Oh, France, the land of baguettes, wine and... Fintechs?

France’s fintech scene is attracting more investors and bigger tickets, and Money2020 Europe last month was a demonstration of just why the sector is garnering such traction. Business France, supported by CB, brought 12 of France’s most promising fintechs to the French Pavilion, including ubble, which is soon to be acquired by Checkout.com to expand its financial product portfolio.

Minima, the first cooperative, ultra-lean, blockchain network that enables anyone to run a complete node on a mobile or IoT device, today launched The Minima Innovation Challenge in partnership with EdenBase, UK’s first fund with a supergrowth hub and an ecosystem, investing in the next generation of game-changing companies, powered by frontier technologies.

Founded in 2016 as the investment arm of Natwest Group, NatWest Markets helps its corporate and institutional customers manage their financial risks and achieve financial goals while navigating changing markets and regulations. Today, beyond providing products and solutions centred across currencies, rates, and financing, the company's mission is to actively support customers in their transition to achieving broader environmental and societal goals.

Two-thirds of UK retailers (69%) report improvements in at least one area of their business sales and performance metrics as a direct result of offering Buy Now Pay Later (BNPL) payments to customers. This was the finding of analysis by RFI Global, the only global data and insights company focusing exclusively on financial services. 

TrueLayer, Europe’s leading open banking platform, today announced that the innovative credit firm Tymit is delivering an enhanced experience through instant bank payments for its Credit and Booster customers.

Consumers want far more personalized mobile banking experiences that make it easy for them to get real-time 1:1 support anywhere, says a survey of almost 3,000 consumers, commissioned by Sinch (Sinch AB (publ) – XSTO: SINCH).

Personetics, the leading global provider of financial data-driven personalisation and customer engagement solutions for financial institutions, today announced a new partnership with iBank Marketing Co., Ltd., a subsidiary of Fukuoka Financial Group and widely recognised as Neobank in Japan.

Today, Jaid, formerly, Opsmatix, an established, innovative fintech firm providing AI-powered human communications solutions, unveils a new company name and corporate identity which underpins the firm’s ambitious business development strategy. The new corporate identity launch follows the appointment of Dan Kramer as CEO in April 2022. It is the first of several important new announcements to come. The company will trade as Jaid with the official company records remaining as Opsmatix Systems Limited.

SAP Fioneer, a leading global provider of financial services software solutions and platforms, has announced the launch of a new vertical product strategy which significantly reshapes its offering to customers. Adopting a vertical approach, three platforms will provide IT solutions tailored to a specific market and customer needs enabling them to navigate an increasingly complex financial landscape.

Europe’s leading open banking platform, Tink, has announced a significant upgrade to its payment stack with the launch of settlement accounts, a new feature that aggregates PIS settlement. Starting in the UK with a wider European roll-out to follow in the coming months, this launch enables real-time payment confirmation, instant refunds and payouts, integrated reporting, and more.