Tagged: france

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

February 22, 2018 @ 4:10 pm By JD Alois  |  

The Autorité Des Marchés Financiers (AMF) in France has just published the results of a consultation regarding initial coin offerings (ICOs). According to the AMF, a large majority of respondents expressed support for the establishment of an appropriate legal framework for this new type of fundraising. The… Read More

February 22, 2018 @ 3:31 pm By JD Alois  |  

The Autorité Des Marchés Financiers in France has concluded that platforms which offer these products must abide by the authorisation and business conduct rules, and that these products must not be advertised via electronic means which pretty much shuts down any and all promotion in France…. Read More

February 16, 2018 @ 7:46 am By Therese Torris  |  

After France, Spain and Italy, Lendix is launching operations in Germany and the Netherlands. The company reaffirms its strategy to be first to market with a pan-European strategy, leveraging its marketplace business model through the addition of local teams. “We’re not pivoting. We’re remaining true… Read More

February 8, 2018 @ 2:00 am By Therese Torris  |  

The asset management firm Eiffel Investment Group which manages the €100 million marketplace lending fund “Prêtons Ensemble” (meaning “Let’s Lend Together”) for institutional investors Aviva France, AG2R LA MONDIALE, MAIF, MGEN and Klesia awarded European Digital Lending Awards at a gathering held in Paris on… Read More

February 5, 2018 @ 1:58 pm By Therese Torris  |  

The Paris Fintech Forum 2018 (#PFF18) was a huge event, here are a few highlights from the sessions moderated by Crowdfund Insider & friends. The conference gathered more than 2,500 delegates from more than 50 countries from the five continents at the old French stock… Read More

January 29, 2018 @ 12:00 pm By Therese Torris  |  

The annual Alternative Finance & Crowdfunding Barometer compiled by KPMG for the French Crowdfunding Association (Financement Participatif France, FPF) shows that in 2017 the French Alternative Finance market grew by 50%, driven by SME lending growth, and came close to the billion euro mark, at… Read More

January 18, 2018 @ 1:03 pm By Erin Hobey  |  

Pingvalue plans an upcoming ICO with a €30M target conducted for developing its blockchain-based advertising services. Chaineum, a French ICO Boutique founded by Laurent Leloup, is leading this ICO. Following the recent successful ICO conducted by Domraider, Chaineum is leading this offering with a pre-ICO opening… Read More

January 18, 2018 @ 11:35 am By Erin Hobey  |  

French cryptocurrency and blockchain security company Ledger nabbed a $75 million (EUR 61 million) Series B round, led by Draper Esprit. The investment funds will enable the company to scale up its operations as demand for its security products increases. While the round was led by… Read More

January 17, 2018 @ 1:11 pm By JD Alois  |  

In a speech delivered on January 15th at Bercy, Bruno Le Maire, the Minister of Economy and Finance, announced he has appointed Jean-Pierre Landau, former Deputy Governor of the Banque de France, to head a mission investigating cryptocurrencies. Le Maire stated (translated from French); “We want… Read More

January 16, 2018 @ 9:39 am By Therese Torris  |  

Lendix’s historical investors are renewing their trust in the Paris-based European SME marketplace lender. The European Investment Bank Group (EIB), CNP Assurances, Eiffel IM, Groupama, Zencap AM, Matmut and Decaux Frères Investissements are among the first investors joining to finance Lendix’s latest investment vehicle to… Read More

January 15, 2018 @ 9:06 pm By JD Alois  |  

Lendix, one of the premier peer to peer lending platforms in continental Europe, published a letter last week sharing what to expect in 2018 and reflecting on the past year. Their third Open Letter first tackled promises from the year prior. According to their recollection, Lendix… Read More

January 15, 2018 @ 7:47 am By JD Alois  |  

Leading online lender Lendix is out with a note saying they have hired three new recruits to support its 2018 growth targets. The peer to peer lender currently operates in France, Spain and Italy, but will open up in two additional countries soon. To help… Read More

December 18, 2017 @ 9:18 am By JD Alois  |  

Younited Credit has just surpassed 100,000 in loans since platform inception. The Paris based online lender (formerly named Pret d’Union) reported an accelerating rate of loan originations as the number has doubled since September 2016 when total loans stood at 50,000. The platform provides loans… Read More

December 10, 2017 @ 4:48 pm By JD Alois  |  

Lost among the national mourning for French icon Johnny Hallyday was the news that France will allow Blockchain technology to be utilized to transfer certain securities. According to a report in Les Echos, distributed ledger technology has been presented to the Council of Ministers and… Read More

November 17, 2017 @ 12:06 pm By JD Alois  |  

  The European Securities and Markets Authority (ESMA) spoke up this week on the hot topic of Initial Coin Offerings. The ESMA published two different documents: The first targeted the risks of ICOs for investors. The second addressed issuers and applicable rules. Located in Paris, the ESMA… Read More