Tagged: france

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

October 21, 2016 @ 9:22 am By JD Alois  |  

Katipult has launched new software designed to power UK peer to peer lending platforms. Katipult has partnered with payment platform Mangopay in their European push.  Katipult, based in Canada, is a white label software provider that facilitates investment crowdfunding / P2P lending in over 20… Read More

October 3, 2016 @ 2:38 pm By Therese Torris  |  

Managing short-term cash needs is one of the top challenges faced by SMEs everywhere in the world. However, the problem is more acute in some regions than in others. A European Payment Directive that came into force three years ago tried to tackle the issue,… Read More

September 16, 2016 @ 4:32 pm By JD Alois  |  

Speaking on CNBC earlier today, French Deputy Minister for Innovation & Digital Affairs Axelle Lemaire promoted the French startup scene. Lemaire mentioned that  buses in Shoreditch are not necessary as the “startup scene is booming” and the amount of investment from VCs and funds is… Read More

September 9, 2016 @ 8:24 am By Therese Torris  |  

Unilend, a pioneer in SME crowdlending in France, announced on September 7 that it has received a €2,5 million investment from NewAlpha Asset Management (NewAlpha). This is the third investment coming from the venture capital fund dedicated to FinTech and Assurtech that NewAlpha launched in… Read More

September 7, 2016 @ 10:08 am By JD Alois  |  

Ulule has raised €5 million from BNP Paribas, Citizen Capital, and MAIF Avenir. Ulule is a rewards-based crowdfunding platform that has experienced solid growth across Europe. The platform now claims over 1.2 million members from 191 different countries. To date, Ulule has collected over $68… Read More

September 5, 2016 @ 8:50 am By Therese Torris  |  

This summer, crowdinvesting platform WiSeed became authorized as Investment Services Provider (ISP) by the French regulator of financial institutions, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), with the approval of the securities market regulator, the Autorité des Marchés Financiers (AMF). Obtaining this status… Read More

September 1, 2016 @ 9:42 am By JD Alois  |  

The 5th annual European Crowdfunding Network (ECN) convention is scheduled to take place in Paris this fall and ECN has set high expectations regarding the diverse range of topics to be covered. Oliver Gajda, ECN Executive Director, labeled the gathering a must attend event as… Read More

August 13, 2016 @ 2:07 pm By JD Alois  |  

Crowdlending.fr  has published a “barometer of activity” regarding online lending performance. As many people know, things tend to slow dow during the summer in France. Especially in July and August as the population heads for the beaches in the south or the west.  But the… Read More

July 29, 2016 @ 9:32 am By JD Alois  |  

Progressive German banking firm Fidor Group has been acquired by Group BPCE in France. The acquisition was described as enabling Fidor power international expansion, continue the development of its proprietary digital banking technology, and strengthen its overall presence in Europe. Fidor, an early innovator in the typically… Read More

July 18, 2016 @ 10:06 am By JD Alois  |  

5th Annual ECN Crowdfunding Convention Learn   Latest and upcoming trends in the alternative finance industry Best practices in crowdfunding in all its models Emerging technologies and processes in the sector Updates on legal frameworks of crowdfunding in the EU What role EU institutions are… Read More

July 15, 2016 @ 10:06 am By Samantha Hurst  |  

Following the devastating incident in Nice France, University of Georgia student, Max Yanke took to crowdfunding platform Tilt to raise funds for the victims. Last night, a cargo truck full of arms and grenades drove through a crowd of people in Nice who were celebrating… Read More

July 8, 2016 @ 4:11 pm By JD Alois  |  

Lendix, a top SME marketplace lending platform in France, has received regulatory approval from the CNMV and is now ready to set up shop and operate in Spain. The announcement was not unexpected as Lendix had raised € 12 million earlier this year for their international… Read More

July 7, 2016 @ 11:08 pm By Therese Torris  |  

In the troubled post-Brexit context, many leaders in the UK traditional and alternative financial services are trying to reassure their market and even to present the Brexit vote as an opportunity for the UK. Their statements read like reactions of the French after a soccer… Read More