Fintech 2019 - France

1 APPROACHES AND DEVELOPMENTS

There have been significant developments in global approaches to the regulation of Fintech in recent years with new opportunities, risks and challenges for market participants, customers and regulators arising from Fintech.

Such areas of Fintech could include electronic payments, "robo advice"/algorithmic-based advice, trading and lending platforms, cryptocurrencies and related initial coin offerings/token-generating events and other blockchain technology-based applications.

In the last few years, France has jumped into the race to become Europe's top Fintech jurisdiction. Although France cannot boast any world-scale Fintech "unicorn", the scene is very active and a lot of promising startups were born or reached a significant scale in the last few years. French Fintech startups are supported by a strong network of business angels, venture capital funds, and professional organisations and associations. In addition, established