Tuesday, April 10, in Paris, in front of a who’s who of start-up finance met at the Station F (campus start-up) event for the FinTech Revolution, the secretary of State to the minister of economy and finance, Delphine Gény-Stephann, exclaims : “You have grown, you are more competitive and better funded. “
These actors who want to “ubériser” the finance – the néobanques, jackpots online, the inventors of the money transfer at a discounted price and other door-flags of the cryptomonnaies – it also gives a pledge, promising to ” develop the legal and regulatory environment to facilitate the development of [their] projects “.
These “fintechs” (a neologism derived from the contraction of “finance” and ” technology “), founded by small geniuses of the computer eager to rethink the business of banking and insurance services, simple and cheap, and fill today’s space of the microcosm financial.
Their fundraising, their acquisitions, their partnerships, their lobbying in Brussels and at the ministry in paris to boost the competition with the banks, the launch, at the beginning of march, their new incubator (Swave) or, in the beginning of the week, a place, a collaborative dedicated to fintechs in the palais Brongniart, punctuate the news of the Paris.
Among the most popular are the néobanques Account-Nickel, N26 or Revolut ; the application of mobile payment Lydia, the jackpot Leetchi, the aggregators to view their bank accounts Linxo and Bankin’, or the health insurer Alan. In total, France has several hundred of these young companies, created for the most part after the turning of the years 2010, and decided to grab a small piece of the lucrative banking market.
However, this new financial industry is still struggling to find a place with the general public. The last barometer of the firm of Deloitte…