Tagged: france

Bitcoin (BTC) Payments Now Accepted at Billion Dollar Food Delivery Giant, Just Eat in France, but Consumers Not Impressed

Billion-dollar food delivery giant, Just Eat in France, is now accepting Bitcoin (BTC) payments. Just Eat had been allowing users to pay with Apple Pay, Google Pay, PayPal, and also with their credit cards through its website. Other traditional payments options such as checks and… Read More

Smart Lenders AM Receives Equity Investment from Matmut

Smart Lenders AM, a firm that invests in marketplace lending, has received an equity investment from Matmut, according to a company release. Matmut is said to have been an investor in the Moonstone Lending Fund, the main investment vehicle managed by Smart Lenders. Matmut reportedly… Read More

Online Lender October Explains how Investors can Help Businesses Cope with COVID-19 with French Government Guaranteed Loans

October, a leading European online lender, confirms that State guaranteed loans were recently introduced in France by the nation’s government in order to help businesses during the COVID-19 pandemic, as they might be struggling to maintain operations. October explains that the French government aims to… Read More

Over 15 Countries have Defined Regulatory Framework for Blockchain based Security Tokens: Report

The team at Security Token Advisors, a group of professionals that aim to “reinvent” finance with security tokens, reveals that that many “progressive” legislators and regulators have been focused on defining relevant rules and standards for issuing blockchain or distributed ledger tech (DLT)-based financial securities… Read More

Crypto.com Launches French Version of App & Exchange

Hong Kong-based cryptocurrency platform Crypto.com announced on Friday it has launched a French version of its mobile and exchange. The company revealed that the debut is part of its mission of accelerating “the world’s transition to cryptocurrency.” Crypto.com also revealed that since rolling out the… Read More

European Marketplace Lender October Reports a “Record Month,” 55 Projects Received Funding During July 2020

October, a leading European online lender, reveals that it was definitely not “idle” during the month of July 2020, despite the challenges created by the global COVID-19 outbreak and the resulting economic uncertainty. October claims that July 2020 was a record month, during which 55… Read More

Open Banking: Nuapay Now Connected with 55 Banks in France

Nuapay is now connected with 55 banks operating in France connecting 190 million French bank accounts. Nuapay’s French merchants will now be able to accept instant payments via Open Banking from customers, according to a company release. Nuapay is a subsidiary of Sentenial. The company… Read More

Digital Transformation: Financial Giant BNP Paribas to Use IBM Cloud for Financial Services Framework for Improved Security, Compliance

BNP Paribas, a French international banking group that’s ranked as the 8th largest bank in the world in terms of total assets (appr. €2 trillion), will reportedly become an anchor client in the European Union for tech giant IBM’s Cloud for Financial Services framework. The… Read More

Lemonway to Provide Payment Services for EstateGuru

  Payment Fintech Lemonway has been enlisted by EstateGuru to facilitate its expansion across Europe. EstateGuru is a marketplace matching property-backed loans with individual investors. EstateGuru is working on “developing a digital and borderless ecosystem for real estate financing and investing in Europe and beyond.”… Read More

Banque de France Announces CBDC Candidate Selections

The Banque of France has announced its selection of firms that will take the next step regarding a Central Bank Digital Currency or CBDC. According to a release, following the examination of the applications received on 15 May in response to the Banque de France’s… Read More

PayPal Launches “Buy Now, Pay Later” Installment Solution in France

PayPal (NASDAQ: PYPL) announced on Thursday it is expanding its “buy now, pay later” solutions to France, with a new installment product that will enable customers to split purchases into four equal payments over three months, nearly anywhere PayPal is offered. According to PayPal, the… Read More

French Financial Giant Société Générale Acquires Neobank Shine to Better Serve Clients looking for All-Digital Services

Paris-based Société Générale S.A., a French multinational investment bank and financial services company with around €1.3 trillion in assets, is reportedly acquiring Shine, a French neobank for business owners. The acquisition might be worth approximately €100 million, according to estimates from industry participants. Established about… Read More

Biometrics and Facial Recognition ID Solution Provider IDEMIA Launches Eco-Friendly Payment Card with Treezor and French Fintech OnlyOne

France’s IDEMIA, a global company focused on providing security and identity solutions, including facial recognition systems and related biometric ID verification services (with over $3 billion in yearly revenue), and Treezor have launched an eco-friendly payment card by Onlyone, a French Fintech company. The announcement… Read More

AI Fintech ubble Secures Over $11 Million in Capital to Develop Digital ID Verification Product using Biometric Facial Recognition

France-based AI company ubble has acquired more than €10 million (appr. $11.2 million) in capital through a round led Breega and Partech and Breega. The funds raised will reportedly be used to develop ubble’s remote onine ID verification product which will include biometric facial recognition…. Read More

French Independent Bank Memo Bank Receives Authorization From the European Central Bank & French Banking Authorities to Launch Banking Services; Raises $23 Million Through Investment Round

Memo Bank, a France-based independent banking group, announced earlier this week it has been authorized by the European Central Bank (ECB) and the French banking authorities (ACPR) to launch their banking services. Founded in 2017, Memo Bank states it is on a mission to provide… Read More

Open Banking: European Countries Need to “Harmonize” their Approach to Open Finance, Andréa Toucinho from Partelya Consulting Suggests

Andréa Toucinho, the Director of Studies, Prospective and Training of Partelya Consulting and Country Ambassador for France of European Women Payments Network (EWPN), notes that it’s necessary to develop a European vision or roadmap for adopting Open Banking and Open Finance platforms. She suggests that… Read More

Marketplace Lender October Adds new Predictive Risk Tool to Platform Facilitating Instant Loans

October, an online lender serving European SMEs, has launched a new predictive risk tool to instantly respond to requests for State Guaranteed Loans. Like other regions, the COVID-19 crisis has hit European businesses hard. In order to help them get back on their feet, the… Read More

Brussels based Fintech iBanFirst Secures €21 Million in Capital via Series C led by Elaia, Bpifrance Large Venture

Brussels-based Fintech firm iBanFirst has secured €21 million in capital through a Series C round, which was led by Elaia and Bpifrance Large Venture. The funds raised will be used to expand iBanFirst’s financial services platform for SMEs. The company mainly focuses on supporting B2B… Read More

First Regulated Utility Coin Issued in France, FICO Trades on Zebitex

As was previously announced, FICO or French-ICO has commenced trading on the Toulouse, France based cryptocurrency exchange Zebitex. French-ICO is a primary issuance platform for firms interested in raising capital via a digital asset offering. FICO was the very first initial coin offering (ICO) to… Read More

Securities Services Division of BNP Paribas to Use Natural Language Generation to Provide Concise Executive Summaries

The Securities Services division of France’s BNP Paribas, the 8th largest bank in the world in terms of total assets, is reportedly using Natural Language Generation (NLG) to prepare concise, one-page executive summaries for its custody customers. BNP Paribas explained that NLG helps it convert… Read More

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