October 12, 2017 @ 2:14 am By Therese Torris  |  

As the alternative lending sector matures, the general atmosphere of its flagship event LendIt takes a different tone. The tone of this year’s Lendit Europe was down-to-earth. Hype was out. Business in. Even the discussions about artificial intelligence and blockchain were imbued with much realism…. Read More

October 10, 2017 @ 5:00 am By Therese Torris  |  

On Monday, October 9, Lendit Europe, the event gathering 1000+ representatives of the international fintech and lending scene on the banks of the River Thames, opened with a presentation by Imran Gulamhuseinwala OBE, Global Head of FinTech at consultancy firm EY, who spoke about “The… Read More

October 6, 2017 @ 8:00 pm By Therese Torris  |  

French online factoring platform Finexkap is pursuing its rapid, yet controlled growth. Doubling in size each year since it opened for business in 2014, the Fintech startup passed last summer the €100 million mark of cumulated financing. France remains one of the markets with the… Read More

September 29, 2017 @ 2:00 am By Therese Torris  |  

The French real estate crowdfunding market grew by 50% in 2016 and keeps growing at the same linear growth pace in 2017. While new platforms continue to join, first entrants strongly dominate the nascent market. With €160 million worth of real estate projects funded, the… Read More

September 19, 2017 @ 4:19 pm By Therese Torris  |  

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

September 15, 2017 @ 2:26 am By Therese Torris  |  

Pan-European marketplace Raisin continues its trailblazing expansion. Having penetrated new geographies with international and localized services in 2016, the Berlin-headquartered startup is now broadening its offering to address a new customer segment: small and medium-sized enterprises (SMEs). Starting September 14, businesses can open term deposit… Read More

August 17, 2017 @ 2:30 am By Therese Torris  |  

Headquartered in Germany, Pan-European savings marketplace Raisin reports that in less than 4 years its customers have invested more than €4 billion in the platform’s savings products. As a result, Raisin is the leading marketplace for investments in Europe and one of the fastest growing… Read More

August 7, 2017 @ 8:10 am By Therese Torris  |  

A new entrant in German online real estate lending, iFunded wants to address the market of larger property development projects that lie beyond the scope of real estate crowdfunding. Partnering with umbrella investment bank NFS Netfonds Financial Service, the platform is launching its first €10… Read More

July 29, 2017 @ 9:26 am By Therese Torris  |  

French firms have formed an association to foster the sustainable growth of the cryptocurrency investment sector and weigh in on its governance. Among other things, they hope to build on progressive regulations such as the French decree that allowed crowdlending securities called minibons to be… Read More

July 21, 2017 @ 4:00 pm By Therese Torris  |  

Pan-European marketplace for savings products, Raisin has become the poster child of Fintech disruption as it managed to convince 75,000 investors to put more than €3 billion into savings accounts held at foreign banks. We spoke with Tamaz Georgadze, co-founder and CEO, who explained to… Read More

July 14, 2017 @ 5:27 pm By Therese Torris  |  

The German press reports that German incubator Rocket Internet is selling its participation in the multinational P2P lending platform Lendico to British hedge fund Arrowgrass. Arrowgrass already owns a small share of Lendico and wants to take over the company. Founded in December 2013 by… Read More

July 13, 2017 @ 6:01 pm By Therese Torris  |  

  Germany is a huge SME and VSME (very small business) credit market. But it is not as mature a market for online marketplace lending as the UK, the US, or even the Netherlands. This partly explains why Funding Circle Germany’s early loan book underperformed…. Read More

July 11, 2017 @ 6:10 pm By Therese Torris  |  

On July 11, at the 23rd edition of the Paris Europlace International Financial Forum, Edouard Philippe, the Prime Minister of France reached out to 1,500 leaders of global financial services firms: “Welcome to Paris.” He said in English. “The French government is committed to boost… Read More

July 11, 2017 @ 10:50 am By Therese Torris  |  

Banks represented by the European Banking Authority (EBA) and Fintechs represented through the Future of European Fintech are in profound disagreement about the technical standards for the implementation of the Second Directive on Payment Services (PSD2). Banks argue that screen scraping should be banned in… Read More

July 10, 2017 @ 9:16 am By Therese Torris  |  

German online consumer lending marketplace auxmoney announced that it has crossed a new milestone: the marketplace has granted more than 70,000 loans worth more than €500 million in cumulated volume. Raffael Johnen, CEO of auxmoney, commented: “Half a billion euros worth of loans. This demonstrates… Read More

July 3, 2017 @ 1:44 pm By Therese Torris  |  

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

July 3, 2017 @ 9:00 am By Therese Torris  |  

Founded in Estonia and headquartered in the UK, Funderbeam is a Blockchain-powered platform for cross-border startup funding with an extensive information database, a primary market for fundraising and a secondary market for equity and debt trading. End-to-end Startup Funding Funderbeam was founded in 2013 in… Read More

June 30, 2017 @ 10:00 pm By Therese Torris  |  

One day after we hear of the acquisition of the KissKissBankBank crowdfunding group by French bank La Banque Postale, crowdlending platform Credit.fr announces its acquisition by Tikehau Capital. These acquisitions seem to confirm the widespread view that Fintechs can’t go it alone. We asked Thomas… Read More

June 30, 2017 @ 11:41 am By Therese Torris  |  

  Station F, labeled the worlds largest startup campus, officially opened today. BNP Paribas, the global bank, will be opening a dedicated Fintech incubator at Station F later this fall. The inauguration of the campus was even more eventful as newly elected French President Emmanuel… Read More

June 22, 2017 @ 10:25 pm By Therese Torris  |  

Station F, the biggest startup campus worldwide will open in Paris this month with BNP Paribas joining in the fall of 2017. BNP Paribas, the global Top-10 bank headquartered in France, is transferring its Fintech and InsureTech accelerator there with the help of global Plug… Read More