Tagged: france

European SME Lender October Reports More Projects Funded Last Year than 2018, 2019, 2020 Combined

Earlier this month, the team at marketplace lender October had shared an open letter with their community. October wrote in its open letter that last year, they had committed to working hard, “with enthusiasm and curiosity.” They had promised to lend more efficiently to businesses,… Read More

True Global Ventures 4 Plus Backs Coinhouse $17 Million Series B

Coinhouse, a digital asset service provider (DASP or VASP) regulated in both France and Luxembourg, has raised USD $17 million in a Series B funding round. The round was led by True Global Ventures 4 Plus (TGV4 Plus) Fund that invested USD $5.7 million. They… Read More

European SME Lender October Reveals that Investors are Increasingly Seeking “Safe” Investments

European SME lender October reveals that 2021 was an “intense year” for their platform. October notes that not only was it their best lending year so far on record, with more initiatives financed than the past 3 years combined, but also “the one of multiple… Read More

French Fintech Qonto Says Teamwork, Prep and Focus Helped them Finalize €486M Series D Round

In the “build-up” to Qonto’s announcement of its €486 million Series D, nowhere was the “excitement” felt more acutely than in company HQ. The team at Qonto writes in a blog post: “For confidentiality reasons, the specifics of the deal had to be kept secret… Read More

Bank for International Settlements Appoints Raphael Auer as Head of Innovation Hub Eurosystem Centre

The Bank for International Settlements (BIS) has appointed Raphael Auer as the Head of Innovation Hub Eurosystem Centre. Auer is presently a principal economist in the Innovation and the Digital Economy division of the BIS’s Monetary and Economic Department. He has “contributed extensively to BIS… Read More

European Lender October Funded a Record 840 Projects in 2021

The CEOs and team at European online lender October have thanked all their retail lenders and institutional investors, as they closed out 2021. The company has been focused on lending everyday to European SMEs. October writes in a blog post that in 2021, platform users… Read More

In 2019, the Autorité Des Marchés Financiers in France Approved its First ICO, Since then Few Have Used the Updated Rules

In December 2019, the Autorité des Marchés Financiers in France approved its first initial coin offering (ICO). France had previously pushed forward legislation that sought to regulate ICOs under the French Pact Law (or Loi Pacte). The Loi Pacte introduced an optional visa regime for… Read More

France: The Year The Startup Ecosystem Shattered Records

Avolta Partners has distributed a note highlighting the gangbuster year for the French startup ecosystem. Avolta is a French boutique investment bank that is participating in this sector that says it is one the most active M&A firms in Europe in the tech industry, including… Read More

European Lender October Receives €30M Investment from Invest-NL and EIF

European marketplace lender October has reportedly acquired a €30 million commitment from the European Investment Fund (EIF) and the Dutch impact investor Invest-NL in the context of the European Guarantee Fund (EGF) and the Dutch Alternative Credit Instrument mandates. As noted in an update from… Read More

Ledger Enables In-Wallet ICP Staking

Ledger, a wallet solution for crypto, is enabling staking for the Internet Computer Protocol (ICP) token. According to a statement by Ledger, it is partnering with the Dfinity Foundation, a contributor to the Internet Computer, a blockchain that runs at web speed, serves the web,… Read More

France based Fintech Lydia Secures $100M+, Achieves Unicorn Status

After introducing its 100% mobile trading solution two weeks ago, Lydia has announced that it secured $100 million in capital. Lydia‘s investment round is led by existing investors (Accel, Founders Future and Tencent), who are taking the opportunity to “renew their confidence in the company’s… Read More

Ali Niknam, Founder of European Fintech bunq, Explains Why He Launched the Firm, After Recently Acquiring A Significant Investment

Ali Niknam, CEO and founder of European Fintech bunq, recently noted that they are starting off on a “new beginning for bunq” Niknam wrote in a blog post dated December 2, 2021 that today “marks the start of a new chapter in bunq’s history.” Niknam… Read More

BNP Paribas Asset Management Announces New Appointments for Enhancing Sustainability Investment Offering

BNP Paribas Asset Management (BNPP AM) has reportedly announced several appointments within its Sustainability Centre in order to accelerate and strengthen its sustainable investment offering. As mentioned in an update shared with CI: “At the core of BNPP AM’s approach to sustainability, the Sustainability Centre… Read More

France: AMF Publishes Report on Rise of Retail Investors and Interest in “Neo-Brokers”

The French Autorité des Marchés Financiers (AMF) is out with a report that highlights the interest of retail investors in the financial markets. A follow on report to a prior study in April 2020, the AMF states that trading volumes in regulated financial instruments have… Read More

October CEO Olivier Goy Says that as A Fintech Platform, they Welcome State Guaranteed Loans in Certain Jurisdictions

Online marketplace lender October is currently active in five European nations. October CEO and Founder Olivier Goy recently noted that he launched October 7 years ago in France. While commenting on the financing landscape 7 years back and now and the challenges and opportunities this… Read More

Austrian Fintech Bitpanda and France’s Super App Lydia to Offer Clients Access to Crypto-Assets

Austrian Fintech firm Bitpanda and France’s mobile financial services Super-App provider, Lydia, are teaming up to provide Lydia’s 5.5 million clients with access to investing in crypto-assets. Lydia will reportedly be using Bitpanda’s white-label solution, which is an API-powered infrastructure that allows Fintech platforms and… Read More

France’s Societe Generale to Leverage Data and AI to Help with Digital Transformation Strategy

Paris-based Société Générale S.A. (GLE.PA), a French multinational investment bank and financial services company with around €1.3 trillion in assets, says it is putting its trust in data and AI in order to help the organization with transitioning into the digital age. As the institution… Read More

Fintech Stripe Expands Stripe Terminal to Ireland, France, Germany, UK, Netherlands

Stripe, a tech firm establishing key economic infrastructure for the Internet, has announced the expansion of Stripe Terminal to Ireland, France, Germany, the UK, and the Netherlands. As European consumers return to in-person shopping, Terminal “extends Stripe’s payments infrastructure to the physical world.” International businesses… Read More

P2P Lending Platform Robo.cash Says Peer to Peer Loans are Creating Competition for Traditional Banking Services: Report

Croatian peer-to-peer lender Robo.cash says that P2P loans increase competition with traditional banking. Robo.cash writes in a blog post that European nations with stable and developed economies are leading “in terms of consumer and business lending.” The complete digitalization of the financing process “becomes one… Read More

Bpifrance Leverages October Connect Tech to Streamline its Digital Risk Analysis

European online marketplace lender October notes in a recent blog post that as part of the economic support plan following the Covid-19 outbreak, Bpifrance introduced the digital Prêt Rebond (Rebound Loan) back in in April 2020, in partnership with the French Regions, allowing SMEs of… Read More

Send this to a friend