France
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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French Healthcare App Alan Raises €185 Million at €1.4 Billion Valuation
Alan, a France-based digital health insurance platform, announced last week the closing of a €185 million Series D funding round, bringing the company’s total valuation to €1.4 billion. The funding comes as Alan doubles its member base to 155,000 and
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ICC and Finastra Team up To Close the Growing Trade Finance Gap
The International Chamber of Commerce (ICC) and Finastra, a London-based financial services software and cloud solutions provider, have committed to a strategic initiative to tackle the growing trade finance gap. Both organisations are orchestrating an ecosystem and exploring the development
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Baloise’s Insurtech Arm FRIDAY Expands To France
FRIDAY, a Berlin-based insurtech which is a Baloise subsidiary, has announced its expansion into the French market. FRIDAY currently has a team at four offices namely Paris, Berlin, Warsaw and Luxembourg. Launched by Baloise as part of its Simply Safe
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Dutch Neobroker BUX Launched Its Investing App in France
BUX launched its zero-commission mobile investing app for its French users, making it the first neobroker of its kind in the market. This will be the third country launch for BUX in 2020, following the launch in Germany and Austria
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Central Bank of France Announces CBDC Partners Including Swiss Seba Bank
The Banque de France has finalised the 8 companies that were selected to test out the use of Central Bank Digital Currency (CBDC) for interbank settlements over the next few months. Firms selected by the central bank for the test
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