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The French fintech landscape is undergoing a rapid period of
growth. According to BlackFin Tech, in the past year the landscape
has grown to 350+ fintechs, and in 2017 €240m was
invested in French fintechs (this compared to the
€140m invested in Q1 2018 alone).
Some of this growth is attributed to President Macron, who as
stated by Crowdfund Insider, "put a new focus on
innovation and fostering a robust startup ecosystem." To help
fuel this growth in the fintech sector, the French government is
creating a €10bn fintech startup fund, which
will be invested over the next three to five years. With a
government backing them, what's next for the French fintech
ecosystem?
We asked our French contacts to share their perspective on
fintech in their region. This report shares some of those
findings.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
