Tagged: therese torris

CEO of Sowefund: French Equity Crowdfunding is Not in Decline

Recently, the French Crowdfunding Association (Financement Participatif France or FPF) published their annual crowdfunding barometer. The report indicated that alternative finance continues to grow in France but when you separate equity crowdfunding, this segment indicates a decline. Crowdfund Insider published an article on the FPF… Read More

Anaxago Capital Launches 1st Investment Fund: 100% Online Real Estate Convertible Bonds

Launched last quarter, Anaxago Capital, the asset management sister of French equity crowdfunding platform Anaxago, announces its first investment fund. FCPR ANAXAGO SOCIETY ONE is a real estate development fund dedicate to funding construction and renovation projects. Anaxago Capital aims to raise €30 million to… Read More

German Lending Marketplace auxmoney Overtakes Midsize Banks in Consumer Loan Origination

Düsseldorf-based Fintech auxmoney has surpassed its targets in 2018. Loan volume increased by 74 percent compared to 2017. Raffael Johnen, Founder and CEO of auxmoney, commented: “While the major German banks are in crisis mode, the leading German fintechs are always setting new records. With… Read More

Swiss Big-Ticket Lending Platform Loanboox Secures $22 million in Series B Funding

Loanboox, one of the lending platforms participating in the panel about “Improving Credit Access and Transparency,” which I chaired for Crowdfund Insider at the Paris Fintech Forum 2019, announced that it has raised CHF 22 million ($22 million) in a Series B round of financing. How Stefan… Read More

Younited Credit Passes the €1 billon Mark and Extends its Credit-as-a-Service Offering

At the Paris Fintech Forum, Charles Egly, Co-founder & CEO, Younited Credit highlighted his company’s latest achievements and the recent strategic development of its Credit-as-a-service offering. Among the achievements, Younited Credit announced that it passed the €1 billion mark in consumer credit origination. Among direct… Read More

A Fireside Chat With EstateGuru, the P2P Lender that Takes Property Finance Across Borders

The Paris Fintech Forum gathers more than 2,500 participants this week in Paris at the old stock exchange to meet hundreds of Fintechs and listen to more than 200 CEOs, heads of government and regulation agencies, as well as luminaries such as Ms Christine Lagarde,… Read More

French SME Lending Marketplace Credit.fr Acquires Real Estate Lending Marketplace Homunity

French SME crowdlending platform Credit.fr has announced the acquisition of Homunity, a real estate crowdlending platform. The acquisition is a welcome move in a fragmented marketplace. The acquisition of Homunity, France’s leading independent real estate crowdfunding platform, enables Credit.fr to strengthen its position in the… Read More

France: Fintech’s Year 2018 in Review – Maturity, Consolidation and Challenges

Ever since the Brexit, France has aimed to establish itself as the Continental European alternative to the London Fintech hub. The goal is ambitious. France is home to many a worldwide leading financial institution such as global Nr. 1 insurer AXA and Nr 1 non-Chinese… Read More

France to Change the Tax Regime for Cryptoasset Gains

While the price of bitcoin and most cryptocurrencies is experiencing one of its frequents crashes, the French government and the French regulators are steadfastly working hand in hand to make France a cryptoasset-friendly country. After tackling the issue of initial coin offering (ICO) regulation and… Read More

October Rallies €255 Billion Worth of Corporate Support to Promote Crowdlending

October (formerly Lendix), the newly rebranded European SME lending marketplace made a splash today with what is probably the most creative promotional campaign in the history of crowdlending. To date, the October platform has facilitated more than €240 million worth of loans to 500 small… Read More

Report: France to Ensure Crypto Companies Have Access to Banking Services

The French France

In much of the world, digital asset companies are frequently accompanied by challenges with the traditional financial system. Initial coin offering issuers and crypto-intermediaries regularly find themselves struggling to open a simple bank account. In France, this will not be the case according to a… Read More

French P2P Lending Pioneer Unilend Shuts Down

French peer to peer lender Unilend has gone into receivership. The P2P lender announced the news to all of its customers in a recent email. Founded in 2013 by Nicolas Lesur and François Prioux, Unilend pioneered P2P lending in France. It started operating, before crowdfunding… Read More

Equity Crowdfunding Platform Anaxago Launches Asset Management Firm Anaxago Capital

A leading French equity platform, Anaxago is launching an asset management firm, Anaxago Capital, to attract more institutional investors and ready itself to fund larger projects. With this, Anaxago expects to double its outstanding investments by 2020. We spoke with Caroline Lamaud, Co-founder and Chairman… Read More

German SME Crowdfunding Passes the €500 Million Mark

Early-days monitor of the German crowdfunding market, Crowdfunding.de announced in its latest quarterly report that Germany passed the half billion-euro mark in cumulated in SME crowdfunding at the end of June 2018. The report monitors only equity crowdfunding and crowdlending on marketplaces open to German… Read More

Altfinator Helps Innovative European SMEs Gain Access to Alternative Finance by Educating SME Advisors

In recent years, interesting alternative forms of financing such as crowdlending and crowdfunding have emerged to provide the underserved European SME market with debt and equity financing. However, these alternative solutions have been hampered by a missing link in their distribution: SME advisors. This missing… Read More

President Macron Wants Europe to Offer a Governance Model for Sustainable Technology

President Macron at Viva Tech, the “French CES” The question to ask about Viva Tech, the French Tech show taking place in Paris, May 24th to 26th, is not “Who goes there?” but rather “Who doesn’t?” In its third edition, Viva Tech, launched in 2016… Read More

French Crowdfunding Sector Boasts 96% Customer Satisfaction

  A consumer survey reveals that the penetration of crowdfunding in France is still quite low. However, consumers have a very positive image of crowdfunding, one that remains close to its historical root values of innovation, democratization of access to financing, transparency, and economic /… Read More

Switzerland and the Global Regulatory Competition for ICOs

The CryptoSummit 2018 organized by Blockchain startup Smart Valor gathered more than 1,000 attendees from 47 countries in Zurich. One of the recurring themes of the conference presentations was the regulation of Initial Coin Offerings (ICOs). Many participants pointed out that there is now an… Read More

SME Lender Lendix Ups the Ante for Continental European Leadership

After France, Spain and Italy, Lendix is launching operations in Germany and the Netherlands. The company reaffirms its strategy to be first to market with a pan-European strategy, leveraging its marketplace business model through the addition of local teams. “We’re not pivoting. We’re remaining true… Read More

European Investors Elect Favorite Projects as Prêtons Ensemble Launches New €200 Million Digital Lending Fund

The asset management firm Eiffel Investment Group which manages the €100 million marketplace lending fund “Prêtons Ensemble” (meaning “Let’s Lend Together”) for institutional investors Aviva France, AG2R LA MONDIALE, MAIF, MGEN and Klesia awarded European Digital Lending Awards at a gathering held in Paris on… Read More

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