Tagged: france

April 10, 2024 @ 8:25 am By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Homeowners insurance in France in partnership with BNP Paribas Cardif. Millions of occupying homeowners “can now purchase extensive coverage for their home and belongings, featuring the same seamless… Read More

April 9, 2024 @ 11:14 am By Omar Faridi  |  

Circle, a global digital financial technology firm and the issuer of USDC and EURC, and HEC Paris, one of the world’s business schools, are pleased to announce the launch of ‘HEC Paris Center on the Future of Money and Digital Assets,’ to catalyze collaboration and… Read More

April 8, 2024 @ 11:09 am By JD Alois  |  

Linedata (Euronext Paris: LIN), a France-based Fintech, has acquired DreamQuark – an artificial intelligence (AI) firm that provides services to financial firms like banks and wealth managers. The terms of the acquisition were not revealed. Nicolas Meric, CEO of DreamQuark, said they are thrilled to… Read More

April 8, 2024 @ 8:14 am By Omar Faridi  |  

Qlower is focused on helping those who might be tired of tax returns. At Qlower, they’ve decided it shouldn’t be “a burden anymore.” Thanks to their technology combining open banking and AI, Qlower automates tax returns for landlords, in France for now. They claim to… Read More

April 4, 2024 @ 7:52 am By Omar Faridi  |  

DTCC, the post-trade market infrastructure for the global financial services industry,  announced that Societe Generale is reportedly the first Prime Broker to leverage CTM’s new automated tri-party trade matching workflow as the industry prepares for the increased focus on global accelerated settlement requirements. CTM’s new… Read More

April 3, 2024 @ 9:36 am By JD Alois  |  

Mangopay, a Paris-based global payments firm, has hired a new Head of Sales for Fraud in an effort to boost its anti-fraud kit. Bertrand Dezard will now look to grow the company’s international fraud business worldwide, with a focus on Europe and Latin America, as… Read More

March 30, 2024 @ 7:17 pm By Omar Faridi  |  

Q4 macroeconomic data points in France’s markets are marginally better than in Q3, according to an update from Pitchbook. Q4 GDP growth was reported as flat by Pitchbook, while inflation has been “coming down from the elevated levels seen earlier in the year.” Meanwhile, the… Read More

March 29, 2024 @ 3:45 pm By Omar Faridi  |  

The AMF is warning the public against several companies proposing “atypical” investments without being authorized to do so The Autorité des Marchés Financiers regularly updates its black lists of new websites and entities “proposing atypical investments to investors in France without being authorized to do… Read More

March 16, 2024 @ 2:57 pm By Omar Faridi  |  

‍L’Atout has reportedly finalized a €2M pre-seed round to launch a platform to enhance employee benefits. L’Atout confirmed raising €2M via an investment round that includes contributions from the Paris Region Venture Fund, the seed capital fund of the Paris Region managed by Karista, and… Read More

March 15, 2024 @ 6:49 pm By JD Alois  |  

StackinSat, a France based Bitcoin startup has raised €1 Million in Series A funding, in an online securiites offering backed by 250 investors. The issuer listed the offering on Soul Invest. The company reported that the funding round is the largest online offering in the… Read More

March 13, 2024 @ 12:09 pm By JD Alois  |  

Financement Participatif France (FPF), the French Crowdfunding Association, has distributed an X that highlights women’s participation in the securities crowdfunding sector. Notoriously, the VC sector has supported fewer female-founded firms than crowdfunding platforms. Recently, Financement Participatif posted a report on investment crowdfunding activity in the… Read More

March 13, 2024 @ 11:27 am By Omar Faridi  |  

IQ-EQ, a global firm focused on investor services, has appointed Romain Mifsud as Chief Commercial Officer for activities in France as well as Switzerland. With 14 years’ experience in the private market industry, Romain reportedly “specializes in private equity, real estate, private debt and securitisation.”… Read More

February 20, 2024 @ 7:54 am By Omar Faridi  |  

BNP Paribas (EPA: BNP), Europe’s global bank, and its Prime Services business published its annual 2024 Alternative Investment Survey. BNP Paribas’ Capital Introduction Group “surveyed 238 allocators in December 2023 and January 2024, who invest or advise on $1.2 trillion in hedge fund assets.” This… Read More

February 16, 2024 @ 12:05 pm By JD Alois  |  

Crédit Agricole Consumer Finance has announced the acquisition of Pledg, a provider of buy now pay later (BNPL) services. Terms of the deal were not revealed. Pledg was founded in 2016 aiming to serve companies operating in B2C/B2B and financial institutions wishing to launch their own… Read More

February 9, 2024 @ 2:40 pm By JD Alois  |  

October, once a top online lending platform and leading Fintech based in France, has sold its main asset, “October Connect,” to software firm Sopra. The terms of the asset sale were not immediately available. According to Les Echos, “it looks like the end” for the… Read More

February 8, 2024 @ 9:33 am By JD Alois  |  

Financement Participatif France (FPF), the French crowdfunding association, has partnered with Mazars to produce its 5th annual Crowdfunding Barometer – tracking the performance of online capital formation in the second-largest economy in Europe. Mazars is a global, France-based accounting and consulting agency. The report covers… Read More

January 19, 2024 @ 9:51 am By Omar Faridi  |  

Flowdesk, a full-service digital asset trading technology firm, announces its $50 million Series B, led by Cathay Innovation along with the participation of Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, BPI and Ripple.‍ Guilhem Chaumont, CEO and Co-Founder of Flowdesk, said: “This raise highlights the significance… Read More

January 19, 2024 @ 9:12 am By JD Alois  |  

While London remains the top European financial center, Brexit has put pressure on this status. This has created opportunities for other European financial centers, but the question remains: do they have the capacity and ability to act and gain traction? Today, the Autorité des Marchés… Read More

January 18, 2024 @ 9:52 am By Omar Faridi  |  

Gemini says they are pleased to announce that they’ve been registered as a Digital Asset Service Provider (DASP) by l’Autorité des Marchés Financiers (AMF), the French financial markets regulator. Following the launch of their EU headquarters in Ireland in 2022, Gemini is now “operational in… Read More

January 16, 2024 @ 1:04 pm By JD Alois  |  

European payments provider Mangopay has announced a partnership with Storfund. Terms of the deal were not revealed. Mangopay, based in France, has long been a top payments provider for marketplaces like crowdfunding platforms. Founded in 2013, Mangopay says it has supported 2,500+ platforms and marketplaces…. Read More