France-based cooperative Crédit Agricole has reportedly acquired a majority stake in Fintech firm Linxo, which serves as a payment aggregation and initiation service. Established in 2010 and headquartered in Aix-en-Provence, Linxo offers account aggregation, payment initiation and personal finance management services through a robust technology… Read More
The Hong Kong Monetary Authority (HKMA) and Autorité de Contrôle Prudentiel et de Résolution (ACPR) in France have signed a Memorandum of Understanding (MoU) to “enhance collaboration between the two authorities in supporting Fintech innovation. The French ACPR is a supervisory authority attached to the… Read More
Ever since the Brexit, France has aimed to establish itself as the Continental European alternative to the London Fintech hub. The goal is ambitious. France is home to many a worldwide leading financial institution such as global Nr. 1 insurer AXA and Nr 1 non-Chinese… Read More
This past week, I had the chance to attend a Fintech focused event put on by the Consulate of France in Manhattan and, honestly, I came away very impressed. For too many years, France did not have much of a reputation in the startup world…. Read More
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
The Monetary Authority of Singapore (MAS) is continuing its push to collaborate with financial regulators around the world to improve Fintech innovation and collaboration. MAS today announced a cooperation agreement with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés… Read More
In November The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. This is the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe. This benchmarking… Read More
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