Tudigo, a French crowdfunding platform, was placed under court-ordered receivership in early August. According to BFM Business, the suspension of payments was recorded on 31 July 2026, and the opening of the procedure is said to have been ordered on 5 August by the Bordeaux commercial court.
Founded in 2015 under the name Bulb in Town, the company claims more than 200 million euros invested on its platform since its creation, as well as 300 fundraisings completed. Crowdfunding allows funds to be raised via online platforms from individuals, in the form of donations, loans or investments.
A sector turned around after boom years
Crowdfunding benefited from boom years at the start of the decade, driven by low interest rates that eased companies' access to financing. But the sharp rise in rates from 2022 onwards put a stop to this momentum, weakening players in the sector, including Tudigo today.
In a statement published on its website, Tudigo refers to "un retournement du marché sur lequel opère Tudigo qui a contribué à la fragilisation de l'organisation de la société". The company also explains that a period of internal governance crisis, which emerged in autumn 2024, is said to have durably affected its organisation.
Investors' funds, a sensitive point
Tudigo states that investors' funds do not pass through its accounts and are therefore not affected by the receivership procedure. The company specifies that these sums are kept in "comptes ségrégués", separate from the projects' investment vehicle or held with the payment services provider Lemonway.
It indicates, however, that any transfer of funds would now be subject to the prior authorisation of the court-appointed administrator, which could result in delays for investors.
The search for a buyer under time pressure
Tudigo has until 14 September to find a buyer. Takeover offers would be examined by the court on 30 September.
