There are many innovative fintech companies in France that are successfully developing financial products. According to the Bank of France, with the mass adoption of AI, fintech companies are developing new technologies and finding their niche in providing services to corporate and retail customers. Below are some of the leading fintech companies in France.
Pigment is a comprehensive business planning platform that helps revenue teams develop informed forecasts. Used by Figma, Coca-Cola, and other companies, the platform integrates with cloud-based software and collects data to monitor revenue in real time and create forecasts for any scenario.
With over 19 offices worldwide, including one in Paris, Workiva develops a platform to simplify regulatory, financial and operational reporting. The company’s cloud-based platform allows customers to integrate data from different sources to create automations. Workiva also offers a generative AI product that creates documents using secured data.
Blackline develops accounting software to minimize human error and automate financial close processes. Ideal for medium to large companies, the software offers solutions for invoicing, billing, payments and automated accounting. Blackline is headquartered in the United States, with a location on the outskirts of Paris.
Lydia is a France-based banking and payments startup. Its platform offers high-interest current accounts as well as instant money transfers to phone numbers and email addresses. One of Lydia’s more innovative products is Sumeria+, which rounds up transactions and puts the extra money into an interest-bearing savings account. With the launch of its banking features, the company renamed its app Sumeria to incorporate the new features, but continues to operate under the original Lydia name.
Qonto is a European fintech company for small and medium-sized businesses and freelancers. It offers company formation services that guide individuals through the legal procedures of setting up and opening their business, but is best known for its banking and credit solutions. Through Qonto’s business account, companies can access a wide range of solutions including payment processing, SEPA transfers, invoice manager and much more.
