France FinTech publishes the half-yearly report of French fintechs “DON’T LET UP!” and presents the 9th edition of FinTech R:Evolution #FFT24 • “PATHS OF TRUST”
- 560 million euros have been raised by French fintechs in 50 operations since the start of 2024.
- This amount could demonstrate a certain recovery.
- FinTech R:Evolution, the sector's benchmark event will be held on Thursday October 17 at the Maison de la Mutualité and will have the theme “Paths of trust”.
France FinTech, the professional association of French fintech, insurtech and regtech, publishes the half-yearly report of the sector and announces the theme of the 9th edition of its annual FinTech R:Evolution event • #FFT24 • which will take place this year on Thursday October 17 at La Maison de la Mutualité, Paris. This 2024 edition will be called PATHS OF TRUST.
A recovery compared to the previous period.
French fintechs carried out 50 equity fundraising operations in the first half of 2024 for a total of €560 million. Even if the market is far from having returned to its record level of 2022 and the decline is insufficient, this amount could demonstrate a certain recovery.
Mergers and acquisitions activity was once again very strong this half-year and majority stakes taken by Private Equity funds continue.
The share of foreign investors has grown significantly. The use of crowdfunding or debt is increasing.
The number of French fintechs is now stable.
Analysis of activity shows continued growth in fintech turnover.
Mixed commercial distribution models (direct + via partnerships) occupy a growing proportion.
Overall, these observations confirm the access to maturity of the ecosystem.
The challenges of this period are nonetheless numerous and complex. More than ever, the central issue is trust. This is the theme chosen for the 9th edition of FinTech R:Evolution • #FFT24 • “Path of Trust,” which will be held on Thursday, October 17th at La Maison de la Mutualité.
FinTech R:Evolution has become the leading annual event for innovative finance , thanks to its selection of strategic themes and top-tier speakers across all sectors. The event also distinguishes itself through its emphasis on debate and its open, informal atmosphere. Featuring numerous conferences, discussions, and debates led by renowned speakers, this day will offer the 2000 expected participants a comprehensive overview of the major challenges facing the sector. More than 350 fintech, insurtech, and regtech companies will share their experiences, innovations, vision, and analysis . A true immersion into the heart of the ecosystem's issues, it will provide an opportunity to reflect on the evolution of our economic and societal environment, technologies, uses, and professions.
Information, program, ticketing and press accreditation
available on #FFT24 France FinTech
FinTech R:Evolution will once again be held this year as part of FRENCH FINTECH WEEK , organised jointly by ACPR, AMF, Paris&co and France FinTech, and will take place from 7 to 18 October 2024.
Founded in 2015 by entrepreneurs, France FinTech brings together companies using innovative and disruptive operational, technological, or economic models to address existing or emerging challenges in the financial services industry, representing the sector's key players. The association's mission is to promote excellence in the sector both in France and internationally, and to represent French fintech companies to public authorities, regulators, and the broader ecosystem.
France FinTech is today the largest sectoral association of start-ups in France and Europe. It is chaired by Alain Clot and Kristen Charvin is its general delegate. Its steering committee brings together the founders and managers of +Simple, AML Factory, Anaxago, Defacto, Epsor, Kriptown, Lydia, Pennylane, October, Rosaly, Virgil. The association now includes the Assurtech and Financing Participatif Colleges, following the integration of the “Insurtech France” and “Financement Participatif France” associations.
In addition to its actions on the regulatory and legislative grounds, its numerous publications, its workshops and various meetings, the association organizes each year the reference event of the ecosystem, FinTech R: Evolution.
France FinTech is co-organizer of the French FinTech Week, member of the ACPR-AMF Fintech Committee and founding member of the EDFA (European Digital Finance Association).
contacts:
Kristen Charvin – General Delegate
hello@francefintech.org
