fund dedicated to the APICIL group, Mandalore Partners invests in technologies around the insurance, asset management and wealth technologies.
About Weaving Invest
Founded in 2016, Weaving Invest focuses its investments in on the transformation and creation of products or services that make the daily life of companies or people easier. Its investments are dedicated to strengthening the equity of companies at all stages of maturity: an investment of between €500K and €3M and systematic representation in the corporate bodies. Weaving Invest is a subsidiary of the Weaving Group, itself founded in 1983.
More information on www.weaving-invest.com