Tagged: france

March 25, 2019 @ 6:17 pm By JD Alois  |  

The French National Assembly recently passed the PACTE law (Loi PACTE). The omnibus bill entails a variety of acts of legislation designed to boost the French economy. Championed by the French government it is expected to become law within the coming months – perhaps as… Read More

March 25, 2019 @ 9:00 am By JD Alois  |  

France is a country that is seeking a path to enable digital assets. In the past, Bruno Le Maire, the Minister of the Economy and Finance of France, has been fairly outspoken on the topic as he has publicly stated that blockchain is a technical… Read More

March 25, 2019 @ 2:45 am By JD Alois  |  

France is a country that is pursuing a regulated path for the tokenization of securities. The Pacte Law (Loi PACTE) is predicted to be signed into law at some point this spring. Ostensibly, the legislation will define the issuance, and management, of digital assets. In… Read More

March 21, 2019 @ 6:31 am By Erin Hobey  |  

The gay travel platform misterb&b has quickly surpassed $516K with the help of 916+ investors, easily bypassing its minimum target, and on its way to a $1M Wefunder campaign target goal. Just last year the startup celebrated an $8.5M Series A round. Founded by CEO Matthieu… Read More

March 8, 2019 @ 1:00 am By Cali Haan  |  

The French National Assembly’s Finance Committee has issued a report on cryptocurrency and blockchain sectors in the country. The report’s introduction is written by Committee president Eric Woerth, who urges the country to continue refining regulations governing the sector. He also argues against promoting cryptomining… Read More

March 7, 2019 @ 1:00 pm By Linh Bergen-Peters  |  

The number of women-owned businesses has been steadily increasing globally. Despite this, accessing finance to start or grow their business remains a struggle for many women. A study by the Federal Reserve Banks of New York and Kansas City found that women are less likely… Read More

February 25, 2019 @ 5:57 pm By Therese Torris  |  

Recently, the French Crowdfunding Association (Financement Participatif France or FPF) published their annual crowdfunding barometer. The report indicated that alternative finance continues to grow in France but when you separate equity crowdfunding, this segment indicates a decline. Crowdfund Insider published an article on the FPF… Read More

February 22, 2019 @ 12:09 pm By Cali Haan  |  

UBS, Switzerland’s largest bank, was fined 4.5 billion Euros ($5.1 billion USD) Wednesday for “aggravated money-laundering of the proceeds of tax fraud” as well as “illegal bank soliciting” for its alleged role in helping wealthy French citizens avoid taxes, Associated Press reports. Five former UBS… Read More

February 21, 2019 @ 10:21 am By Therese Torris  |  

Launched last quarter, Anaxago Capital, the asset management sister of French equity crowdfunding platform Anaxago, announces its first investment fund. FCPR ANAXAGO SOCIETY ONE is a real estate development fund dedicate to funding construction and renovation projects. Anaxago Capital aims to raise €30 million to… Read More

February 14, 2019 @ 2:08 am By JD Alois  |  

Payments platform Lemon Way is reporting solid growth. The France-based Fintech says it has experienced “astounding growth in Europe with major increases to turnover and new payment accounts for 2018.” Founded in 2012, Lemon Way is a payments provider that has targeted the digital industry… Read More

February 8, 2019 @ 10:54 am By Samantha Hurst  |  

BNP Paribas announced earlier this week that it is now offering Apple Pay to its customers, as well as Hello bank! customers in France. This news comes just a couple of months after BNP Paribas announced it was bringing Apple Pay to its customers in Belgium. … Read More

January 31, 2019 @ 1:21 am By Therese Torris  |  

At the Paris Fintech Forum, Charles Egly, Co-founder & CEO, Younited Credit highlighted his company’s latest achievements and the recent strategic development of its Credit-as-a-service offering. Among the achievements, Younited Credit announced that it passed the €1 billion mark in consumer credit origination. Among direct… Read More

January 30, 2019 @ 1:00 am By Therese Torris  |  

The Paris Fintech Forum gathers more than 2,500 participants this week in Paris at the old stock exchange to meet hundreds of Fintechs and listen to more than 200 CEOs, heads of government and regulation agencies, as well as luminaries such as Ms Christine Lagarde,… Read More

January 24, 2019 @ 8:00 am By Therese Torris  |  

French SME crowdlending platform Credit.fr has announced the acquisition of Homunity, a real estate crowdlending platform. The acquisition is a welcome move in a fragmented marketplace. The acquisition of Homunity, France’s leading independent real estate crowdfunding platform, enables Credit.fr to strengthen its position in the… Read More

January 18, 2019 @ 5:19 pm By JD Alois  |  

According to a report from Mathieu George of Crowdlending.fr, the SME peer to peer lending market in France delivered decent growth during 2018. Overall, the market grew by 18% led by October – €59.6m (formerly known as Lendix) followed by Credit.fr – € 20.1m  and then… Read More

January 9, 2019 @ 12:55 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) has just published its “Advice” on “Initial Coin Offerings and Crypto-Assets.” In the past, ESMA has issued several warnings regarding crypto-assets and virtual currencies. The Advice outlines ESMA’s position on the issues that exist in the rules within ESMA’s… Read More

January 4, 2019 @ 3:30 pm By JD Alois  |  

On December 24th, the French Government issued a decree (Décret n°2018-1226 du 24 décembre 2018) outlining the utilization of blockchain for securities. Specifically, for the “use of a shared electronic recording device for the representation and transmission of financial securities and for the issue and sale… Read More

January 3, 2019 @ 10:09 pm By JD Alois  |  

Fintech, or financial innovation, is pervasive within the financial services industry. Innovation has always existed in this sector of business but the advent of the internet combined with the creativity of risk taking entrepreneurs has engendered an accelerated period of disruptive change in finance. Think about… Read More

December 28, 2018 @ 10:54 am By Therese Torris  |  

Ever since the Brexit, France has aimed to establish itself as the Continental European alternative to the London Fintech hub. The goal is ambitious. France is home to many a worldwide leading financial institution such as global Nr. 1 insurer AXA and Nr 1 non-Chinese… Read More

December 17, 2018 @ 11:11 pm By JD Alois  |  

A report delivered to the French National Assembly advocated transforming France into the “Blockchain Nation.” According to MP Jean Michel Mis, the goal is to pursue three objectives (translated): to make pedagogical work, by presenting the state of the art and its possible uses; to… Read More