Tagged: france

June 4, 2018 @ 10:02 am By Samantha Hurst  |  

Fintech unicorn TransferWise has formed a new partnership with France’s second-largest bank firm, BPCE Groupe. The launch of the new collaboration comes less than two months after TransferWise debuted its new borderless and fee free, multi-country, bank accounts and debit cards. According to TechCrunch, as… Read More

June 1, 2018 @ 1:31 pm By JD Alois  |  

The Autorité des Marchés Financiers in France has appointed a new executive for the relatively new Fintech division. Domitille Dessertine, who was involved with the creation of the new division two years ago, is the new Director of the Fintech, Innovation and Competitiveness Division (FIC) for… Read More

May 28, 2018 @ 7:11 pm By Therese Torris  |  

President Macron at Viva Tech, the “French CES” The question to ask about Viva Tech, the French Tech show taking place in Paris, May 24th to 26th, is not “Who goes there?” but rather “Who doesn’t?” In its third edition, Viva Tech, launched in 2016… Read More

May 21, 2018 @ 1:00 am By Therese Torris  |  

  A consumer survey reveals that the penetration of crowdfunding in France is still quite low. However, consumers have a very positive image of crowdfunding, one that remains close to its historical root values of innovation, democratization of access to financing, transparency, and economic /… Read More

May 18, 2018 @ 4:32 pm By JD Alois  |  

The Autorité des Marchés Financiers (AMF) released its annual report this past week. As part of the release, Chairman of the AMF Robert Ophèle delivered a speech highlighting important issues and challenges within the financial markets. During his speech, Ophèle commented on “toxic investments.” While first addressing binary… Read More

May 17, 2018 @ 11:00 am By Samantha Hurst  |  

Earlier this week, France-based online lending platform Lendix announced it has appointed Luuc Mannaerts as the new CEO of Lender Nederland, Lendix’s Dutch subsidiary. According to the online lender, Mannaerts has more than 20 years of experience in the Dutch and European banking sector. Prior to… Read More

May 8, 2018 @ 9:55 am By JD Alois  |  

Kleros, a blockchain dispute resolution layer protocol, has been accepted into the Thomson Reuters Incubator program. Kleros says it enables both individuals and businesses to feel secure while conducting transactions online. This is accomplished by using smart contracts to reduce counterparty risk in a wide… Read More

May 2, 2018 @ 3:54 pm By Samantha Hurst  |  

UK-based fintech Finastra announced on Wednesday it has joined Finance Innovation, which is described as a community that supports innovation across all areas of financial service in France. The company reported its participation in the Finance Innovation program is to drive fintech collaboration in France. … Read More

April 30, 2018 @ 1:54 pm By JD Alois  |  

Le Conseil d’etat announced this past week that French authorities have decided to dramatically drop the tax on cryptocurrency from 45% to 19%. While still considerable, this represents an important step by the French government in seeking to be more innovation friendly. The change in taxation was… Read More

April 18, 2018 @ 12:01 pm By Samantha Hurst  |  

BNP Paribas, the global Top-10 bank headquartered in France, announced on Wednesday it is set to compete against other money transfer services such as PayPal, Venmo, and Lydia by deploying its new mobile payment solution, Paylib Between Friends. According to BNP Paribas, Paylib is described as a person-to-person… Read More

April 17, 2018 @ 11:05 am By Erin Hobey  |  

Chaineum, a crypto-finance engineering consulting company and reportedly the first French boutique specialized in raising funds through ICOs, has completed an ICO operation carried out for Naviaddress, a platform for digital addressing of locations and objects. Through its ICO, Naviaddress sold a total of 338… Read More

March 29, 2018 @ 6:05 pm By Georgia Quinn  |  

This past week, I had the chance to attend a Fintech focused event put on by the Consulate of France in Manhattan and, honestly, I came away very impressed. For too many years, France did not have much of a reputation in the startup world…. Read More

March 27, 2018 @ 4:59 pm By JD Alois  |  

Some large countries are blocking initial coin offering, some are observing and others are creating rules by enforcement action, France wants to become “the first major financial center to propose an ad hoc legislative frame work that will allow companies initiating an ICO to demonstrate their seriousness to potential… Read More

March 26, 2018 @ 9:27 am By JD Alois  |  

The Request Network Foundation has formed a partnership with the PwC France and Francophone Africa Blockchain Lab. According to the Request Network, this partnership will shape and develop the future of professional services, taking a leading role in offering solutions to clients’ needs of on-boarding… Read More

March 23, 2018 @ 11:59 am By JD Alois  |  

Here is a quick note on Lendix, the France-based online lending platform that is rapidly expanding across the European continent. In a tweet, founder and CEO Olivier Goy revealed that Lendix experienced its largest one day ever in loans uploaded to the site.   Mis… Read More

March 17, 2018 @ 5:00 pm By JD Alois  |  

While several countries have sought to stomp out crypto-innovation, and others have tried to accomplish rule making by enforcement action, France appears to be ready to embrace the cryptocurrency revolution. According to a report in Les Echos, the most prominent business publication in France, legislators… Read More

March 9, 2018 @ 7:18 pm By JD Alois  |  

Lendix has originated approximately €10 million in loans during its first year of operation in Spain. This is according to multiple reports in Spanish press that stated Lendix Spain is on track to lend €30 million during 2018. In total 25 businesses financed projects on the online… Read More

March 1, 2018 @ 10:50 am By JD Alois  |  

THE LAUNCH OF DATA LIBERATION! The 3rd edition of our annual event Fintech R:Evolution is happening on April, 10th PM in Paris, STATION F. After a disruptive wave focused on usages and specific brick trades, fintechs are entering the era of technological revolution and spreading… Read More

February 27, 2018 @ 8:16 am By JD Alois  |  

Accuity, a financial crime compliance, payments and know- your-customer (KYC) platform, has partnered with France-based Fintech Lemon Way, to help flag potentially high-risk customers. Lemon Way has decided to utilize Accuity’s  Firco Compliance Link, a solution which will enable the business to streamline its financial… Read More

February 23, 2018 @ 1:00 pm By Samantha Hurst  |  

BNP Paribas, the global Top-10 bank headquartered in France, announced this week it is launching its very own investment fund that dedicated to financial services and insurance. The company reported that the new fund will be managed by BNP Paribas Capital Partners, an arm of BNP Paribas Asset… Read More