French Fintech Pennylane Doubles Valuation
French accounting software company Pennylane has doubled its valuation to 2 billion euros ($2.16 billion) as part of a new 75 million euro financing round.
France
RockFi Raises $19 Million
The fintech company RockFi, which is based in Paris and operates in the area of wealth management, announced that it raised new financing for $19 million.
French Alternative to Stargate AI Secures $112B
As Paris is hosting the Artificial Intelligence Action Summit, French President Emmanuel Macron revealed that the local AI ecosystem has secured €109 billion in private investments.
Mistral AI Rolls Out App
French startup Mistral AI, backed by Nvidia, on Thursday, February 6, rolled out a new app for its generative artificial intelligence software.
Amphitrite Optimizes Maritime Shipping and Ocean Cleanup With AI and NVIDIA Earth-2
Amphitrite, a French startup powered by NVIDIA technology, helps ships reduce travel time, fuel use, and emissions by predicting ocean currents and simulating different weather conditions.
Moody’s Downgrades France’s Credit Rating
Moody’s Ratings downgraded France’s credit rating after local far-right leader Marine Le Pen toppled the country’s government as part of a dispute over reducing the public’s budget deficit.
La Banque Postale to Finance Energy Renovations With New Impact Card
La Banque Postale, collaborating with WWF France, has become the first traditional bank in France to introduce an impact credit card aimed at supporting energy renovations for sustainability-focused homeowners.
Barclays Prefers German Blue-Chip Stocks Over French
Strategists at Barclays, a London-based bank, said that German blue-chip stocks show more promise compared to their French counterparts.
Mistral AI Reportedly Eyes US Expansion
The media reports that currently the French startup Mistral AI, which operates in the artificial intelligence industry, is stepping up its expansion efforts in the United States to compete with technology giants based in Silicon Valley.
Revolut 2025 Vision Features AI Assistant, Mortgages, Branded ATMs, and More
Revolut unveiled its 2025 product roadmap which includes a smart in-app AI companion, digital mortgages, branded ATMs and a suite of business-oriented products.
Gemini Launches Crypto Services in France
US-based crypto exchange Gemini launched its services in France about a year after obtaining a digital asset service provider (DASP) registration.
LightOn to Become Europe’s First Listed GenAI Startup
The French startup LightOn, which operates in the area of generative artificial intelligence, has launched an initial public offering (IPO) of shares on the Euronext Growth market in Paris.
Mistral AI Releases New Products
The French startup Mistral AI presented its first models of generative artificial intelligence designed to function on such devices as laptops and smartphones.
Do Revenues and Sales Depend on a Variety of Payment Methods?
In an effort to boost sales, merchants strive to provide excellent customer experience and utmost payment flexibility. But does the variety of payment methods available on the e-commerce platform account for bigger revenues or scare customers away? We’re here to analyse a possible connection and decide whether the focus on payment variety is worth the […]
Societe Generale Sells UK and Swiss Private Banking Units to Refocus
French banking group Societe Generale has agreed to sell its British and Swiss private banking divisions to Union Bancaire Privée for an estimated price of €900M to achieve “a streamlined, more synergetic and efficient business model”
BNP Paribas and Mistral AI Forge Banking Pact
French bank BNP Paribas has announced the beginning of a large-scale partnership with Mistral AI, a startup based in the same country operating in the artificial intelligence industry.
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