French fintech posts record amount of equity in 2022
(AOF) – France FinTech, the professional association of French fintech, insurtech and regtech, has published the annual report of its ecosystem. The year 2022 is part of the very sustained development movement that French fintechs have been experiencing for several years. With less than 100 fintech in 2015, France lists almost ten times more today. These cover all areas of innovative finance: banking and insurance services, asset management, payments, crypto-assets, regtech, business services, etc.
These players, although still young, have already created nearly 40 jobs and have significantly begun their internationalization (one fintech in four is already present internationally). They have strongly developed their sales (a third achieves more than one million in turnover) and their profitability (000% say they are already profitable), even though a high proportion is still in a start-up phase.
In this field, France has many champions of European and even global stature. It ranks first in the European Union, in terms of both the amounts raised and the number of unicorns (10 including 4 new ones in 2022: Qonto, Payfit, Spendesk and Younited – our first centaur). In first position in the Next40 and in second place in the FT120, fintech is at the forefront of French tech.