Tagged: france

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

December 28, 2016 @ 9:39 am By Erin Hobey  |  

Be on guard. The Autorité des Marchés Financiers (AMF) has published a list of new websites offering binary options trading, for which no authorized investment services provider could be clearly identified. A binary option, or asset-or-nothing option, is type of option in which the payoff is… Read More

December 24, 2016 @ 8:47 am By Therese Torris  |  

For Reid Feldman and Hubert de Vauplane of the Paris Office of Law Firm Kramer Levin, the latest revisions of the French crowdfunding regulation are part of a broader effort by the French authorities to relax the monopoly of French banks on credit and extend… Read More

December 21, 2016 @ 7:56 am By JD Alois  |  

Lemon Way Claims Valuation of €65 Million French Fintech firm Lemon Way says it is continuing to experience “spectacular growth” announcing that it will exceed €900 million of flows processed (inbound and outbound) during 2016, compared with €344 million in 2015 and €113 million in… Read More

December 20, 2016 @ 12:01 pm By JD Alois  |  

KPMG, along with AltFi data, has published a new report on alternative lending in Europe. KPMG also sourced data from the most recent Cambridge Centre for Alternative Finance report. The document, entitled Alternative Lending Market Trends in Continental Europe 2016, provides an interesting snapshot of… Read More

December 20, 2016 @ 8:56 am By Samantha Hurst  |  

On Monday, L’Atelier BNP Paribas announced the second season of its fintech & corporate accelerator. The four-month program was reportedly designed to help enable various businesses to embark on an open innovation project with specific strategic objectives such as the search for growth or internal… Read More

December 17, 2016 @ 2:39 pm By JD Alois  |  

The Paris International Fintech Forum 2017, organized by Altéir with the support of 60+ international partners, aims to bring together 2,000 participants over 2 days in the heart of Paris on 25 and 26 January 2017, to listen to 160 CEO’s from banks, insurance, telco, regulators and… Read More

December 13, 2016 @ 4:59 pm By Therese Torris  |  

Sage, a global leader in integrated business accounting solutions for SMEs has teamed up with online factoring platform Finexkap. Their joint cash management solution called in French Clic&Cash enables SMEs to trade their accounts receivables for cash directly from their accounting application. Founded in 1981,… Read More

November 29, 2016 @ 11:20 am By JD Alois  |  

  Immovesting, a Paris-based real estate crowdfunding platform, has initiated pre-funding of deals to help support developers / sponsors listing projects on their platform. The “garantie de collecte” or collection guarantee program assures that funds are received on-time regardless of the funding status. This was… Read More

November 21, 2016 @ 3:31 pm By Therese Torris  |  

  Neuroprofiler is a French startup whose online application uses the latest advances in behavioral finance to help investors determine their psychological investment profile. The company’s ambition is to provide financial services with suitability testing tools that are not only fully compliant, but also add… Read More

November 17, 2016 @ 11:00 am By Therese Torris  |  

Today, KissKissBankBank & Co, the French brand which operates three crowdfunding platforms, rewards-based platform KissKissBankBank, interest-free lending platform hellomerci and crowdlending platform Lendopolis, opened la Maison du Crowdfunding, the first brick-and-mortar crowdfunding store worldwide. The store is part of the brand’s strategy to reach customers… Read More

November 1, 2016 @ 12:00 pm By Therese Torris  |  

In France, owning a vineyard is every successful person’s dream. Now WineFunding, the first crowdfunding platform dedicated to the wine industry, makes this dream accessible to you and me. Wine aficionados can become a shareholder of a wine estate and get access to selected wines… Read More

October 31, 2016 @ 11:34 am By Therese Torris  |  

The second reform of France’s crowdfunding regulation has officially come into force. Resulting from tight cooperation between industry professionals, regulators and government authorities, the new measures expand the scope of both crowdlending and crowdinvesting. The first French regulation of crowdfunding was issued in October 2014…. Read More

October 25, 2016 @ 7:13 am By Therese Torris  |  

La Banque Postale, one of the top 10 French banks, announced that it was taking a 10% equity stake in WeShareBonds, a new French alternative SME financing platform, at an undisclosed valuation. The deal validates WeShareBonds and the French crowdlending sector. La Banque Postale is… Read More