Tag: France

Ireland has the highest fraud risk index in Europe with a rating of 7.44, according to research from payment processing information service Merchant Machine.

Defacto, a credit infrastructure platform, has raised €15m in a funding round, which was led by Northzone.

French privacy regulators have closed a case against Facebook after it concluded that the US tech giant had changed the way it was collecting user data.

The WealthTech market continues to grow at a rapid rate. The wealth management platform market is expected to grow at a 13.8% CAGR to reach $9.18bn by 2028, according to research from Insight Partners. The value of the market in 2021 was $3.71bn.

Goodvest, a sustainable investment platform, closed its crowdfunding platform on €588,739, which was more than double its original target.

The Banque de France intends to speed up its wholesale CBDC program as it looks to be ready to introduce central bank money as a settlement asset as early as next year.

France-based trading infrastructure developer Flowdesk has collected $30m in its funding round

Cosmian, a company that specialises in encryption, has scored $4.4m from a funding round led by La Banque Postale.

Formance, a company that offers companies a low-code template for tracking payment flows, has reeled in $3.1m in funding.

France-based crypto wallet provider Coinhouse has reportedly collected €40m in fresh funding to support its European expansion.