Internationalization: the next challenge for French fintechs in hypergrowth

Article published in La Tribune by Juliette Raynal following the fundraising announcements from the payment app Lydia and the neobank how much.

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The fintech ecosystem in France is only evolving from year to year. With the arrival of Tencent with the capital of two French startups the question of internationalization arises. A new challenge for our French fintechs. The announcement of the two fundraising rounds in January gives the prospect of a great 2020 for the entire French fintech ecosystem!

“Investments in fintech startups doubled in 2019 compared to 2018 to reach 699 million euros. The average ticket now stands at 11 million euros, against 5,6 million a year ago and our 'babies' are placed in the reference rankings. We have four fintechs in the KPMG global top 100 and seven in the Next 40 [Alan, Ledger, October, Shift, Younited Credit, Wynd and Ivalua, editor's note]« , Alain Clot, President of France FinTech

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