Memo Bank launches business offering and lands €20m
The funding round was led by Paris-based BlackFin Capital Partners.
France
Emrys La Carte picks FSS Technologies for card issuance
French cooperative to replace paper-based system.
Europe battles on with digital tax plans despite US walk out
Almost 140 countries are part of the talks to bring in a digital tax.
Société Générale launches new Banxup account for teens
The bank has also overhauled its app for adults.
iBanFirst raises $21m in Series C funding
The raise was initially interrupted by COVID-19.
US and French regulators team up to ease fintech market entry
Both regions want to boost their statuses as financial technology hubs.
Societe Generale tests digital euro with Banque de France
The bank hopes the test will pave the way for a more simplified market infrastructure.
Worldline continues acquisition streak with ecommerce gateway GoPay
Worldline will take over 53% of the stake in GoPay, and buy the rest in 2022.
Challenger Zelf to launch banking offering solely through messenger apps
“We have migrated into the top screen time for Gen Z’s and millennial’s,” says founder.
Spendesk co-founder departs after 12 month-long discussions
The remaining co-founders Ardant and Guilhem are gearing up to double the team again.
French markets regulator backs extension of short-selling ban
“I would probably be in favour of extending [the ban],” says chairman of the AMF.
France’s central bank opens applications for digital currency experiment
Applications are due by 15 May 2020.
BNP Paribas snaps up Banco Sabadell depository unit in €115m deal
The unit holds assets worth €22 billion in custody.
Santander’s PagoFX to launch in Spring and rival TransferWise
The venture now has a 50-person London-based team.
UK paytech Checkout.com buys French start-up ProcessOut
Checkout.com buys another module in the payments process.
Wematch hosts “first fully electronic” Eurex-LCH basis swap trade
The swap was piloted between Societe Generale and LBBW.
Worldline to buy rival Ingenico for $8.6bn
Worldline says the acquisition will create the fourth biggest player in the global payments sector.
Crédit Agricole acquires majority stake in aggregation fintech Linxo
French cooperative to own 85% of Linxo after deal.
Goldman leads LumApps $70m Series C funding
The French start-up hits $100m in total funding.
Qonto raises $115m round led by Tencent
The SME challenger bank says it’s the largest funding round ever for a French fintech.
Lydia raises €40m in Tencent-led Series B funding round
Tencent-backed funding to be used to avoid “costly mistakes”.
BNP Paribas extends deal with Temenos
The two are agreeing to work together until 2028.
White paper: Next-generation acquiring in Mediterranean countries
What merchant acquirers should do to outperform increasing competition from new entrants.
Sopra Steria completes acquisition of Fidor Solutions
Sopra on the hunt to boost its digital banking product portfolio.
HSBC plans new restructure with France and USA in firing line
The global bank is aiming to cut costs and weed out loss-making divisions.
How would Boris Johnson’s 2% digital tax affect UK fintech?
The tax will target big social media platforms, search engines and online marketplaces.
French challenger Moneway aims to help users control their finances
Countryside neobank preparing to move out of beta.
French start-up Pixpay raises €3.1m to tap younger banking generation
The funding round was led by seed and growth investor Global Founders Capital.
French fintech Virgil raises €2.1m to co-own homes with first-time buyers
The start-up offers future buyers a capital contribution – not a loan.
CMTI 2019: Disruptors demand new approach from regulators
Banque de France deputy governor says the right mindset is key.
BNP Paribas picks up stake in AssetMetrix
French bank plans to build out its private equity offerings.
IDnow gains $40m funding injection from Corsair Capital
Verification firm plans to use fresh cash to open new locations.
570easi launches French Islamic banking challenger SOeasi
570easi now holds a customer base of more than 90,000.
Lemon Way nabs €25 million investment from Toscafund
Parisian payments firm plans geographic expansion with new funds.
How to thrive in an ever changing market, a conversation with the COO of Qualco
Spyros Retzekas, COO at Qualco says agility is the key.
Yolt gets closer to all-in-one banking app with Raisin
Yolt’s UK, France and Italy-based users can now open a Raisin account.
PayExpo 2019: Europe will catch the UK’s open banking lead up in a year, says Danske Bank
Danske says the European landscape lends to more unique businesses.
Worldline and Conduent to build new ticketing system for Paris transport
Consortium had to link 14 different systems together.
Regulators could delay Facebook’s Libra launch, says executive
Libra’s MD says regulators must be “fully onboard” first.
France warns UK to avoid Brexit derivatives clash
AMF wants Britain to guard against potential for arbitrage opportunities.
