Tagged: france

OECD Pushes into Blockchain, Books Event for September

Even the Organization for Economic Cooperation and Development (OECD) is interested in blockchain these days. The international organization that is focused on promoting policies that will improve the economic plight of everyone around the world has scheduled a blockchain event in Paris for this September…. 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

While Still Comparatively Small, Italian Crowdfunding Market Experiencing Rapid Growth

A report from the Politecnico Milano School of Management in Italy, indicates that the volume investment crowdfunding is picking up pace in Italy. In Italy, as is with the rest of Europe, crowdfunding denotes investment in both debt and equity. According to the numbers provided… Read More

Report: Fintech Firms in France Raise Record €200 Million Since January

Fintech is booming globally. France, an aspiring Fintech center, appears to be gaining momentum. According to a report in La Tribune, Fintechs in France have raised a solid €200 million since January 2018. This is more than all of 2016. During the year prior, Fintechs raised €318… Read More

Leading European Payment Platform Lemon Way Receives €10 million Investment to Fuel Hypergrowth

Fintech Lemon Way, a payment institution regulated by the ACPR – Banque de France,  has received additional funding in the amount of €10 million. The round was led by Breega capital, with the participation from Speedinvest, a Fintech venture capital fund. According to the local… Read More

Russian Accused of Laundering Bitcoin Proceeds of Crime to Be Extradited from Greece to France

Alexander Vinnik, a Russian national accused by the US government of laundering $4 billion dollars of cryptocurrency proceeds of crime will be extradited from Greece to France to face charges there, CNN Greece reports. An unsealed US government indictment charges Vinnik with 21 counts of… Read More

Credit.fr Partners with Smart Lenders AM to Boost Lending to SMEs, Starts AI Program

Smart Lenders AM and Credit.fr have recently announced a new partnership that seeks to boost lending to SMEs. According to Credit.fr, Smart Lenders AM will invest in their loans. Simultaneously, the two companies will embark on an “ambitious” research program to apply artificial intelligence (AI)… Read More

President of Autorité des Marchés Financier Addresses ICOs in Speech to Finance Committee of French General Assembly

Last week, Robert Ophèle, President of the Autorité des Marchés Financier (AMF), presented the 2017 AMF annual report to the Finance Committee of the National Assembly. Ophèle took the opportunity to address a wide range of topics but notably on the list was the Pact Act… Read More

Younited Credit Tops €100 Million in Lending in Italy, Partners with Online Insurer ConTe

Two years after an expansion into Italy, Younited Credit is reporting having topped €100 Million in loans. The online lender says that today 40% of its credit activity is outside its base in France. “Many start-ups are embarking on European and global development ambitions, but international… Read More

Société Générale Acquires Renewable Energy Crowdfunding Platform Lumo

Société Générale, France’s 3rd largest bank and global Nr. 17 announces the acquisition of Lumo, the pioneering crowdfunding platform dedicated to renewable energies Lumo is a French Fintech with strong skills in both crowdfunding and renewable energies which has dedicated itself to accelerating the energy… Read More

WiSEED and Neoen Partner on Crowdfunding for Renewable Energy Projects in France

Neoen, an independent green energy producer, and WiSEED, a European crowdfunding platform, have  inked an agreement to partner on funding of renewable energy projects in France. The very first offering is to raise money for a solar energy project located at a former coal mining… Read More

French Enlightenment: Comments Provide Insight into France’s ICO Aspirations

  Just as North America is drawing a line in the sand, drawing a hard line that defines just about all initial coin offerings as securities, France appears to be heading in a different direction. Organized by the Autorités Des Marchés Financiers (AMF), France launched a consultation… Read More

Lemon Way is the Leading Payment Solution for Platforms in the Euro Zone

Montreuil, France based Lemon Way is the number one online payment solution for crowdfunding platforms in continental Europe. The company received a payment institution license in 2012. According to the Fintech firm, today Lemon Way provides payment solutions to over 200 crowdfunding sites (both debt… Read More

Report: France to Have Bespoke ICO Regulations in Place by 2019

France decided earlier this year they wanted their country to be a destination of choice for initial coin offerings (ICO). The mission was outlined by Bruno Le Maire, the Minister of the Economy and Finance of France, who labeled cryptocurrencies a revolution. Now we have a… Read More

Leading European Online Lender Lendix Receives €32 Million Investment

Lendix, a Paris based online lender that claims to be the number one SME lender in all of continental Europe, has received a new €32 million funding round for its European development. Investors in this round include Idinvest Partners, Allianz France and CIR S.p.A. (a… Read More

TransferWise Forms New Partnership With French Banking Firm BPCE Groupe

Fintech unicorn TransferWise has formed a new partnership with France’s second-largest bank firm, BPCE Groupe. The launch of the new collaboration comes less than two months after TransferWise debuted its new borderless and fee free, multi-country, bank accounts and debit cards. According to TechCrunch, as… Read More

French Autorité des Marchés Financiers Appoints New Fintech Director

The Autorité des Marchés Financiers in France has appointed a new executive for the relatively new Fintech division. Domitille Dessertine, who was involved with the creation of the new division two years ago, is the new Director of the Fintech, Innovation and Competitiveness Division (FIC) for… Read More

President Macron Wants Europe to Offer a Governance Model for Sustainable Technology

President Macron at Viva Tech, the “French CES” The question to ask about Viva Tech, the French Tech show taking place in Paris, May 24th to 26th, is not “Who goes there?” but rather “Who doesn’t?” In its third edition, Viva Tech, launched in 2016… Read More

French Crowdfunding Sector Boasts 96% Customer Satisfaction

  A consumer survey reveals that the penetration of crowdfunding in France is still quite low. However, consumers have a very positive image of crowdfunding, one that remains close to its historical root values of innovation, democratization of access to financing, transparency, and economic /… Read More

Head of French Regulator AMF Comments on Crytpo Asset Losses, Throws Shade at Madrid Football Team Due to Crypto Sponsor

The Autorité des Marchés Financiers (AMF) released its annual report this past week. As part of the release, Chairman of the AMF Robert Ophèle delivered a speech highlighting important issues and challenges within the financial markets. During his speech, Ophèle commented on “toxic investments.” While first addressing binary… Read More