Tagged: france

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

February 20, 2017 @ 12:43 pm By Therese Torris  |  

Anaxago Immobilier, the real estate arm of leading French equity crowdfunding platform announced last Saturday that it has secured € 10 million of funding pledged by a group of French institutional investors, qualified investors, and family offices to finance real estate development projects alongside retail… Read More

February 3, 2017 @ 7:47 am By JD Alois  |  

Just as Funding Circle is pulling out of Spain, peer to peer lender Lendix is moving in and announcing its first Spanish project. Following approval by the Comisión Nacional del Mercado de Valores (CNMV), Lendix has posted an opportunity to lend to JIZ Operaciones SL,… Read More

February 1, 2017 @ 10:00 pm By Therese Torris  |  

With more than 1700 participants from 35 countries, the recent Paris Fintech Forum demonstrated the strength of the French Fintech ecosystem and the attractiveness of Paris as a financial center. French officials and financial regulators participated in the event with a strong delegation and asserted… Read More

January 24, 2017 @ 5:06 pm By Samantha Hurst  |  

Jumpstartfund’s Hyperloop Transportation Technologies, Inc. (HTT) announced on Tuesday it signed an agreement with the city of Toulouse, France to open a facility for the development and testing of the Hyperloop-related technologies. This news comes shortly after Hyperloop’s announcement of surpassing $100 million in in-kind and… Read More

January 20, 2017 @ 8:50 am By JD Alois  |  

Linked Finance, an Irish peer to peer lending platform, has signed an agreement with Eiffel Investment Group to back Irish SME loans.  The partnership was spawned in part by Linked Finance’s rapid growth of 132% over the past 6 months. Eiffel Investment Group will contribute… Read More

January 19, 2017 @ 10:25 am By JD Alois  |  

While real estate crowdfunding holds much promise, risk remains. France, home of multiple real estate crowdfunding platforms, has just experienced its first big loss. According to a report in Capital, real estate developer Terlat has used two crowdfunding platforms to finance projects. Terlat has leveraged… Read More

January 17, 2017 @ 1:48 pm By Therese Torris  |  

Today on the Parisian leg of a world tour called Misys Connect Forum, banking software publisher Misys announced the launch of a new addition to its offering of financial software solutions: Misys FusionBanking CrowdLending. The software-as-a-service (SaaS) solution aims at enabling retail and corporate banks… Read More

January 17, 2017 @ 8:39 am By JD Alois  |  

Marketplace lending platform Lendix has landed in Italy. The Paris-based operation has announced the appointment of Sergio Zocchi as CEO.  Lendix said that Zocchi has over 20 years experience in high-tech and finance as he leads the local Lendix team based in Milan. Lendix said… Read More

January 7, 2017 @ 12:30 pm By Therese Torris  |  

The French contingent of Tech startups exhibiting at the CES, the global consumer electronics show held this week in Las Vegas, is the third largest one after the US and the Chinese delegations. More than 300 French startups unveil their innovation at the show. Observers… Read More

January 6, 2017 @ 8:35 am By JD Alois  |  

France is doing some chest pounding at CES this week. The country’s delegation is the 3rd largest in attendance after the US and China. Led by Michel Sapin, Minister for the Economy & Finance, and Axelle Lemaire, Minister of the State for Digital Affairs &… Read More

January 5, 2017 @ 12:06 pm By JD Alois  |  

For its first edition, the Paris Fintech Forum gathered over 100 speakers and attracted 850 participants. This year, the event promises to be even more successful as it is stepping up with more than 200 speakers from over 30 countries. Organizers are estimating over 1500… Read More

January 3, 2017 @ 12:42 pm By Erin Hobey  |  

2016 proved to be a positive year for leading French equity crowdfunding platform WiSEED.  The pioneering platform obtained the status of Investment Services Provider (PSI) to raise up to €5 million while launching two new offerings (renewable energy projects and agroforestry) and consolidating its three… Read More