Tagged: france

June 14, 2023 @ 9:03 am By Omar Faridi  |  

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), and Keytrade Bank, the first online bank in Belgium and part of Credit Mutuel Arkea, one of France’s largest banking groups, announced the bank’s decision to select Infosys Finacle as the preferred… Read More

June 4, 2023 @ 11:25 pm By Omar Faridi  |  

Ismo, which says it is on a mission to make investing in the financial markets accessible to all, has secured 113% (€823,900.31) of its €725,000 target from 351 investors (at the time of writing) through its crowdfunding campaign, carried out via Crowdcube (with 9 days… Read More

June 3, 2023 @ 11:02 am By Omar Faridi  |  

Regnology, a software provider with a focus on regulatory reporting solutions, announces today it expects to sign a definitive agreement to acquire Invoke, a French-based provider of financial, regulatory, and tax reporting solutions for supervisory authorities, and reporting entities. On completion of the agreement, the… Read More

June 1, 2023 @ 9:09 am By JD Alois  |  

Smart Lenders AM has surpassed $2 billion in online loans financed, claiming to be the top European crowdfunding specialist for debt. Smart Lenders, based in Paris, invests in loans originated in online lending platforms in Europe and the US. Loans include both consumer and business…. Read More

May 30, 2023 @ 9:21 am By JD Alois  |  

Mangopay, a payments infrastructure provider that is big in marketplaces, has hired Michal Jedraszak as Chief of Staff. Mangopay says the new position is part of a strategic push to expand services globally. Jedraszak is expected to oversee project management and governance, and drive cross-functional… Read More

May 23, 2023 @ 11:29 am By JD Alois  |  

Trade credit provider Hokodo and Mangopay – a successful European payments platform, have announced a partnership that will see Hokodo’s solutions available to Mangopay B2B platforms. Hokodo offers digital trade credit and B2B Buy Now, Pay Later (BNPL) solutions for merchants to sell more by… Read More

May 13, 2023 @ 2:47 pm By Omar Faridi  |  

Revolut announced its strategy for France over the next few years, including the launch of customer credit products towards the end of May 2023. At a recent press conference held in Paris hosted by Antoine Le Nel, VP of growth at Revolut, Le Nel said… Read More

April 12, 2023 @ 10:34 pm By Omar Faridi  |  

Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology data and services, announced today the expansion of its services capabilities and offerings in the Asia-Pacific (APAC) region. Linedata has extended its APAC offerings “to include new industry segments namely private equity,… Read More

April 3, 2023 @ 12:27 pm By Omar Faridi  |  

Covéa, the car insurer in France with 10.7 million vehicles insured by its French brands MAAF, MMA and GMF, announces the use of Tractable‘s artificial intelligence technology “to accelerate claims processing nationwide in France.” Covéa has been working with Tractable since 2016 “to simplify claims… Read More

April 3, 2023 @ 7:49 am By JD Alois  |  

Edda, a Paris-based Fintech, has announced a partnership with Innovation Bay, a community for startups based in Australia. Edda is a tool for professional investors that aims to create value by allowing users to see the value of their investments and the impact they generate… Read More

March 31, 2023 @ 8:04 am By Omar Faridi  |  

In just a year since it launched its Jizô Network Detection & Response (NDR) solution, French cybersecurity company Sesame it reveals that it “has achieved profitability and plans to accelerate European development thanks to a €10 million fundraising.” Sesame it, which claims to be one… Read More

March 30, 2023 @ 12:21 pm By JD Alois  |  

Ledger, a digital asset firm based in France, has raised an additional €100 million (~$108.3 million) to fuel the company. The valuation was set in 2021 at €1.3 billion during the initial Series C round – so not exactly a down round but flat –… Read More

March 28, 2023 @ 5:58 pm By JD Alois  |  

The French national financial prosecutor’s office (Parquet Financier National – PFN) announced today that it has engaged in multiple search operations at five banking and financial services firms located in Paris and La Defense (a suburb of Paris). According to the prosecutor, the actions are… Read More

March 24, 2023 @ 4:59 am By Omar Faridi  |  

Following the acquisition of fraud detection company Nethone in November 2022, Mangopay continues strengthening its payment flow capabilities “by acquiring WhenThen, a payment orchestration and payments automation platform, providing powerful payment acceptance and payment operations to marketplaces and platforms big and small.” Just four months… Read More

March 22, 2023 @ 9:26 am By JD Alois  |  

As the US stumbles in crafting bespoke regulation for digital assets, Circle, the issuer of dollar-based stablecoin USDC, has applied to be regulated in France. France crafted digital asset regulation some years ago in an attempt to provide clarity for firms looking to offer crypto…. Read More

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