Therese Torris

Raisin, A Global Open Banking Forerunner

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

Rocket Internet Sells International P2P Lending Platform Lendico to Arrowgrass

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

Funding Circle Germany Takes a Fresh Start

  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

France’s Government Ambitions To Make Paris the No.1 Financial Marketplace After Brexit

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

Will the Banks vs. Fintechs Dispute over PSD2 Derail the EU’s Progress towards Open Banking?

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

German Consumer Lender Auxmoney Passes the Half-Billion-Euro Mark

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

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

Funderbeam, Blockchain-Powered Global Startup Stock Exchange

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

Are French Fintechs Selling Out? Credit.fr acquired by Tikehau Capital

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

Station F, Worlds Largest Startup Campus, Opens Today in Paris

  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

BNP Paribas to Setup a Fintech Accelerator at Station F, a 1,000-Startups Campus in Paris, France

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

German Real Estate Crowdfunding Market Booms

  The German real estate crowdfunding market is set to more than triple in size this year. Real estate developers, asset managers, and, most recently, real estate agents are joining the fray of real estate crowdfunding platforms, trying to unseat the handful of leaders who… Read More

France to be an Inclusive and Open Startup Nation says President Macron at Viva Technology

Yesterday the President of France, Emmanuel Macron received a standing ovation from an audience of tech startups and large businesses at Viva Technology. He spoke of France as a startup nation embracing hyper-innovation, of a revolution, a complete change of mindset. He shared his vision… Read More

3 Takeaways from Mary Meeker’s 2017 Internet Trends Report

This article highlights three takeaways for Fintech firms from Mary Meeker’s 355-page-long report: 1) The Internet’s center of gravity shifts to Asia; 2) The biggest get bigger; 3) Fintechs must use gamification to improve customer engagement. Since 2001, Mary Meeker, a Partner at venture capital… Read More

Prodigy Finance: a Global Online Lending Platform for Premium Higher Education

Where do you apply for a student loan if, like 29-year old Amit, you are an Indian engineer in his first job in London who has just been accepted at a business school in France? With no credit history, no local co-signer and no knowledge… Read More

The Inescapable Fintech Revolution

Big consultancies, such as PwC, Cap Gemini, KPMG, Deloitte and Accenture, research and analyze fintech developments to support the digital transformation of their banking customers. They promote this work through well-crafted free reports and white papers. The latest of such reports was published by Julian… Read More

Lendix’s Multilocal Expansion and its Raison d’être: An Interview with Grégoire de Lestapis, CEO of Lendix Spain

Gregoire de Lestapis has left traditional banking, most recently the direction of BBVA France, for the world of fintech entrepreneurship. In 2016, he joined Lendix, the French SME lending group, as head of its Spanish subsidiary and member of the executive team. In this interview,… Read More

Championing French Fintech & Fintech Education: An Interview with Anaïs Raoux

Individual Fintech startups can’t disrupt financial services. It takes an ecosystem to do so. We spoke in Paris with Anaïs Raoux, the Managing Director of the industry association France Fintech about how the association helps build an effective ecosystem for French Fintechs ‒ tackling issues… Read More

Narrow Escape for German Real Estate Crowdfunding, Green Crowdinvesting Now in Legislator’s Crosshairs

    After multiple formal and informal discussions with representatives of the crowdfunding sector, consumer associations and the German financial establishment, the Financial Committee of the German Parliament has drawn its conclusions from the review of one year of operation under the German crowdfunding regulation,… Read More

Alternative Lending Index Unveils European Cross-Border Lending Opportunities

Twino, one of the leading Baltic lending marketplace, has produced in conjunction with KPMG Baltics a report called Alternative Lending Index which assesses the potential of alternative finance in 23 European countries based on a set of economic credit data. While the report does not… Read More