Tagged: france

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

French Fintech Tinubu Squares Secures €53m Investment From Long Arc Capital & Bpifrance

Tinubu Square, a France-based provider of trade credit risk management solutions, announced on Monday it has secured a €53million investment from Long Arc Capital and Bpifrance to accelerate the development of its technology solutions for credit and surety insurers, trade finance banks and export credit agencies. With this investment, U.S.-based investment firm Long Arc Capital takes a majority stake… Read More

French Real Estate Crowdfunding Grows Steadily and Delivers

The French real estate crowdfunding market grew by 50% in 2016 and keeps growing at the same linear growth pace in 2017. While new platforms continue to join, first entrants strongly dominate the nascent market. With €160 million worth of real estate projects funded, the… Read More

Pan-European P2P Lender Younited Credit Raises €40 million from Historical Investors & the French Public Investment Bank

Younited Credit, the Paris-headquartered consumer lender announced a capital increase of €40 million subscribed by a panel of the top of the crop growth investors in France. Next to its historical shareholders, Eurazeo, Crédit Mutuel Arkema, AG2R La Mondiale and Weber Investissements which are already… Read More

Wealth Products Marketplace Raisin Takes a Leap Forward with Term Deposits for Businesses

Pan-European marketplace Raisin continues its trailblazing expansion. Having penetrated new geographies with international and localized services in 2016, the Berlin-headquartered startup is now broadening its offering to address a new customer segment: small and medium-sized enterprises (SMEs). Starting September 14, businesses can open term deposit… Read More

French Firms Form An Association To Weigh in on Cryptocurrency Investment

French firms have formed an association to foster the sustainable growth of the cryptocurrency investment sector and weigh in on its governance. Among other things, they hope to build on progressive regulations such as the French decree that allowed crowdlending securities called minibons to be… 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

Seedrs & Nutmeg Partner with Fidor Bank on Fintech Marketplace

Seedrs has announced that it will be the sole equity finance provider in a new partnership with Fidor Bank, a challenger bank that launched in the UK back in 2015. Nutmeg, an online wealth manager, will also be joining Seedrs on Fidor’s new marketplace. The two platforms… Read More

French Fintech Payfit Raises €14 million Through Series B Funding Round

PayFit, a fintech startup based in Paris, secured €14 million through its Series B Funding Round, which saw participation from Otium Capital, Xavier Niel, and Accel Partners. The company, which was founded in 2015, describes itself as an ultra-intuitive SaaS solution that allows users to easily and automatically manage… Read More