Tagged: france

October 16, 2021 @ 10:26 am By Omar Faridi  |  

During the market recovery following the Coronavirus crisis, European peer-to-peer platforms that emerged by 2017 have managed to rebound “at above-market growth rate,” according to a report from Robo.cash. The Croatian P2P lender noted that “calm upward trend is supported by a 2% increase in… Read More

October 3, 2021 @ 10:06 pm By Omar Faridi  |  

eFounders-formed Banking-as-a-Service (BaaS) Fintech Swan has secured €16 million in funding via a Series A round that was led by Accel. Swan’s latest investment round has come about a year after the Fintech firm finalized its seed round. The company claims that it now has… Read More

September 29, 2021 @ 11:18 pm By Omar Faridi  |  

Market Pay, the European omni-channel payment service provider, reveals that it will be  acquiring Dejamobile, a French Fintech platform offering mobile and connected equipment payment solutions. After the acquisition has been finalized, Dejamobile will become a subsidiary of Market Pay, the announcement confirmed. Dejamobile is… Read More

September 29, 2021 @ 7:47 am By Omar Faridi  |  

UK-based digital bank Starling is expanding its business operations into Europe. As of H1 2022, “subject to regulatory approval,” Starling intends to make its Banking as a Service (BaaS) solution offering available in the European Union, which includes France, Germany, The Netherlands and Spain, according… Read More

September 26, 2021 @ 7:34 pm By Omar Faridi  |  

Entrust, a US digital security and credential issuance service provider, reveals that it has entered a deal to acquire Paris-headquartered Antelop Solutions, a Fintech firm that supports financial institutions by allowing them to provide secure digital credit and debit cards to clients. As noted by… Read More

September 25, 2021 @ 10:59 am By Omar Faridi  |  

Fintech firm Modulr has now opened business offices in the Netherlands, which will serve as “the springboard for its EU-wide expansion in 2022 and 2023.” Following steady business growth in the United Kingdom during the last 5 years, Modulr is expanding rapidly, putting significant investment… Read More

September 20, 2021 @ 8:37 pm By Omar Faridi  |  

Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, and the Agence Française de Développement (AFD), the French Development Agency, have committed to a grant facility agreement of 700,000 Euros (appr. PHP 41.3 million) in order to support the Philippines’ financial inclusion efforts,… Read More

September 19, 2021 @ 5:07 pm By Omar Faridi  |  

European online lender October explains that they aim to effectively connect borrowers and lenders. Lenders are able to invest their savings “usefully” and “profitably” in order to facilitate the funding of the “real economy” while companies or businesses “find new, simple and effective sources of… Read More

September 17, 2021 @ 9:39 am By JD Alois  |  

Following a $51 million Series B funding round, open banking provider Yapily has announced its expansion into France. Yapily says it has already developed considerable capabilities in the French market. With 100% PSD2 connectivity, Yapily covers more than 85% of French bank accounts, enabling banks,… Read More

September 16, 2021 @ 9:26 am By JD Alois  |  

Payments service provider (PSP) Lemonway has partnered with Tink to facilitate payments to customers across Europe with “Pay By Bank.” Tink is an open banking platform that enables banks, Fintechs and startups to develop data-driven financial services via an API platform. Tink currently connects more… Read More

September 12, 2021 @ 5:18 pm By Omar Faridi  |  

French government agency Agence Nationale des Titres Sécurisés (ANTS) will be teaming up with IDEMIA, a provider of identity-focused security solutions. ANTS and IDEMIA will be supporting the national digital identity program, called France Identité Numérique. With their consent, France residents accessing the service can… Read More

August 25, 2021 @ 7:32 pm By Omar Faridi  |  

CJDNS SASU, a French software R&D start-up in the PKT ecosystem, recently announced its funding agreement with NGI-LEDGER, a European Commission’s initiative that aims “to shape the development and evolution of the Internet.” The agreement secures funding for SafePKT, an initiative that aims to bring… Read More

August 12, 2021 @ 8:10 am By Omar Faridi  |  

Online lender October is currently active in five different European countries and now it’s the turn of the CEO of October Italy Sergio Zocchi to share his views and insights (after the company’s Netherlands and Spain Chief Executives provided comments during interviews). Sergio Zocchi, who… Read More

August 5, 2021 @ 8:01 am By Omar Faridi  |  

UK-based TrueLayer, which is one of Europe’s leading Open Banking platforms, reveals that Clement Boulais has now joined the company as GM for France. Clement Boulais is an experienced commercial manager and Fintech expert. He’ll be working out of the firm’s Paris offices and will… Read More

July 29, 2021 @ 8:37 am By Omar Faridi  |  

The Board of Directors at Capgemini SE, chaired by Paul Hermelin, convened on July 27, 2021 in Paris in order to review and adopt the accounts of Capgemini Group for H1 2021. Aiman Ezzat, CEO at Capgemini Group, said that Capgemini has been able to… Read More

July 28, 2021 @ 8:06 am By Omar Faridi  |  

GoCardless, a global Fintech in account-to-account payments, has reportedly appointed Alexandra Chiaramonti as its GM of Southern Europe. Chiaramonti will be responsible for leading GoCardless‘ ongoing growth in the region by continuing to recruit new talent in order to strengthen the firm’s presence in its… Read More

July 26, 2021 @ 8:34 am By JD Alois  |  

Smart Lenders AM, a France-based asset management firm that is focused on loan portfolios from online lenders, is celebrating the 5th anniversary of its Moonstone Lending Fund (MLF) SIF SICAV launched in July 2016. Smart Lenders moved from London to Paris in 2018. Smart Lenders’… Read More

July 24, 2021 @ 6:49 pm By Omar Faridi  |  

Cross-border payments Fintech Thunes revealed earlier this week that it acquired Limonetik, a European Payment Methods Platform. The latest acquisition by Thunes should complement the Fintech firm’s existing cross-border payments solutions by enabling companies or businesses to get paid in 70 different countries, using more… Read More

July 24, 2021 @ 4:22 pm By JD Alois  |  

Real estate crowdfunding. one of the most popular sectors of online capital formation is picking up pace in France, according to research by Fundimmo. While 2020 was a challenging year for all platforms, everywhere, 2021 is on track of a solid year of gains for… Read More

July 23, 2021 @ 5:51 pm By Omar Faridi  |  

France-based Spendesk, a spend management platform, has acquired €100 million in capital through a Series C round that was led by General Atlantic, an international growth equity company. Spendesk offers finance professionals a software-as-a-services or SaaS spend management system for complete visibility and control on… Read More