Tagged: france

July 3, 2017 @ 1:44 pm By Therese Torris  |  

The European Investment Bank Group (EIB) through the European Investment Fund (EIF) has announced that it will provide €18.5 million to back a joint investment fund designed to lend money to SMEs through crowdlending platform Lendix. The EIB is the European Union’s bank, owned by… Read More

June 30, 2017 @ 11:41 am By Therese Torris  |  

  Station F, labeled the worlds largest startup campus, officially opened today. BNP Paribas, the global bank, will be opening a dedicated Fintech incubator at Station F later this fall. The inauguration of the campus was even more eventful as newly elected French President Emmanuel… Read More

June 28, 2017 @ 12:19 pm By JD Alois  |  

KissKissBankBank, an early entrant in the French Fintech scene and an active platform for capital formation with both online lending and crowdfunding, has been sold to La Banque Postale. KissKissBankBank has helped to finance 27,000 projects to date having raised approximately €83 million from a community… Read More

June 22, 2017 @ 10:25 pm By Therese Torris  |  

Station F, the biggest startup campus worldwide will open in Paris this month with BNP Paribas joining in the fall of 2017. BNP Paribas, the global Top-10 bank headquartered in France, is transferring its Fintech and InsureTech accelerator there with the help of global Plug… Read More

June 16, 2017 @ 4:47 pm By Therese Torris  |  

Yesterday the President of France, Emmanuel Macron received a standing ovation from an audience of tech startups and large businesses at Viva Technology. He spoke of France as a startup nation embracing hyper-innovation, of a revolution, a complete change of mindset. He shared his vision… Read More

May 31, 2017 @ 1:56 pm By Therese Torris  |  

Gregoire de Lestapis has left traditional banking, most recently the direction of BBVA France, for the world of fintech entrepreneurship. In 2016, he joined Lendix, the French SME lending group, as head of its Spanish subsidiary and member of the executive team. In this interview,… Read More

May 26, 2017 @ 3:02 pm By Therese Torris  |  

Individual Fintech startups can’t disrupt financial services. It takes an ecosystem to do so. We spoke in Paris with Anaïs Raoux, the Managing Director of the industry association France Fintech about how the association helps build an effective ecosystem for French Fintechs ‒ tackling issues… Read More

May 17, 2017 @ 8:25 am By Therese Torris  |  

On Monday, Emmanuel Macron was officially inaugurated as President of France. He is France’s youngest President ever, and the youngest democratically elected head of State worldwide. He is also a known proponent of Fintech and crowdfunding. To give a bit of background to those who… Read More

May 12, 2017 @ 7:40 am By Therese Torris  |  

Since it opened for business in 2012, French lending startup Younited Credit has thrived by implementing strategic choices that ran contrary to common practice among lending marketplaces. It was the first of its kind (and still is the only one so far) to get a… Read More

May 11, 2017 @ 6:29 am By Erin Hobey  |  

CBien, a European digital asset management platform located in Paris, Nantes and Hamburg and recent Startupbootcamp InsurTech alum, has raised €8 million from its existing shareholders MAIF, MACIF and 5M Ventures. Funding from this second raise will be used to finance CBien’s visibility in France, its international… Read More

May 9, 2017 @ 5:25 pm By Therese Torris  |  

One of the benefits that a well-established equity crowdfunding platform brings to fundraising entrepreneurs is a loyal audience of investors. But how does a crowdinvesting platform keep its audience engaged? We asked Yannig Roth, the Marketing Director of French equity crowdfunding platform WiSeed, to present… Read More

May 4, 2017 @ 7:38 pm By Therese Torris  |  

In its early days as a Payment Service Provider, Lemon Way took up the challenge of meeting the complex needs of crowdfunding platforms while drastically cutting the costs and relieving them of much of the regulatory burden of payment transactions. Five years later, the company… Read More

April 7, 2017 @ 2:33 am By JD Alois  |  

Lumo and Oneplanetcrowd have joined together to crowdfund a solar project located near Perpignan in the South West of France.  Lumo is a France-based crowdfunding platform. Oneplanetcrowd is operating out of the Netherlands. The two platforms were said to have jointly developed a solution to overcome… Read More

March 30, 2017 @ 2:00 pm By Therese Torris  |  

Ron Suber, the President of the US marketplace lender Prosper, was interviewed today by Cédric Teissier, the CEO of the French factoring platform Finexkap, at the annual conference of the  France Fintech association, titled “Fintech Revolution 2017 – Here to Stay”. Cédric Teissier asked Ron… Read More

March 27, 2017 @ 10:36 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) is continuing its push to collaborate with financial regulators around the world to improve Fintech innovation and collaboration. MAS today announced a cooperation agreement with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés… Read More

March 20, 2017 @ 10:57 pm By JD Alois  |  

France is continuing to press the charm campaign to woo UK Fintech firms to cross the channel and set up shop in a proper EU country. As Brexit negotiations are being queued up to set European divorce proceedings in action, Othman Nasrou, the Vice President of International… Read More

March 15, 2017 @ 8:39 am By JD Alois  |  

Lendix has opened its platform to Italian investors. Following the launch in Spain, Lendix, a leading online lender targeting the SME sector, expects to issue its first loans in Q2 of 2017.   Yes, we are open ! Sì, siamo aperti ! Oui, nous sommes… Read More

February 24, 2017 @ 9:43 am By Therese Torris  |  

In what is probably a worldwide premiere, the French SME lending aggregator site crowdlending.fr organized an online competition enabling retail investors to elect their favorite lending marketplaces. The members of crowdlending.fr’s community of lenders lend on average €4,500 through 3,2 platforms. The 600 voters, who… Read More

February 22, 2017 @ 9:28 pm By Therese Torris  |  

The French Crowdfunding Association (Financement Participatif France) released today the 3rd edition of its annual industry Barometer. For the first time, the data was compiled by auditing and consulting firm KPMG, which lends to the Barometer additional weight. The association was represented, among other board… Read More

February 20, 2017 @ 2:20 pm By Therese Torris  |  

At the onset of the marketplace lending market, lending to businesses was equated with lending to small and very small businesses: businesses at the low end of the small and medium-size enterprise (SME) market who were borrowing on average under €100,000.  However, as the alternative lending… Read More