Tagged: bpifrance

Bpifrance Shutters TousNosProjets Platform, an Aggregrator of Offerings on Crowdfunding Platrforms

Bpifrance has decided to shut down its crowdfunding marketplace TousNosProject.fr. Launched in 2015, at one point, it was reported that approximately 1000 projects were listed on the aggregator site. An early supporter of crowdfunding, Bpifrance is a state-managed venture capital firm. The entity also supports… Read More

Bpifrance Selects Thought Machine to Help Provide Financing to SMEs in France

Thought Machine, the cloud-native banking technology company, announced that Bpifrance, the French public investment bank, is “using Thought Machine’s cloud-native core banking platform, Vault Core.” Bpifrance claims it is “the first bank in France to deploy Thought Machine’s modern cloud-native core banking platform, using Vault… Read More

ESG Data Intelligence Company, Deepki, Secures €150M to Support Global Expansion, Help Real Estate Sector Address Climate Change

Deepki, which claims to be the only company in the world “offering a fully populated ESG data intelligence platform for the real estate sector,” has announced that it secured €150 million in a Series C round. As mentioned in the update shared with Crowdfund Insider,… Read More

Bpifrance Leverages October Connect Tech to Streamline its Digital Risk Analysis

European online marketplace lender October notes in a recent blog post that as part of the economic support plan following the Covid-19 outbreak, Bpifrance introduced the digital Prêt Rebond (Rebound Loan) back in in April 2020, in partnership with the French Regions, allowing SMEs of… Read More

AI Fintech ubble Secures Over $11 Million in Capital to Develop Digital ID Verification Product using Biometric Facial Recognition

France-based AI company ubble has acquired more than €10 million (appr. $11.2 million) in capital through a round led Breega and Partech and Breega. The funds raised will reportedly be used to develop ubble’s remote onine ID verification product which will include biometric facial recognition…. Read More

Bpifrance Wants to Help the French Initial Coin Offering Ecosystem

Bpifrance, a French public investment bank, is looking to support initial coin offerings. According to a report in Les Echos, the leading French business newspaper, Bpifrance wants to be ready to support “cryptomonnaies” before the Pact law goes into effect. It was announced earlier this… Read More

French Fintech Tinubu Squares Secures €53m Investment From Long Arc Capital & Bpifrance

Tinubu Square, a France-based provider of trade credit risk management solutions, announced on Monday it has secured a €53million investment from Long Arc Capital and Bpifrance to accelerate the development of its technology solutions for credit and surety insurers, trade finance banks and export credit agencies. With this investment, U.S.-based investment firm Long Arc Capital takes a majority stake… Read More

Pan-European P2P Lender Younited Credit Raises €40 million from Historical Investors & the French Public Investment Bank

Younited Credit, the Paris-headquartered consumer lender announced a capital increase of €40 million subscribed by a panel of the top of the crop growth investors in France. Next to its historical shareholders, Eurazeo, Crédit Mutuel Arkema, AG2R La Mondiale and Weber Investissements which are already… Read More

The European Investment Bank Pledges €18.5 million to Finance Continental European SMEs through Lendix

The European Investment Bank Group (EIB) through the European Investment Fund (EIF) has announced that it will provide €18.5 million to back a joint investment fund designed to lend money to SMEs through crowdlending platform Lendix. The EIB is the European Union’s bank, owned by… Read More

Bpifrance Joins Lendix: Subscribes to Co-Financing Fund Associated with the Online Lender

Online lender Lendix announced on Monday that Bpifrance has joined its lending platform through a co-financing fund. Along with Bpifrance, Lendix has reported attracted other leading investors to the fund, including CNP Assurances, Groupama, Zencap AM (OFI group), Matmut or the “Prêtons Ensemble” fund managed by Eiffel… Read More

Fintech Startup Kyriba Secures $23M During Series D Funding Round Led By Bpifrance

California-based fintech startup Kyriba Corp. announced on Thursday it has successfully secured $23 million during its recent Series D funding round, which was led by Bpifrance. Additional investors included HSBC (NYSE: HSBC) and Daher Capital. The company stated it plans to use the funds to deepen its… Read More

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

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

Squadrone System Secures $5M For Kickstarter Alum HEXO+

Squadrone System, the company behind first autonomous flying camera, HEXO+, today announced it has secured an investment of $3 million from Living Water Investment Corp., bringing its total investment amount to date to $5 million. The funding will allow the company to finance the industrial development… Read More

French Peer to Peer Lender Unilend Raises € 8 Million in Funding Round

Peer to peer lending platform Unilend has announced a significant investment in the amount of € 8 million from BPI France, a state government investment fund, Ventech and 360 Capital Partners.  The direct lender was launched in 2013 prior to formal regulations which were finalized in… Read More

CrowdTuesday Events in France Brings Together Industry Champions

CrowdTuesday, a periodic gathering of members of the crowdfunding scene, had their inaugural gathering in Paris this past month.  The group is not targeting the novice sector of the industry but is focused on bringing together industry experts to review and discuss the nascent form… Read More

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