Tagged: france

March 20, 2023 @ 12:57 pm By JD Alois  |  

Smart Lenders AM, an asset management company specializing in managing portfolios of loans from established marketplace lenders, online-lending platforms and crowdlending platforms, has issued a statement in light of the ongoing market volatility and strain on the banking sector. Since its launch, Smart Lenders AM… Read More

March 16, 2023 @ 8:14 am By Omar Faridi  |  

Fintech firm Hokodo joins forces with French international banking group BNP Paribas in order to deliver a frictionless B2B Buy Now, Pay Later (BNPL) solution that “enables large multinational corporates to provide payment alternatives to their business customers.” Together, BNP Paribas and Hokodo will “offer… Read More

March 14, 2023 @ 8:14 am By Omar Faridi  |  

Alternative data specialist QuantCube Technology announced the availability of the QuantCube Industrial Production Indicator (IPI) nowcast – “providing a daily update on industrial production output in the U.S. market.” The indicator “measures year on year changes in outputs from the manufacturing, mining, electricity and gas… Read More

March 7, 2023 @ 10:09 am By JD Alois  |  

The French Autorité des Marché Financier (AMF) has launched a “mystery shopper” campaign to gain first-hand experience as to how banks are treating their customers. What the regulator uncovered clearly fell short of what old banks should be doing. The AMF notes that it has… Read More

March 2, 2023 @ 9:35 am By JD Alois  |  

The French Autorité des marchés financiers (AMF) is cautioning the public on trading bots in the Forex sector. The AMF states these are not authorized platforms and they frequently target French overseas departments and territories. The AMF states that it has recently seen an uptick… Read More

February 24, 2023 @ 3:17 pm By Omar Faridi  |  

Ingenico, the company focused on payment acceptance solutions, has just signed a strategic partnership with Binance, the largest exchange for digital assets, “to offer an in-store cryptocurrency payment acceptance solution.” The first pilots have “been deployed in France.” This partnership is “a major step in… Read More

February 23, 2023 @ 1:18 am By Omar Faridi  |  

In the constantly evolving world of payment solutions, transaction volumes are “growing exponentially.” Scaling securely and compliantly is “key,” according to an update from Napier. Lyra Group, the €79 million turnover European and unified payment solutions provider processing over twenty billion transactions worldwide annually, has… Read More

February 22, 2023 @ 8:06 am By Omar Faridi  |  

Socotra announces a major drive into the European insurance markets, with an initial focus on the UK, DACH, France, and others, “following strong growth in 2022, including a 71% revenue increase, a 75% growth in customers, and a 117% YoY increase in policies managed on… Read More

February 11, 2023 @ 12:45 pm By Omar Faridi  |  

October has been providing financing to Qonto, Europe’s financial management company, for almost two years now. Integrated directly via API with the Qonto platform, October “analyzes customer requests in a few clicks to provide them with an instant loan offer.” With over 40,000 active retail… Read More

February 9, 2023 @ 3:45 pm By Therese Torris  |  

This year’s issue of the Barometer of Crowdfunding in France, published by Mazars and the French Crowdfunding Association (Financement Participatif France, FPF) shows that crowdfunding reached a new high in 2022. More than €2.3 billion was collected, a 25% increase versus year prior. Real estate… Read More

February 9, 2023 @ 12:30 pm By JD Alois  |  

Financement Participatif France (FPF) is the association that represents the investment crowdfunding industry in France. With the advent of ECSPR or European Crowdfunding Services Provider Regulation, the industry of online capital formation has pushed into the second stage of securities crowdfunding.  Under the new EU… Read More

February 7, 2023 @ 4:51 pm By Omar Faridi  |  

Tax season is a “dreaded” time of the year for many — especially crypto users, according to an update from Binance. Scouring a spreadsheet and computing all your transactions, gains, and losses throughout the past year can be, well, “taxing.” For day traders, who normally… Read More

February 6, 2023 @ 12:40 pm By Omar Faridi  |  

Radiant Logic, the Identity Data Fabric company, announced that it has entered into a definitive agreement to acquire Brainwave GRC, a key player focused on Identity Governance and Analytics (IGA) headquartered in France. Together, Radiant Logic and Brainwave GRC address “a broad set of identity… Read More

January 31, 2023 @ 9:25 am By JD Alois  |  

Stellar blockchain proponents Tempo France and Armenotech have announced a partnership on payments and remittances, according to a note from the firms. Tempo France is an international money transfer system that recently utilized Stellar to power transfers in Europe and the Asia Pacific region. Tempo… Read More

January 25, 2023 @ 11:57 am By JD Alois  |  

The French Autorité des Marchés Financiers (AMF) has posted a comment on its website commenting on investment crowdfunding. The AMF notes to change to online capital formation under EU harmonized rules or European Crowdfunding Service Providers Regulation (ECSPR). The AMF explains: Crowdfunding: a regime undergoing… Read More

January 19, 2023 @ 9:29 am By JD Alois  |  

October, a European marketplace lending platform providing access to capital for SMEs, has received a €35 million commitment from the European Investment Fund (EIF) and Netherlands-based Invest-NL. The capital is split between the two entities with the EIF providing €20 million and Invest-NL the rest… Read More

January 16, 2023 @ 3:42 pm By Omar Faridi  |  

Connecting France and The Kingdom of Saudi Arabia in a “first of its kind” strategic tech partnership, Foodics, the cloud-based restaurant management technology and payments platform in the MENA region, has announced it has partnered with French-based tech start-up Partoo, who “help brands manage and… Read More

January 11, 2023 @ 9:27 am By Press Release  |  

  Join the flagship event of European crowdfunding on February 14, 2023, in Paris / Centquatre Under the sponsorship of Mr. Bruno Le Maire, Minister of Economy, Finance and Industrial and Digital Sovereignty. The professional, European, fun & green crowdfunding event! Which brings together almost… Read More

January 10, 2023 @ 9:53 am By JD Alois  |  

Lemonway, a top European Fintech, is reporting solid results for 2022, with volumes jumping by 39% during the year. Lemonway is a pan-European payments provider targeting marketplaces, including alternative finance platforms looking for payment processing, wallet management, and third-party payments, along with anti-money laundering (AML)… Read More

January 9, 2023 @ 4:34 pm By JD Alois  |  

The Autorité des Marchés Financiers (AMF) in France has published its priorities for 2023. AMF Chair Marie-Anne Barbat-Layani included working to enhance retail investor protection, pursuing sustainable finance as well as financial innovation during the next 12 months. “The AMF is the regulator of Europe’s… Read More