Tag: France

French challenger bank Qonto, which reached a $5bn valuation in January, has reportedly closed a crowdfunding campaign in just six hours.

While the US may be leading the way globally in FinTech and FinTech innovation, the European market is proving to be a pacesetter. Two key markets are France and Germany, with both markets in a tight race to be number two.

French digital insurance brokerage +Simple has closed a growth financing round on ?90m, which was led by global investment firm KKR.

France-based Pretto has closed its Series B round on €30m as it looks to continue its growth momentum.

Coinhouse, which claims to be France’s first cryptocurrency management and transaction platform, has raised $17m in Series B funding.

Spendesk, which styles itself as a seven-in-one spend management solution for SMBs, has collected €100m in an extension to its Series C round.

PayFit, a payroll and HR management platform for SMEs, has secured €254m from a Series E funding round led by General Atlantic.

A recent blogpost by Currencycloud has detailed how a goldrush in the French FinTech market has led to the country become the third biggest FinTech hub in Europe.

France-based Lydia, which stylises itself as a “financial services super-app, has joined the growing list of FinTech unicorns, after a $100m investment brings its valuation to over $1bn.

A survey by biometrics company Fingerprints has found there is a growing desire amongst French consumers for biometric payment cards.