Credit News in Brief - February 2019
PLAYERS’ STRATEGIES – Agos Buys Out Banco BPM Subsidiary Agos –Joint Venture by Crédit Agricole Consumer Finance and Banco BPM– buys out Pro...
Payment news
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Ben, a Bot for Virtual Currencies
Chatbots are increasingly being used in financial contexts and have been improved over the months to perform complex tasks, including even traini...
Feedback: PayPal's split payment offer is a success
For several years now, PayPal has been expanding its credit offering by proposing a fractional payment offer, available in France since July 2020...
Alma raises new funds to grow faster
FACTS Fintech Alma completes the largest fund raising in its history for an amount of 49 million euros. Its ambitions: to now targe...
Finfrog raises funds to support its microcredit offer
Finfrog, the micro-lending FinTech, has just announced a major fundraising, six years after it entered the French micro-credit market. Its altern...
Europe agrees to better regulate fragmented payments
Under discussion since last July, the representatives of the European Parliament, the Council and the Commission of the European Union have reach...
Feedback: Fragmented payment attracts one third of French people
FACTS Leader in the fragmented payment market in France, Floa Bank has conducted the 3rd wave of its barometer with Opinion Way to assess t...
REX: Consumer Lending Still Popular in France
Every month, the French association for financial companies (Association Française des Sociétés Financières – ASF) releases their survey on credi...
Crédit Agricole invests in regional development
Crédit Agricole has announced the acquisition of a minority stake in Bordeaux-based start-up CibleR. The two companies are also becoming p...
Sofinco launches "A la carte", an all-in-one payment solution
Sofinco, the Crédit Agricole Group's consumer credit brand, has announced the launch of a new card offer called "A la carte". The aim is t...
Revolut teases a new "Ultra" card
The neo-bank, which had largely focused its strategy on expanding its range of services in recent years, is now refocusing on the fundamentals of...
Payment Observatory June 2024
Highlights of the month
La Banque Postale Digitalises Micro-Credit Applications with Créa-sol
La Banque Postale partners with a Marseille-based microfinance institution, Créa-Sol. The banking group will refinance part of their loans and pr...
Partnership between La Redoute and iFeelGoods
The Franco-American start-up iFeelGoods signed a partnership with La Redoute to position itself on the French market. iFeelGoods offers virtual g...
Lovys enters a new BtoB partnership with Pumpkin
FACTS While the French AssurTech market is currently performing well, Lovys is acting as a growth driver after its recent €17 million fund ...
manager.one integrates access to Bump network charging points into its multifunction card
manager.one has teamed up with Bump to enhance its multifunction business card with a new feature providing access to a vast network of charging ...
REX: Splitit takes advantage of the boom in the fractional payment market
FACTS Splitit, formerly PayItSimple, is an American platform that offers payment solutions at no cost. It announces that it has tri...
La Banque Postale enters the Credit-as-a-Service market
FACTS La Banque Postale Financement, the subsidiary dedicated to consumer credit, changes its name to La Banque Postale Consumer Finance (L...
French Customers Praising a Responsible Approach to Consumer Credit
More than 25% of the French households have subscribed a consumer credit line and the proportion of new borrowers has increased by roughly 3% in ...
Orange Bank Unveils a Credit Offer
Initially scheduled for Autumn 2017, Orange’s consumer credit service is now being made available to all their m-banking customers. Orange promis...
