Paris Fintech Companies to Watch in 2022
CEO Ram Tumuluri “Staying on top of trends becomes more important as the financial industry changes and grows with new technologies. The best way to do this is to keep an eye out for creative fintech startups that are gaining momentum. In addition, there are a lot of forecasts for the future of fintech, and there are a lot of companies trying to shape it. As such, we’ve prepared a list of the ten most rapidly evolving fintech companies in Paris to keep an eye on in 2022.”
Paris Fintech Companies to Watch in 2022
Ledger
With over 3.5 million users in 165 countries, Ledger is the global leader in security and infrastructure solutions for blockchain and cryptocurrencies applications. They have offices in Singapore, Zurich, Grenoble, Montpellier, London, New York, Portland, and state-of-the-art manufacturing in Vierzon. They currently have a team of over 500 specialists working on products and services to protect bitcoin assets for both individuals and businesses. This includes hardware wallets, which have been purchased by over 3.5 million people in 165 countries.
Lydia
The Lydia app allows individuals to pay each other quickly and easily. It was developed and tested in France to meet the highest banking and IT security standards. Amazingly, they raised $86 million in its Series B investment in December 2020. Interestingly, this makes it the largest fintech transaction in France’s history. The round, led by Accel and sponsored by Tencent, brings the company’s total funding to $131 million.
Alan
With simple pricing and a cheerful app, Alan provides health insurance for employees of small businesses. They’re now regarded as one of France’s most promising startups. It’s targeting increasingly large corporations and pursuing a long-term goal of becoming a platform for a variety of healthcare services (for example, connecting individuals with doctors) rather than just health insurance.
Spendesk
Spendesk is a fintech company using digital interfaces and physical pre-paid (pre-approved) cards to assist businesses in managing their costs. It also provides real-time, company-wide spend analysis, subscription tracking, and office order tracking. Finally, they have a presence in over 30 nations, with over 40k users ranging from Wefox to Curve.
Moka
Moka, originally Mylo, opened its European headquarters in Paris in July 2020. They aim to help people meet their financial objectives by making it simple to save more, spend less, and invest wisely. Their software links to bank accounts, rounds up transactions and allows users to invest the change.