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The French National Gendarmerie has completed an 18 month money laundering investigation, which has resulted in the arrest of 18 suspects and the seizure of €4m worth of assets.
France-based cybersecurity solution developer TEHTRIS has raised €20m in its new funding round.
UK and France-based neobank startup Automata has has bagged £1.35m in its ongoing Series A round.
Companies like Amazon, Google and Facebook have taken steps into the financial industry, but now a French minister is urging FinTechs to stand their ground.
Business loan provider October has received €258m in funding to bolster its capacity to provide financing options.
France-based InsurTech Koala has scored €1.6m in a funding round led by UK-based incubator and fund Insurtech Gateway.
France-based FinFrog has reportedly raised €5m in its latest funding round, which will be put towards research and development efforts.
The Board of the Bank for International Settlements (BIS) is going to open four more BIS Innovation Hub centres across North America and Europe.