Cofidis is a French company, now majority owned by
Crédit Mutuel, based in
Villeneuve-d'Ascq
Villeneuve-d'Ascq (; pcd, Neuvile-Ask) is a commune in the Nord department in northern France. With more than 60,000 inhabitants and 50,000 students, it is one of the main cities of the Métropole Européenne de Lille and the largest in area ( ...
.
Founded in 1982 by 3 Suisses International in cooperation with
Cetelem, Cofidis specialized in the
consumer credit business of the
3 Suisses Group. It has expanded since then.
Its business concept of offering customized consumer loans either by phone or over the Internet has been exported to other countries -
Belgium,
Spain,
Portugal,
Italy,
Czech Republic,
Greece,
Hungary and
Slovakia. In 2003, Cofidis combined with
Crédit Mutuel Nord Europe to found a new joint venture,
Créfidis. And in 2004, Cofidis acquired a 66% equity stake in
C2C, the financial services provider of the French
Camif Group.
Sport
The company is the owner of the professional
cycling team
A cycling team is a group of cycle sport, cyclists who join a team or are acquired and train together to compete in bicycle racing, bicycle races whether amateur or professional – and the supporting personnel. Cycling teams are most important i ...
Cofidis and sponsored the
Belgian Cup of
football
Football is a family of team sports that involve, to varying degrees, kicking a ball to score a goal. Unqualified, the word ''football'' normally means the form of football that is the most popular where the word is used. Sports commonly c ...
from 2009 until 2015.
External links
Official siteCofidis Rachat de Crédits
Financial services companies established in 1982
French companies established in 1982
2003 mergers and acquisitions
2004 mergers and acquisitions
Financial services companies of France
Villeneuve-d'Ascq
Crédit Mutuel
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