Tagged: france

Advertising Platform Pingvalue Readies for €30M-Goal ICO on Chaineum

Pingvalue plans an upcoming ICO with a €30M target conducted for developing its blockchain-based advertising services. Chaineum, a French ICO Boutique founded by Laurent Leloup, is leading this ICO. Following the recent successful ICO conducted by Domraider, Chaineum is leading this offering with a pre-ICO opening… Read More

Cryptocurrency and Blockchain Security Platform Ledger Celebrates Draper Esprit-Led $75M Series B Round

French cryptocurrency and blockchain security company Ledger nabbed a $75 million (EUR 61 million) Series B round, led by Draper Esprit. The investment funds will enable the company to scale up its operations as demand for its security products increases. While the round was led by… Read More

Minister of the Economy for France Appoints former Deputy Governor of Banque of France to Investigate Cryptocurrency

In a speech delivered on January 15th at Bercy, Bruno Le Maire, the Minister of Economy and Finance, announced he has appointed Jean-Pierre Landau, former Deputy Governor of the Banque de France, to head a mission investigating cryptocurrencies. Le Maire stated (translated from French); “We want… Read More

Lending Marketplace Lendix Raises €200 Million Institutional Financing to Trailblaze European Alternative SME Finance

Lendix’s historical investors are renewing their trust in the Paris-based European SME marketplace lender. The European Investment Bank Group (EIB), CNP Assurances, Eiffel IM, Groupama, Zencap AM, Matmut and Decaux Frères Investissements are among the first investors joining to finance Lendix’s latest investment vehicle to… Read More

Online Lender Lendix Shares What to Expect in 2018

Lendix, one of the premier peer to peer lending platforms in continental Europe, published a letter last week sharing what to expect in 2018 and reflecting on the past year. Their third Open Letter first tackled promises from the year prior. According to their recollection, Lendix… Read More

Focusing on Growth in 2018, Online Lender Lendix Adds Three New Executives to Management Team

Leading online lender Lendix is out with a note saying they have hired three new recruits to support its 2018 growth targets. The peer to peer lender currently operates in France, Spain and Italy, but will open up in two additional countries soon. To help… Read More

C’est Génial! Younited CREDIT Tops 100,000 Loans

Younited Credit has just surpassed 100,000 in loans since platform inception. The Paris based online lender (formerly named Pret d’Union) reported an accelerating rate of loan originations as the number has doubled since September 2016 when total loans stood at 50,000. The platform provides loans… Read More

Report: France to Allow Blockchain Tech for Securities Transfers

Lost among the national mourning for French icon Johnny Hallyday was the news that France will allow Blockchain technology to be utilized to transfer certain securities. According to a report in Les Echos, distributed ledger technology has been presented to the Council of Ministers and… Read More

ESMA Comments on ICOs Warning Investors but Draws No Bright Line Guidance on Security Question

  The European Securities and Markets Authority (ESMA) spoke up this week on the hot topic of Initial Coin Offerings. The ESMA published two different documents: The first targeted the risks of ICOs for investors. The second addressed issuers and applicable rules. Located in Paris, the ESMA… Read More

Online Lender WeShareBonds Raises €12 Million in Mission to Help Finance French SMEs

WeShareBonds, an AMF-registered crowd lending platform, has raised €12 million to continue financing French SMEs. The new funding includes both the closing of WeShareBonds’ second credit fund (Prêtons aux PME 2018) to finance French SMEs for €10 million and an equity increase of €2 million… Read More

Online Lender Lendix Launches Flexible SME Bridge Loans in France, Spain & Italy

Lendix, online lender for SMEs in continental Europe, has announced the launch of a new financing product: the Flexible Bridge Loan. This product is designed to will allow a greater number of French, Spanish and Italian SMEs to benefit from the speed of execution of… Read More

French Lending Platforms Adopt Common Performance Indicators

On 8 November 2017, the French Crowdfunding Association Financement Participatif France released the common set of performance indicators that member platforms specializing in loans, mini-bonds (a debt instrument specific to SME lending marketplaces) and bonds are invited to publish. Wishing to go beyond the legally… Read More

French ICO Boutique Chaineum Aligns with Lightyear.io for ICO Collaboration

Chaineum, reportedly the first French ICO boutique, and Lightyear.io, an organization that supports partner activities for Stellar, a Silicon Valley-based nonprofit open source blockchain network, have announced a partnership to collaborate in the ICO space. Through the partnership, Chaineum will use the Stellar network to support… Read More

China: WeiyangX Fintech Review

51 CreditCard (u51.com) is Planning to List in Hong Kong in 2018 51 CreditCard (u51.com), a leading online platform for credit card bill management, is reported to be listed on Hong Kong Exchanges and Clearing Limited (HKEX) in 2018, aiming to raise at least 500… Read More

French Investment Bank Natixis Acquires 50% Stake in Fintech Company Dalenys

Natixis, a French corporate and investment bank, has acquired 50.04% stake in Dalenys, a fintech company that offers Payment Marketing solutions that aim to increase revenues for online and point-of-sale merchants. The companies revealed that an agreement relating to this sale was announced earlier this summer and… Read More

French Crypto Platform NaPoleon Plans November ICO with Chaineum

NaPoleon Crypto has reached an agreement with Chaineum, reportedly the first fully regulatory compliant French ICO boutique for conducting ICOs. The NaPoleonX platform will allow the selling of crypto investment vehicles (DAF – Decentralized Autonomous Funds) managed by algorithmic trading models and will regularly propose… Read More

Le ICO: French Autorite des Marches Financieres Launches Consultation on Initial Coin Offerings

The Autorite des Marches Financieres (AMF) in France has launched a consultation on Initial Coin Offerings (ICO) and the issuance of crypto based tokens. In France, according to the document, there have been at least four ICOs to date with multiple other offerings in the… Read More

Kabbage & ING Extend Strategic Partnership to Italy & France

Kabbage Inc., a global financial services, tech and data platform serving small businesses, and ING, a leading global bank, are expanding their strategic partnership into France and Italy to provide small businesses with real-time access to working capital. Building on ING’s successful launch in Spain… Read More

French Spice Rum Brand OKSEN Launches Crowdfunding Round on Seedrs

Famille Oksen, a France-based producer of handmade spiced rum, is now seeking €60,000 through its equity crowdfunding campaign on Seedrs. The company revealed that the Oksen family has been preparing infused rum in their home near Bordeaux since 1973. “Since 1973 in Cap Ferret, not… Read More

French Online Factor: Finexkap Wants to Make Factoring Invisible

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