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 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 ...

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") , ...

Portugal Portugal, officially the Portuguese Republic, In recognized minority languages of Portugal: :* mwl, República Pertuesa is a country located on the Iberian Peninsula, in Southwestern Europe, and whose territory also includes the Macaronesian ...

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 ...

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. Th ...

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 wit ...

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, Croa ...

. 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 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 {{bank-stub