Tagged: france

French Regulatory AMF Announces Fintech, Innovation and Competitiveness Division; Selects Franck Guiader to Head FIC

franck guiader

France’s financial regulatory agency, the Autorité des Marchés Financiers (AMF), announced the launch of its Fintech, Innovation and Competitiveness (FIC) division, opportation 1 June 2016, according to the AMF. The AMF is creating a separate division to respond to changes in consumption patterns which have been… Read More

Partech Ventures Commits €3 Million in New €12 Million Funding Round for Lendix

Euros Money 200

The leading French marketplace lending platform, Lendix, is closing a new funding round and longtime investor Partech Ventures has committed €3 million confirming its support of the online lender. The additional funding will be used to financeLendix’s expansion into the Spanish and Italian markets. Lendix also… Read More

What the First Consolidation Among French Lending Marketplaces, Lendix’s Acquisition of Finsquare, Tells Us

Lendix team  Olivier Goy Pascal Ouvrard Patrick de Nonneville

Lendix, the lending marketplace that recently become number 1 in SME marketplace lending in France, announced that it has acquired crowdlending platform Finsquare. This first instance of consolidation in the French market certainly is not the last. This acquisition illustrates four trends and issues in… Read More

Finsquare Acquired by SME Marketplace Lender Lendix

GOY-Nonneville-Lendix

Marketplace lender Lendix has acquired short term loan specialist Finsquare. Lendix, the largest marketplace lending platform in France, said that Finsquare’s product addressed a “real demand for lenders and borrowers alike.”  The acquisition was viewed as highly complementary to the Lendix platform – an online lender… Read More

Minister of Economy Gives French Crowdfunding Sector a Boost

French Crowdfunding Event with Minister of Economy Emmanuel Macron

The French Minister of Economy, Emmanuel Macron was the guest star of the 3rd annual meeting of the French crowdfunding association. He expressed his commitment to the crowdfunding economy, shared his views on the regulation of innovation, and, to prove his point, announced several significant… Read More

P2P Lender Prêt d Union Expected to Launch in Italy Soon

Prêt d'Union Satisfied

Prêt d’Union, a leading peer to peer lender operating in France, is expected to expand operations into Italy soon. First reported by TechCrunch, Prêt d’Union apparently will operate under the brand “You United Credit”.  As TC points out, several domains (http://younited-credit.it) are registered under the name… Read More

Fintech Startups and The Future of Banking

whirlpool vortex change disruption

Will fintech startups cause the demise of banks or come to their rescue? This was one of the topics debated at The “Future of Banking” event held by The Economist in Paris on March 10th 2016. The Future of Banking was aptly subtitled “Survival of… Read More

France: Crowdfunding Barometer Shows Rapid Growth with Debt in the Lead (Infographic)

France Crowdfunding 2015

The Financement Participatif France (the French Crowdfunding Association) has published some data on activity in their country and in comparing 2014 to 2015, the industry nearly doubled.  The slowest area of growth was in donations / rewards. The lending or debt sector experienced the most… Read More

Real Estate Crowdfunding Calls French Crowdfunding Regulation Into Question

Paris France

Real estate crowdfunding started late in 2014 in France. But, hardly a year later, it is going strong with 26 platforms vying for a share of the market. However, as crowdfunding moves from real estate development to buy-to-let projects, new platforms are encountering some resistance… Read More

MangoPay Update. Has Now Processed Over €200 Million

Celine Lazorthes

MangoPay, a payment platform that has focused on the crowdfunding and marketplace sector of finance, has shared a brief update on their progress. According to the company, Mangopay now has hit the following numbers: Over €200 million in payments processed 900 clients and rising 50 +… Read More

Aircall Receives $2.75 Million from Balderton Capital & FundersClub

Aircall team

Paris-based tech startup Aircall has closed a $2.75 million seed round led by Balderton Capital.  The funding round  also received the support of online investment platform FundersClub, along with other US based angels. Aircall is a online phone system that may be deployed in “seconds”.  The… Read More

Lendix Takes the Lead in France’s SME Crowdlending

Olivier Goy and Patrick Nonneville

Lendix, one of the 60 companies who joined the fray of crowdlending platforms in 2015 has quickly taken the leadership position by designing a marketplace that meets the needs of institutional investors. Marketplace lending to small and medium size enterprise (SMEs) is taking off in… Read More

France-Based Sport Crowdfunding Platform Sponsorise.me Launches New U.S. Website

Loic Yviquel

On Monday, Sponsorise.me, a rewards-based crowdfunding platform dedicated to sports, announced the launch of its U.S. website, us.sponsorise.me. Founded in 2013, Sponsorise.me has already received more than 4,000 projects with athletes, teams, organizations and leagues from around the world and helped them raise more than US$2 million… Read More

Brief: Fundimmo Opens Its New French Real Estate Crowdfunding Platform

Jonathan Zisermann - Mediastay

On Wednesday, Fundimmo announced its new real estate crowdfunding platform that is exclusively reserved for the French property investment. This new site is regulated by the Financial Markets Authority (AMF) and is registered as Investment Advisor Participatory (CIP) with ORIAS. Fundimmo allows individuals to invest from 500… Read More

Crowdfunding Mailbox: Veritable Indoor Garden, Grove Ecosystem & BU Filtered Water Bottle

Mailbox 11.29.15

Grove Ecosystem is a self-contained bio-habitat to grow fresh greens, in your home.  There have been plenty of unique growing systems funded on crowdfunding platforms, but Grove is probably the most complete as it pairs with an acquarium that creates a symbiotic relationship between plants, fish… Read More

Tilt Prepares For Global Launch By Announcing Rollouts in The Netherlands, Sweden, Denmark and Norway

Tilt

This week, crowdfunding platform, Tilt, announced it is making the final preparations to launch globally starting in November by hitting five additional international markets by early 2016. Tilt, which was founded in 2012 by James Beshara and Khaled Hussein, recently placed a foothold in the European market… Read More

Crowdfunding Mailbox: Ulo Surveillance Owl Camera, Xpand Lacing System & Quarter Fast Charging Power Bank

Mailbox Featured 11.8.15

There have been plenty of security systems and home video monitoring cameras that have  raised funding on crowdfunding platforms. The really good ones have killed it proving a demand for the products.  This next project has combined great functionality with a unique spin on design…. Read More

P2P Lender ArchOver Joins with Coface to Provide £100 Million of Lender Protection

One Pound UK £

ArchOver, a peer to peer lending platform, has enlisted Coface, a leader in credit insurance, to protect lenders from potential default on business loans. The new partnership is said to provide future protection of up to £100 million. The new arrangement will enable ArchOver to… Read More

Fintech Rock Star: Céline Lazorthes Talks About Mangopay Acquisition by Credit Mutuel Arkéa

Mangopay Fintech Rock Star

Celine Lazorthes is founder and “one damn passionate CEO” of Leetchi and MangoPay. Leetchi is a successful donations-based crowdfunding platform that allows users to collectively accumulate funds for gifts, trips or whatever, making it easy to contribute for a single shared purpose. Mangopay is something… Read More