Therese Torris

Software Publisher Misys Launches White Label Crowdlending Platform

misys-connect-forum-in-paris

Today on the Parisian leg of a world tour called Misys Connect Forum, banking software publisher Misys announced the launch of a new addition to its offering of financial software solutions: Misys FusionBanking CrowdLending. The software-as-a-service (SAS) solution aims at enabling retail and corporate banks… Read More

French Crowdfunding Leaders Predict Strong Market Growth & Call for Better Investor Tax Incentives in 2017

france-paris-eiffel-tower-night

France is the second largest European crowdfunding market after the UK. We asked the CEOs of France’s leading crowdlending and crowdinvesting platforms to share their hopes, wishes and predictions for the sector in 2017. They expressed their confidence in the sustained growth of their market…. Read More

French Tech Startups Make a Strong Show at CES, French Crowdfunding Platform Sowefund Presents Five of Them.

ces-olivier-ezratty

The French contingent of Tech startups exhibiting at the CES, the global consumer electronics show held this week in Las Vegas, is the third largest one after the US and the Chinese delegations. More than 300 French startups unveil their innovation at the show. Observers… Read More

Crowdfunding as part of France’s Effort to Relax its Banking Monopoly on Credit: Interview with Reid Feldman & Hubert de Vauplane of Kramer Levin

Paris cityscape taken from Montmartre

For Reid Feldman and Hubert de Vauplane of the Paris Office of Law Firm Kramer Levin, the latest revisions of the French crowdfunding regulation are part of a broader effort by the French authorities to relax the monopoly of French banks on credit and extend… Read More

Business Accounting Leader Sage & Online Factoring Platform Finexkap Team up to Launch Clic&Cash in France

cedric-teissier-arthur-decatheu-at-lendit-2016

Sage, a global leader in integrated business accounting solutions for SMEs has teamed up with online factoring platform Finexkap. Their joint cash management solution called in French Clic&Cash enables SMEs to trade their accounts receivables for cash directly from their accounting application. Founded in 1981,… Read More

Neuroprofiler: Risk Profiling & Suitability Testing Based on Behavioral Finance

risk-profling

  Neuroprofiler is a French startup whose online application uses the latest advances in behavioral finance to help investors determine their psychological investment profile. The company’s ambition is to provide financial services with suitability testing tools that are not only fully compliant, but also add… Read More

KissKissBankBank Gives Crowdfunding its First Bricks & Mortar Home in the Heart of Paris

kisskissbankbank-storefront-paris

Today, KissKissBankBank & Co, the French brand which operates three crowdfunding platforms, rewards-based platform KissKissBankBank, interest-free lending platform hellomerci and crowdlending platform Lendopolis, opened la Maison du Crowdfunding, the first brick-and-mortar crowdfunding store worldwide. The store is part of the brand’s strategy to reach customers… Read More

WineFunding: Equity & Presale Crowdfunding for Engagement & Profit

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In France, owning a vineyard is every successful person’s dream. Now WineFunding, the first crowdfunding platform dedicated to the wine industry, makes this dream accessible to you and me. Wine aficionados can become a shareholder of a wine estate and get access to selected wines… Read More

France’s 2nd Regulatory Reform Enlarges the Scope of Crowdinvesting & Crowdlending

french-ministry-of-economy-france

The second reform of France’s crowdfunding regulation has officially come into force. Resulting from tight cooperation between industry professionals, regulators and government authorities, the new measures expand the scope of both crowdlending and crowdinvesting. The first French regulation of crowdfunding was issued in October 2014…. Read More

La Banque Postale Takes a 10% Stake in Debt-Based Crowdinvesting Platform WeShareBonds

paris-seine

La Banque Postale, one of the top 10 French banks, announced that it was taking a 10% equity stake in WeShareBonds, a new French alternative SME financing platform, at an undisclosed valuation. The deal validates WeShareBonds and the French crowdlending sector. La Banque Postale is… Read More

Marketplace Lending: The Challenge of Keeping It Simple And Transparent

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LendIt Europe gathered over 900 attendees from 50 countries on the banks of the Thames river to network and hear about the latest trends in online direct lending. The tone of the conference was clearly set by the UK keynote speakers. The UK being 4… Read More

Disrupting Account Receivables Financing in France

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Managing short-term cash needs is one of the top challenges faced by SMEs everywhere in the world. However, the problem is more acute in some regions than in others. A European Payment Directive that came into force three years ago tried to tackle the issue,… Read More

French Crowdlending Platform Unilend Receives a €2.5 million Investment from NewAlpha’s FinTech fund 

euros money europe

Unilend, a pioneer in SME crowdlending in France, announced on September 7 that it has received a €2,5 million investment from NewAlpha Asset Management (NewAlpha). This is the third investment coming from the venture capital fund dedicated to FinTech and Assurtech that NewAlpha launched in… Read More

French Crowdinvesting Platform WiSeed Ditches Bespoke Crowdfunding Status for EU passport as Investment Services Provider

WiSeed Office sketch

This summer, crowdinvesting platform WiSeed became authorized as Investment Services Provider (ISP) by the French regulator of financial institutions, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), with the approval of the securities market regulator, the Autorité des Marchés Financiers (AMF). Obtaining this status… Read More

Leading German Crowdfunding Platform, P2P Lender auxmoney Powers On

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  Germany’s leading lending marketplace auxmoney reports continued strong growth. Loan volume increased from €39.3 million in the first half of last year to €79.5 million in the first half of 2016 ‒ an increase of more than 100%. Founded in 2007, by Raffael Johnen,… Read More

Perspective: Uncertainty About the Consequences of Brexit is Rising

UK Queen Elizabeth Money

As UK politicians, pro-Brexit and pro-Bremain alike, resign one after the other, the uncertainty about the consequences of the Brexit vote is rising instead of abating. Here is a summary the following main causes of uncertainty that impact financial services: The Legal Exiting Process: The… Read More

The Brexit as Viewed from the European Continent

Brexit EU Referendum

In the troubled post-Brexit context, many leaders in the UK traditional and alternative financial services are trying to reassure their market and even to present the Brexit vote as an opportunity for the UK. Their statements read like reactions of the French after a soccer… Read More

German Crowdinvesting Regulation: First Year Review by the German Crowdfunding Association

Jamal El Mallouki

The Kleinanlegerschutzgesetz (Small Investor Protection Act), the law regulating crowdfunding in Germany went into force on the 10th of July 2015. A year after, the German Crowdfunding Association takes stock of its positive impact on the German crowdinvesting market and points to strong needs for… Read More

The Lending Club Predicament & The Lessons Learned

Lendit Problem Renaud Laplanche

When Lending Club, as the worldwide leader in P2P/marketplace lending and, for that matter, in the entire global crowdfunding market, runs into trouble, it is bound to send ripples way beyond its home market, the United States. And it does. The fast emerging French crowdlending… Read More

Insurer Aviva France to Lend €50 Million to SMEs Through Crowdlending Platforms

Philippe Taffin 2

Aviva France, together with two partners, alternative asset management firm Eiffel Investment Group and insurer AG2R La Mondiale, is launching an investment fund called “Prêtons Ensemble” (Lending together) dedicated to financing loans to small and medium-size enterprises (SMEs) provided through crowdlending platforms. Starting with an… Read More