Tagged: france

January 12, 2022 @ 9:05 am By Omar Faridi  |  

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

January 7, 2022 @ 3:15 pm By Omar Faridi  |  

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

January 2, 2022 @ 12:13 am By Omar Faridi  |  

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

December 29, 2021 @ 10:18 am By JD Alois  |  

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

December 27, 2021 @ 12:22 pm By JD Alois  |  

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

December 13, 2021 @ 8:02 am By Omar Faridi  |  

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

December 10, 2021 @ 7:42 pm By JD Alois  |  

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

December 9, 2021 @ 7:47 am By Omar Faridi  |  

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

December 6, 2021 @ 9:50 am By Omar Faridi  |  

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

December 2, 2021 @ 10:47 pm By Omar Faridi  |  

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

November 30, 2021 @ 9:03 am By JD Alois  |  

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

November 29, 2021 @ 4:10 pm By Omar Faridi  |  

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

November 26, 2021 @ 8:11 am By Omar Faridi  |  

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

November 24, 2021 @ 8:31 am By Omar Faridi  |  

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

November 24, 2021 @ 8:26 am By Omar Faridi  |  

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

November 20, 2021 @ 1:29 pm By Omar Faridi  |  

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

November 20, 2021 @ 10:30 am By Omar Faridi  |  

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

November 20, 2021 @ 9:32 am By Omar Faridi  |  

Digital assets firm Kraken notes that in the fast-paced world of virtual currencies, every second counts when you’re moving funds around. Kraken writes in a blog post that establishing the bridges that enable seamless transactions from legacy banking platforms to the “ever-growing” number of blockchain… Read More

November 11, 2021 @ 5:59 pm By JD Alois  |  

The European Banking Authority (EBA) has published its Final Report on draft Regulatory Technical Standards (RTS) specifying the information that crowdfunding service providers offering individual portfolio management of loans shall provide to investors in relation to the method to assess credit risk, and on each… Read More

October 25, 2021 @ 8:55 am By Tony Zerucha  |  

European SME lender October began by building a product for internal use, but the industry needed it too, so they branched out, COO Patrick de Nonneville said. October was founded in 2015 after de Nonneville had been looking at some Fintech investments in Europe. It… Read More