Tagged: france

Bucking the Trend: France Expected to Hit Record for VC Tech Funding, Fintech Leads

Boutique investment bank Avolta is out with an interesting report that indicates that France is bucking the trend when it comes to the global drop in venture capital funding for tech. In fact, France is predicted to hit an all-time high in 2022 for VC… Read More

France: Autorité des Marchés Financiers and Autorité de Contrôle Prudentiel et de Résolution, Caution Public on Unauthorized Crypto Derivatives

The Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR), have issued a statement warning the public about entities offering crypto derivatives and Forex investments without authorization. The regulators maintain a “black list” of websites that is periodically updated that… Read More

European Credit Provider Younited Reaches Milestone of €200M in Annual Revenue in H1 2022

Younited, the instant credit provider in Europe, provides European households – in France, Italy, Spain, Portugal, and Germany – with financing solutions “for projects and purchases up to 50,000 euros.” This milestone is the “best proof” of the relevance of Younited’s offer to its customers:… Read More

Crypto.com Obtains Regulatory Approval in France

Crypto.com, which claims to be one of the world’s fastest-growing cryptocurrency platforms, announced it has been registered in France as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF) following clearance from the Autorité de Contrôle Prudentiel et de Résolution (ACPR)…. Read More

Watch: Banque de France Holds Event on the Tokenization of Finance

The Banque de France, the central bank of France, will hold an in-person event to discuss the Opportunities and Challenges of the Tokenisation of Finance, tomorrow, September 27, 2022. The event is taking place at the Musée du Louvre in Paris but it will also… Read More

GoCardless Introduces Open Banking-powered Feature in France

GoCardless, a provider of direct bank payment solutions, has launched Verified Mandates in France. Part of the GoCardless global ‘bank payment’ platform, Verified Mandates “combines the Account Information Services (AIS) capabilities of open banking with bank debit to stop fraud before it happens.” This represents… Read More

Varenne Capital Partners Selects TS Imagine to Support its Trading Activities

TS Imagine, a global platform focused on trading, portfolio, and risk management solutions for capital markets, announced that Varenne Capital, a Paris-based, process-driven, global investment manager, has selected TradeSmart OEMS, which is TS Imagine’s Order and Execution Management System, “to support its trading activities.” TradeSmart… Read More

Villyz Claims to be First French Crowdfunding Platform to Gain ECSP Approval

Villyz, an online investment platform based in Paris, says it has received approval to offer securities across the European Union under ECSPR (European Crowdfunding Service Provider Regulation). The new rules went into effect in November of 2021 allowing issuers to raise up to €5 million… Read More

Open Banking Europe, Combines with Open Banking Exchange (OBE)

Open Banking Europe and Open Banking Exchange have combined to form a single group in pursuit of the benefits of open banking (open finance) technology. According to a statement from the new group, “subject matter experts and advisors to regulators, self-regulated organizations (SROs) and national… Read More

French Crowdfunding Association Criticizes Aspects of ECSPR

Recently, new European Crowdfunding Service Provider Regulation (ECSPR) compliance was extended for another year. Actionable as of November 2021, the move to harmonize European regulation was greated as an enormous leap for online capital formation. For the first time, platforms would be able to help… Read More

European Finance Solution Provider Qonto Aims to Acquire German Fintech Penta

Qonto, which claims to be the leading European business finance solution, announced its intent “to acquire German fintech Penta.” The deal, which is expected to close in the next few weeks, “comes amid continuous growth for both companies.” This acquisition “represents the logical next step… Read More

France: AMF and ARPP to Cooperate on Financial Promotions, Including Crypto Assets

The Autorité des Marchés Financiers (AMF) and the Autorité de Régulation Professionnelle de la Publicité (ARPP) will partner on promotions and communications in the financial sector especially in light of the changing environment for offerings. The agreement notes specifically the need to partner on “the… Read More

3rd Best Quarter in France Tech History for Venture Funding: Avolta

Avolta, a French boutique investment bank that is active in the venture space in Europe, has published a report on French tech funding reporting that Q2 2022 is the 3rd best quarter for funding ever. While certain markets are sagging, due to the rocky economy,… Read More

French Fintech Qori Introduces Multi-Channel Pay by Bank, Pay by Crypto Technology

French startup Qori has officially launched services, allowing Europeans to make payments in store, remotely or online with their bank or virtual currency wallets without being required to download a proprietary app. The “pay by bank” and “pay by crypto” tech is currently available to… Read More

Fintech Enfuce to Launch Business Operations in the UK

Finnish Card-as-a-Service Fintech Enfuce is reportedly set to launch operations in the United Kingdom after finalizing a €45 million round back in December 2021. Established by co-CEOs Monika Liikamaa and Denise Johansson, Enfuce recently expanded its international presence in Germany and France and currently claims… Read More

GoHenry Announces Acquisition of France’s Teen Banking Fintech Pixpay

The team at GoHenry notes that it has been 10 years since they launched operations in the United Kingdom, and they now have more than two million members in the UK and US. They recently launched their in-app Money Missions “to make financial education fun… Read More

France: Morpho Labs Raises $18 Million for Decentralized Lending

Morpho Labs, a French research and software development firm, has raised $18 million to pursue its vision of a new decentralized lending protocol. The funding round was led by Andreessen Horowitz (a16z) and Variant. The company states that approximately 100 investors participate in the funding… Read More

October Comments on Default Rates, and How to Boost Savings via their Platform

Last year, October had carried out a survey among their community of lenders in order to gain insights into the topics they were “eager to learn more about.” One topic came back repeatedly: their platform statistics. To answer your questions related to stats, October is… Read More

Goodvest, which Aims to Build a Sustainable Investment Platform, Acquires €452,323 via Crowdcube

Goodvest, which is on a mission to build a “sustainable” investment platform committed to fight climate change: 100% personalized & transparent, has secured 187% (€468,760) of its €250,000 target from 379 investors through its crowdfunding campaign, carried out via Crowdcube. There are now 8 days… Read More

EU: Markets in Crypto Assets (MiCA) Proposal – Feedback from Industry Insiders

Last week, it was revealed that the decision-makers for the European Union had come to terms on crypto-asset regulation under the Markets in Crypto Assets (MiCA) legislation. The European Commission announced the MiCA proposal on 24 September 2020 as part of a larger digital finance… Read More

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