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The fintech sector in a good position in the French Tech 120 and the Next 40

February 9, 2021 | Other, Sector views

The new list of companies making up the French Tech 120 and Next 40 was revealed by Bruno Le Maire, Minister of the Economy, Finance and Recovery, Cédric O, Secretary of State for Digital Transition and Electronic Communications and Kat Borlongan, Director of the French Tech Mission. 

Le French Tech Next40 / 120 offers support designed to the scale-up French women with the capacity to become world-class technological leaders. While the selection criteria remain the same as those used in 2020, the thresholds in turnover and fundraising to access these indices were noted, confirming the acceleration of the French start-up ecosystem(1)

The 2021 ranking once again incorporates many fintech / assurtech : 19 companies were selected. The sector represents nearly 16% of FT120 (+1,6 points compared to last year(2)) and 22,5% of the Next 40 (+2,5 points).
It is now the first category of the Next 40.

 

This announcement confirms the innovative capacity of fintechs and the trend already illustrated by several indicators: 

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