October is an investment and funding platform that aims to create an efficient link between lenders and companies. So far they have had 22,645 users lend €470M through October. This has earned the lenders €32M in interest.
October have a great offer at the moment of a free €20.00 for new users that create an account with them.
Two points to note.
- The free €20.00 has to be invested into their platform.
- To get the free €20.00 you have to deposit €500. However the €500 does not need to be invested. It can immediately be withdrawn. See Payment Proof I deposited €500 this triggered the €20 bonus. I then withdraw the €500 leaving the €20 free to invest.
Some benefits of October:
- You get to invest in smaller companies in Europe
- The interest rates up to 9.9%
- You can invest as little as €20.00
- You get monthly repayments
- No fees
Currently lots of the investments are backed up by the French and Netherlands Governments as part of their coronavirus support schemes. I was happy investing my money into a small local retail business knowing that it was helping them out from the problems they were facing with coronavirus and also my loan is backed by the Dutch Government. Its is win-win :)
To get this free €20.00 you will need to make sure you have a Euro account with an IBAN number. If you do not have an Euro account account already you can open an account with Bitwala or TransferWise.
Referral link Free €20.00
Non referral link No bonus
Ref feral code: KPARRY
Payment Proof (I have made €20.00 from the initial bonus and €60.00 from 3 people signing up with my link. To date I have, therefore, received €80.00 in bonuses.
- Sign up using My Referral Link or referral code: KPARRY
- Complete verification this includes (a color copy of your ID, a proof of residence, a bank statement from your Euro account.
- Complete a 5 min online quiz on investments to ensure you know the basics
- Deposit €500 into your October planform via SEPA (no fees to pay)
- Your account will immediately be credited with the free €20.00 Payment Proof
- You can then withdraw the €500 back to your bank via SEPA (no fees to pay)
- Invest your €20.00 whatever project takes your fancy. The projects have lengths of 6-36 months and interest rates between 2-10%.
- Share your referral link to get more bonuses for everyone that signs up with your link.
Let me know if you have any questions :)