Publication

Société Générale is acquiring French startup Shine. Terms of the deal are undisclosed. According to a source, Shine is getting acquired for around €100 million in an all-cash deal (around $112.6 million). […] And it’s been working well with 70,000 freelancers and very small companies using Shine for their bank account. But Shine is built on … Continued

We’ve seen challenger banks for teens; we’ve seen pocket money apps for tweens; and now, Europe’s youngsters are getting a “messenger bank” — an encrypted chatbot that manages users’ finances and sends money via Facebook, WhatsApp, Telegram and Viber. […] Nonetheless, Zelf — which is currently based in Latvia — has tried to establish its credentials by … Continued

More evidence that Gen Z is switching to chat platforms for just about everything, including banking, emerges today in the news that Zelf, a fintech startup offering neobank-style services, is generating buzz amongst Gen-Zers in Spain and France. Its ability for users to interact solely via messaging has seen the startup hit over 260,000 card pre-orders … Continued

Claire Calmejane has been chief innovation officer at Société Générale for just over a year, with a job description that includes identifying future trends and helping the 150-year-old French bank partner better with startups. Under her watch, Société Générale has acquired startups like Treezor, the banking-as-a-service platform, invested in Reezocar, the second-hand car startup,  and … Continued

Meet Upflow, a French startup that wants to help you deal with your outstanding invoices — the company first started at eFounders. If you’re running a small business, chances are you’re either wasting a ton of time or a ton of money on accounts receivable. […] But all of this is just one part of the product. … Continued

French startup Qonto has raised a $23 million funding round for its fintech product. The company is trying to make business banking cheaper, faster and more efficient. […] With today’s funding round, the company plans to double the size of the team and create its own payment infrastructure. Qonto currently relies heavily on Treezor for the back end. … Continued

French startup Shine is raising a $9.3 million (€8 million) Series A round. The company is building an alternative to traditional bank accounts for freelancers working in France. […] Shine doesn’t handle IBAN and cards directly. The company partners with Treezor for those banking features.

French startup Lydia announces two new things today. First, the company is launching a financial hub with multiple new products. Second, Lydia is announcing a new premium subscription to access those new features. […] Personal IBAN numbers and direct debits are no longer available for now — you could generate one for free. They’ll be … Continued

French startup Qonto has raised another $11.3 million (€10 million) from existing investors Valar Ventures and Alven Capital. The company is now also open for business. You can now create a French business bank account on the company’s website. […] Behind the scene, Qonto partnered with Treezor for the back end. Treezor is the company that is actually managing your money. It generates … Continued

French startup Qonto has some ambitious goals and wants to become the best bank account you can get when you start a company in France. Just like N26 wants to be a more modern bank for everyone, Qonto wants to do the same thing, but for business accounts. […] Behind the scene, Qonto partnered with Treezor for the back end. … Continued