Tagged: france

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

November 16, 2017 @ 9:09 am By JD Alois  |  

WeShareBonds, an AMF-registered crowd lending platform, has raised €12 million to continue financing French SMEs. The new funding includes both the closing of WeShareBonds’ second credit fund (Prêtons aux PME 2018) to finance French SMEs for €10 million and an equity increase of €2 million… Read More

November 15, 2017 @ 9:13 am By JD Alois  |  

Lendix, online lender for SMEs in continental Europe, has announced the launch of a new financing product: the Flexible Bridge Loan. This product is designed to will allow a greater number of French, Spanish and Italian SMEs to benefit from the speed of execution of… Read More

November 8, 2017 @ 10:49 am By Therese Torris  |  

On 8 November 2017, the French Crowdfunding Association Financement Participatif France released the common set of performance indicators that member platforms specializing in loans, mini-bonds (a debt instrument specific to SME lending marketplaces) and bonds are invited to publish. Wishing to go beyond the legally… Read More

November 2, 2017 @ 11:34 am By Erin Hobey  |  

Chaineum, reportedly the first French ICO boutique, and Lightyear.io, an organization that supports partner activities for Stellar, a Silicon Valley-based nonprofit open source blockchain network, have announced a partnership to collaborate in the ICO space. Through the partnership, Chaineum will use the Stellar network to support… Read More

October 28, 2017 @ 10:45 am By Xu Gao  |  

51 CreditCard (u51.com) is Planning to List in Hong Kong in 2018 51 CreditCard (u51.com), a leading online platform for credit card bill management, is reported to be listed on Hong Kong Exchanges and Clearing Limited (HKEX) in 2018, aiming to raise at least 500… Read More

October 27, 2017 @ 12:58 pm By Samantha Hurst  |  

Natixis, a French corporate and investment bank, has acquired 50.04% stake in Dalenys, a fintech company that offers Payment Marketing solutions that aim to increase revenues for online and point-of-sale merchants. The companies revealed that an agreement relating to this sale was announced earlier this summer and… Read More

October 26, 2017 @ 12:07 pm By Erin Hobey  |  

NaPoleon Crypto has reached an agreement with Chaineum, reportedly the first fully regulatory compliant French ICO boutique for conducting ICOs. The NaPoleonX platform will allow the selling of crypto investment vehicles (DAF – Decentralized Autonomous Funds) managed by algorithmic trading models and will regularly propose… Read More

October 26, 2017 @ 11:36 am By JD Alois  |  

The Autorite des Marches Financieres (AMF) in France has launched a consultation on Initial Coin Offerings (ICO) and the issuance of crypto based tokens. In France, according to the document, there have been at least four ICOs to date with multiple other offerings in the… Read More

October 24, 2017 @ 10:27 am By Erin Hobey  |  

  Kabbage Inc., a global financial services, tech and data platform serving small businesses, and ING, a leading global bank, are expanding their strategic partnership into France and Italy to provide small businesses with real-time access to working capital. Building on ING’s successful launch in… Read More

October 20, 2017 @ 2:30 pm By Samantha Hurst  |  

Famille Oksen, a France-based producer of handmade spiced rum, is now seeking €60,000 through its equity crowdfunding campaign on Seedrs. The company revealed that the Oksen family has been preparing infused rum in their home near Bordeaux since 1973. “Since 1973 in Cap Ferret, not… Read More

October 6, 2017 @ 8:00 pm By Therese Torris  |  

French online factoring platform Finexkap is pursuing its rapid, yet controlled growth. Doubling in size each year since it opened for business in 2014, the Fintech startup passed last summer the €100 million mark of cumulated financing. France remains one of the markets with the… Read More

October 2, 2017 @ 11:07 am By Samantha Hurst  |  

Tinubu Square, a France-based provider of trade credit risk management solutions, announced on Monday it has secured a €53million investment from Long Arc Capital and Bpifrance to accelerate the development of its technology solutions for credit and surety insurers, trade finance banks and export credit agencies. With this investment, U.S.-based investment firm Long Arc Capital takes a majority stake… Read More

September 29, 2017 @ 2:00 am By Therese Torris  |  

The French real estate crowdfunding market grew by 50% in 2016 and keeps growing at the same linear growth pace in 2017. While new platforms continue to join, first entrants strongly dominate the nascent market. With €160 million worth of real estate projects funded, the… Read More

September 19, 2017 @ 4:19 pm By Therese Torris  |  

Younited Credit, the Paris-headquartered consumer lender announced a capital increase of €40 million subscribed by a panel of the top of the crop growth investors in France. Next to its historical shareholders, Eurazeo, Crédit Mutuel Arkema, AG2R La Mondiale and Weber Investissements which are already… Read More