France

Market Pay Acquires French Payments Firm Dejamobile

Market Pay, an European and omni-channel payment platform, announced the acquisition of Dejamobile, a French provider of mobile and connected equipment payment solutions. This deal is the second acquisition for Market Pay this month, following the acquisition of the Acoustic

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Entrust Signs Deal to Acquire Parisian Fintech Antelop Solutions

Entrust, an American digital security and credential issuance solutions provider, announced that it has signed a deal to acquire Antelop Solutions, a Paris-based fintech that enables financial institutions to issue secure digital credit and debit cards to their customers. This

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French Government to Roll Out Digital ID Authentication With IDEMIA

The French government agency Agence Nationale des Titres Sécurisés (ANTS) will be collaborating with IDEMIA, a provider of identity-related security services, on the national digital ID program, France Identité Numérique. With their consent, French citizens using the service, will be

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Top 10 Leading Fintech in France by Amounts of Funds Raised

Despite the economic turmoil caused by the COVID-19 pandemic, French fintech companies showed resilience in 2020, raising a total of EUR 828.2 million through 63 deals, up 18.9% from 2019, according to data from industry trade group France Fintech. As

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Spendesk Raises €100 Million in Series C Funding

Paris-headquartered Spendesk, an all-in-one spend management platform for finance teams, has raised €100 million in a Series C funding round. The round was led by global growth equity firm General Atlantic while existing investors Index Ventures and Eight Roads Ventures

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IDnow Notches Its Third Acquisition With French Regtech ARIADNEXT

IDnow, a German-based leader in identity verification-as-a-service solutions, announced that it has agreed to acquire ARIADNEXT, a French company specialising in remote identity verification and digital identity creation. With IDnow and ARIADNEXT joining forces, the companies can provide one comprehensive

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Banque de France Completes Digital Currency Pilot With SEBA Bank and Partners

Banque de France successfully conducted a Central Bank Digital Currency (CBDC) experiment with SEBA Bank, as part of the experimental programme launched in March 2020. The experiment consisted in using the CBDC to simulate the settlement of listed securities and

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French Crypto Security Provider Ledger Bags US$380 Million in Series C Fundraise

Ledger, a French provider of security and infrastructure solutions for cryptocurrencies and blockchain applications, announced that it has raised $380 million during a Series C funding round led by 10T, a mid- to late-stage growth equity fund that invests in private

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Swiss and French Central Banks to Pilot Wholesale CBDC Project

The Swiss National Bank, the Banque de France and the BIS Innovation Hub announced that, together with a private sector consortium led by Accenture, they will conduct an experiment using wholesale central bank digital currencies (wholesale CBDC) for crossborder settlement.

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Shift Technology Joins the Unicorn Club by Securing $220 Million in Investment

Shift Technology, a France-based SaaS provider of AI-driven decision automation and optimisation solutions for the insurance industry, announced that it has closed a Series D investment round of $220 million. The latest funding round brings total investment in Shift to

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