Cofidis is a French company, now majority owned by
Crédit Mutuel
Crédit Mutuel is a French cooperative banking group, one of the country's top five banks with over 30 million customers. It traces its origins back to the German cooperative movement inspired by Friedrich Wilhelm Raiffeisen in Alsace–Lorraine ...
, 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
Cetelem or BNP Personal Finance is a French company specializing in consumer credit, online credit and credit cards. Cetelem is the commercial brand of financing of BNP Paribas, which is a wholly owned subsidiary of BNP Paribas, and specializes in ...
, Cofidis specialized in the
consumer credit
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), ...
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
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ...
,
Spain
, image_flag = Bandera de España.svg
, image_coat = Escudo de España (mazonado).svg
, national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond")
, national_anthem = (English: "Royal March")
, i ...
,
Portugal
Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...
,
Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...
,
Czech Republic
The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...
,
Greece
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with ...
and
Hungary
Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning of the Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia a ...
. 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
, 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
Cofidis is a French company, now majority owned by Crédit Mutuel, based in Villeneuve-d'Ascq.
Founded in 1982 by 3 Suisses International in cooperation with Cetelem, Cofidis specialized in the consumer credit business of the 3 Suisses Group. It ...
and sponsored the
Belgian Cup
The Belgian Cup (french: link=no, Coupe de Belgique; nl, Beker van België []; german: link=no, Belgischer Fußballpokal) is the main Single-elimination tournament, knockout association football, football competition in Belgium, run by the Belgia ...
of Association football, football from 2009 until 2015.
External links
Official siteCofidis Rachat de Crédits
Financial services companies of France
Villeneuve-d'Ascq
Crédit Mutuel
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