#Event – LendIt Europe, connecting the best of Lending around the world

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3 October 2016

One week left before LendIt Europe, the biggest Fintech event in the world dedicated to the lending sector, opens its doors in London.

In the year 2012, LendIt launched its first conference in New York and gathered 340 people. Its ambition was to connect every major player, platform, investor and service provider in the lending space.

Since then, it has established itself as the most important event dedicated to the lending sector, gathering thousands of experts and entrepreneurs every year around the world, from USA to Asia and Europe.

“LendIt is the most efficient way to stay abreast of the latest developments in online lending and interact with the key decision makers”

Last year, more than 800 people showed-up to listen to key Fintech influencers and entrepreneurs who were sharing their vision about the future of lending.

For this year’s session, the team behind LendIt wanted to make something even more interactive. For the first time, they give 8 Fintech start-ups the chance to pitch in front of a room full of investors. Not only this will allow the start-ups to receive an amazing exposure from the international Fintech community but it will also allow them to find new partners to scale-up.

“In partnership with CAPITAL ONE, the idea is to nurture emerging talent throughout the competition, provide selected finalists with unparalleled access to industry expertise”.

Headline judges for the pitchit session in Lendit Europe — Headline judges for the pitchit session in LendIt Europe

The winner will be rewarded with a Bronze sponsorship package valued at £7,500 for next year’s conference, plus a personalized mentor plan from Capital One, a US-based bank.

Among other things, participants will have access to an exhibition hall, company demos, networking sessions, parties and many more. The conferences will be conducted around six main topics:

1/ Credit risk and technology,

2/ New approaches to lending,

3/ Continental Europe opportunities,

4/ Investor innovations,

5/ Small business and property lending?

6/ The future of Fintech

We are very glad to come to this event as a media sponsor. We will forward you with daily live news so that you can follow the best of LendIt Europe if you did not have the chance to come directly to London to attend the event.

Do not hesitate to contact us before if you want to manage a meeting with our team to discuss further about Lending!

France – Connecting Global Fintech Hub 2016 by Deloitte

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Team Europe

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1 October 2016

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Deloitte recently published a report on the state of the 21 emerging and established FinTech Hubs from around the world.

The report established an index performance score that is based on 6 key factors: the government support, the innovation culture, the proximity to expertise, the proximity the customers, the regulation and the foreign startups part of the program.

Unsurprisingly you can see that the 5 countries (UK, Singapore, New York, Silicon Valley and Hong Kong) with a gold color are leading the global FinTech landscape. More interestingly, you can notice that key emerging Fintech markets such as Africa or Latin America are lacking from Fintech Hubs.

techfoliance_deloitte_global-fintech-hub-overview — Connecting the global FinTech Hubs, Deloitte

As mentioned by Louise Brett, Head of Digital and Customer Analytics at Deloitte:

These Hubs already have the appropriate ingredients (i.e. specialised talent, progressive regulatory bodies, investment capital, government support, etc.) and the strong collaboration within the ecosystem that is required to develop leading global FinTech sectors, and which are capable of innovating across the financial services and technology landscape.

What about France?

Despite that France has no accelerator dedicated to FinTech, it still has a strong environment with a score of 77 that position the country at the 14th place. Some investment funds and banks are investing a lot in Fintech such as Credit Mutuel Arkéa, BPCE, XAnge PE or Partech Ventures. Success stories like Finexkap, Leetchi or Compte Nickel contributed to position the country as part of the global FinTech Hubs.

But according to the report, France should also focus more on attracting foreign startups, for example through a better regulatory framework.

You can have access to the full report on this LINK

Lyon is hosting a new robo-advisor project between a bank and a Fintech

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Team Europe

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29 September 2016

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We talk a lot about Paris when it comes to Fintech start-ups but let’s not forget that the strength of France comes from its national dynamism that allowed to create the country’s fame in the tech scene around the world.

Cities like Lyon, Bordeaux, Toulouse, etc. are all hosting disruptive technologies in the financial space. The french bank BPCE launched its Fintech accelerator last June in Lyon and the same bank recently announced it was acquiring the german digital bank Fidor Bank.

Last monday the 26th, the french bank Credit Mutuel Arkéa announced it was investing in the Lyon-based Fintech start-up Vivienne Investissement, a quantitative asset-management company. This is obviously great news for Lyon’s Fintech ecosystem. But it is also great news for the company that has been working under the radar since its launch in 2005.

If you haven’t heard about ‘Vivienne Investissement’ before, that’s probably because the company grew out of a private research and development unit over the last 11 years. Their focus was made on how to understand the risks and biases on the financial markets to structure their management processes. Their ambition is to “make the data speak in the context of understanding the facts”.

What is fascinanting with this project is that it perfectly illustrates what France does the best with its top quality engineers. The academic background of the team is just impressive: Ecole polytechnique, ENS, Berkeley, Stanford or Princeton, the 8 engineers are not former bankers but scientists who want to bring the best of data to the financial sector.

This partnership with Credit Mutuel Arkéa aims at building products such as Robo-advisors that will be used within the bank to help its clients better manage their savings.

We are truly excited to see what will be the next step of this collaboration between a very dynamic french bank in the FinTech space and a company that is building a technology in finance with the scientific community.

Fund story #1 – Discover this week’s top funding rounds in Fintech in each continent

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Team Europe

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27 September 2016

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You wanna know what’s hot in Fintech outside your country? Then you got to follow our weekly fund story that reveals the top funding rounds made by Fintech start-ups in Asia-pacific, Europe, Africa, North America and Latin America.

Please note that we will highlight older funding rounds in the case that we are not able to provide information on a fundraising made during the current week.

ASIA-PACIFIC

Name: U51.com
Country: China
Amount: 310 million dollars
Investors: Tiantu Capital, Xinhu Zhongbao
Funding date: September 21, 2016
Description: Founded in 2012, U51.com, also known as 51Xinyongka, helps users manage their credit card bills, invest in wealth management products, apply for online loans and provide other personal credit-based financial services.

EUROPE

Name: FinanceFox
Country: Germany
Amount: 28 million dollars
Investors: AngelList, Horizon ventures, Idinvest partners, Salesforce ventures, Seedcamp, Speedinvest, Target global, Victory Park Capital
Funding date: September 20, 2016
Description: FinanceFox is an InsurTech based in Berlin, Zurich and Barcelona. Founded in November 2014 in Switzerland, it combines many years’ experience in the insurance industry with the world of digital technology. With its app it enables customers to manage their finance products cleverly and efficiently.

AFRICA

Name: Zoona
Country: South Africa
Amount: 15 million dollars
Investors: International Finance Corporation
Funding date: August 17, 2016
Description: Zoona is a mobile technology company developing products such as money transfers, electronic voucher payments, and agent payments.

NORTH AMERICA

Name: Ripple
Country: United States
Amount: 55 million dollars
Investors: Abstract Ventures, Accenture, CME Ventures, GV, Santander Innoventures, SBI Investment
Funding date: September 16, 2016
Description: Ripple is creating a global real-time payment system by providing enterprise-grade solutions to banks and financial institutions.

LATIN AMERICA

Name: Kubo financiero
Country: Mexico
Amount: 7.5 million dollars
Investors: Alta Ventures Mexico, Bamboo Finance, Capital Invent, Endeavor Catalyst, KuE Capital, Monex Precious Metals, Tanant Capital, Vander Capital Partners, Wayra
Funding date: August 4, 2016
Description: Kubo.financiero is a regulated microfinance institution that provides accessible and affordable loans to borrowers in Mexico. Ranging from US$400 to $4,100, these loans can be used for working capital, fixed assets, education fees and supplies, and pre-payment for other loans that have higher interest rates.

Credit.fr and Hello Bank!, a strategic partnership between crowdlending and mobile banking

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Team Europe

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24 September 2016

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This is it, two french fintech actors have announced a unique partnership yesterday to allow retail clients invest part of their savings into small and medium enterprises.

Credit.fr, one of the leading french crowdlending platform in France and Hello Bank!, the mobile bank created by the french bank BNP Paribas in 2013 are partnering to diversify the range of financial products and services available to their clients.

Hello Bank! is set to have a client base of roughly 200,000 people and is available in 5 countries: France, Germany, Belgium, Italia and Austria. The service is 100% mobile and allows individuals manage their savings from the app and pay with a dedicated credit card without paying transaction fees. But as you can see, clients were restricted to payment solutions.

This partnership is then bringing a lot of value added to Hello Bank’s clients. They can now invest directly from their account into SMEs and get monthly return. That’s where Credit.fr is providing its expertise. Credit.fr is a leading crowdlending platform in France that has already invested more than 4 million euros into 91 projects with its community of 6,300 lenders.

The power of this collaboration is that instead of being redirected to another website that requires customers to create another account, everything becomes intergated. Which makes the process a lot easier for customers. It also opens the path to a new form of collaboration.

We have heard a lot of talks over the past months about the future of banking as a platform or a marketplace. This partnership is the sign that we are coming closer to a new kind of banking architecture where customers will have access to a wide range of financial products directly from their mobile.

Top 20 most popular Fintech Start-ups on Social Media in France

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Team Europe

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21 September 2016

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France wants to be a leading country in Europe in the FinTech space. Following the Brexit, a race started between countries to become the new Capital of FinTech in Europe.

Obviously, to reach that goal, part of the game will have to go through social networks such as Twitter, Linkedin or Facebook to promote a country’s ability to attract game changers and build the future of finance.

Techfoliance wanted to have a better view on which french FinTech start-ups are contributing the most to make France a FinTech nation. We used the Klout score that is provided by the Riffle Twitter Insights app, and here is what we found:

Last update : 22 September 2016

Rank	Name	Sector	Twitter Followers	Facebook community	LinkedIn Followers	Klout Score
1	Ulule	Crowdfunding	23900	85367	2711	62
2	KissKissBankBank	Crowdfunding	22200	72444	2771	61
3	Morning	Neobank	3615	5797	256	59
4	MyMajorCompany	Crowdfunding	8147	61264	672	55
5	Leetchi	Payment	4717	72794	1016	54
6	Wiseed	Crowdequity	7979	6600	1964	54
7	Bankin	Personal Finance	2870	6584	479	54
8	Lemon Way	Payment	6513	28901	1333	53
9	Lendix	Lending	3344	5036	1835	53
10	Anaxago	Investment	4963	4020	1773	52
11	Finexkap	Factoring	8479	7323	953	51
12	Bulb in Town	Crowdfunding / Crowdequity	11400	17791	276	50
13	Linxo	Personal Finance	3695	9846	333	50
14	Alternativa	Crowequity	4394	4743	784	50
15	Lydia	Payment	2150	4725	1108	50
16	Happy Capital	Crowdequity	4909	9950	232	49
17	Prexem	Lending	7771	2304	289	49
18	Unilend	Lending	5262	2787	728	49
19	Younited Credit	Lending	3461	26097	3713	47
20	Compte Nickel	Neobank	2360	28506	508	45

If you think we forgot a FinTech in the list, please feel free to leave a comment below!

INVYO Insights Europe