SocGen digital asset arm unveils Euro-pegged Ethereum stablecoin
The stablecoin is designed to bridge the gap between traditional capital markets and the digital asset ecosystem.
France
The latest fintech news, resources and expert analysis in France by FinTech Futures, the leading intelligence provider for the worldwide fintech community.
Worldline partners Crédit Agricole to build “major payments player” in France
The joint venture is expected to be operational by 2025.
French expense management firm Mooncard bags €37m Series C funding
Mooncard previously raised €20 million as part of its Series B funding round in September 2021.
BNP Paribas deploys Worldline solution to tackle SEPA direct debit fraud
BNP Paribas Cash Management will deploy Worldline’s Account Validation solution.
Societe Generale taps Lemonway for B2B marketplace payment services
The French bank plans to offer payment services for large corporates entering the B2B marketplace arena.
French private bank Milleis completes core banking tech revamp with ERI
Milleis, which stems from Barclays’ wealth management business in France, embarked on the project in 2018.
Ingenico acquires smartphone payment acceptance fintech Phos
Phos enables merchants to accept payments directly from NFC-enabled Android devices.
BNP Paribas and Hokodo team up to launch new B2B BNPL offering
The solution will enable large corporates to provide payment alternatives to their business customers.
Global paytech Ingenico names Laurent Blanchard as CEO
Laurent Blanchard replaces Ingenico’s co-CEOs Gerrard Schmid and Rolf Stangl.
French fintech Aria bags €50m debt facility
Founded in 2020 and based in Paris, Aria offers an API-led B2B financing solution.
French fintech N2F lands €24m funding to fuel expansion plans
N2F is looking to expand across Europe and will recruit 200 new employees over the next five years.
European paytech Lyra taps Napier for transaction monitoring
Lyra will utilise Napier’s transaction monitoring solution to ensure its compliance with regulatory requirements.
Welcome.Place, Enfuce, Epassi, Visa partner for refugee prepaid card pilot
The goal is to provide a service that assists 50,000 Ukrainian and other refugees by the end of 2023.
Bpifrance taps Thought Machine for Vault Core banking platform
Bpifrance is the first bank in France to deploy Thought Machine’s Vault Core platform.
French fintech Younited secures €60m in new funding
Younited says it will use the funding to develop its partnership activities and invest in its technology.
Banque de France and Banque centrale du Luxembourg conduct wholesale CBDC test
The test shows “how digital assets can be issued, distributed and settled within the Eurozone in a single day”.
Mastercard partners bpost and Nickel to launch inclusive card options
Belgium’s bpost and France’s Nickel will offer Mastercard’s True Name option to customers.
French paytech start-up Fintecture lands €26m Series A funding
The new funding brings Fintecture’s total capital raised to date to €32 million.
Orange Bank takes sanctions screening real-time with SAS and Neterium
The AML-CTF platform powered by SAS and Neterium is “a game-changer”, says Orange Bank’s deputy CEO.
La Banque Postale automates regulatory reporting with Regnology
Abacus360 Banking will become the bank’s single platform for the European and French reporting regimes.
Global PSP Worldline obtains 40% stake in Dutch Online Payment Platform
OPP founder and CEO between them own the remaining 60% of the company.
Societe Generale set to buy majority stake in PayXpert
Societe Generale aims to broaden payment offerings for European merchants through the acquisition.
French fintech Regate nabs $20m in Series A funding
The French start-up claims to have more than 10,000 clients.
Social investing start-up Shares bags $40m in Series B funding round
The new funds will be used for product development and to fuel its global expansion plans.
French business banking firm Qonto snaps up German fintech Penta
The acquisition is expected to close in the next few weeks.
BNP Paribas partners fintechs to develop digital asset custody offering
The new combined solution will allow clients to issue, transfer and securely keep regulated digital assets.
GoHenry acquires French fintech Pixpay to drive European expansion
Both firms will continue to operate under their own brands with no change in leadership or headcount.
iBanFirst snaps up UK foreign exchange provider Cornhill
The firm hopes the deal will help SMBs across Europe tackle Brexit-related payment challenges.
Flowdesk bags $30m in Series A funding round
Flowdesk plans on using the new funds to grow and scale its platform.
Europe funding round-up: Bits of Stock, Formance, Aveni, and Datia
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Europe fintech funding round-up: Cryptio, Fung, Financielle and more
This weekly fintech round-up brings to you funding news from around Europe.
Societe Generale embarks on derivatives tech transformation with FIS
Societe Generale will transition its existing derivatives IT environment to FIS Cleared Derivatives Suite.
BforBank taps Temenos for Google Cloud-supported future expansion
BforBank is the fully digital banking offering from French international banking group Crédit Agricole.
EMEA funding round-up: Cashew, Stanhope, Elucidate, Spades, Sun Zu Lab & sqft.capital
A handy round-up of the recent funding endeavours of fintech companies across EMEA.
Checkout.com snaps up French ID verification firm ubble
The deal is set to close later this year.
Europe fintech funding round-up: Previse, Qonto, Volume, Tuum & Monspire
A handy round-up of the recent funding endeavours of fintech companies across Europe.
FinTech Futures: Top five stories of the week – 22 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
BNP Paribas invests in fintech-focused VC firm Anthemis
BNP Paribas’ head of global markets Olivier Otsy says Anthemis has a “strong track record” in fintech investments.
Advent International acquires European paytech Mangopay, invests €75m
French banking group Crédit Mutuel Arkéa will remain a minority shareholder in the firm.
French open banking firm Budget Insight lands $35m to drive expansion
The new funds will be spent on developing new products and significantly increasing its staff headcount.
