NewAlpha Asset Management releases its fourth edition of the annual French FinTech mapping.
NewAlpha launched in 2015 the first French Venture Capital fund dedicated to European FinTech. Its investment team of Fin & Tech expert is in touch with entrepreneurs and institutional players of the finance industry on a daily basis.
NewAlpha’s team analyzed several hundred companies and paints a representative picture of the French FinTech sector through this mapping updated in December 2020.
“The digital transformation of every economic player has reached an unprecedented pace during this very special 2020 year. Under these circumstances, the key role of the finance industry has proven to be fundamental and startups have been able to resist thanks to their structural assets. French FinTech significantly strengthened their strategic positioning, dynamism and international attractiveness significantly strengthened in 2020. This leads us to believe that the first French unicorns will emerge and join the 24 European FinTech unicorns, a number that has increased sixfold since 2016. More than ever, the French Fin&Tech scene shows great potential. »
Lior Derhy, Managing Partner at NewAlpha AM.
The 387 companies are French entrepreneurial FinTech companies which showed significant activity throughout 2020. These FinTech companies are transforming the banking, insurance and asset management activities by offering new financial products or digital solutions that enable financial industry players to optimize their business processes.
They are categorized by activity and seniority in order to measure their entrepreneurial dynamics over the last few years. We also provide a fundraising analysis by sector that highlights the trends in the FinTech scene
For any questions, feedback or possible additions in future editions: firstname.lastname@example.org.
You can download the full version of the 2021 Fintech Mapping by clicking here.
ABOUT NEWALPHA ASSET MANAGEMENT
Founded in 2004 and based in Paris, NewAlpha Asset Management is an asset management company specialized in the sourcing, selection and management of alternative investments. It manages €2.2 billion through absolute return, private equity and venture capital funds. Its clients include more than 40 institutional investors from the French and international financial industry: public and private pension funds, insurance companies, asset managers and banks. Its entrepreneurial DNA is reflected in its shareholder base, which includes its employees and major financial institutions (Groupe La Française, affiliate of Crédit Mutuel Nord Europe, MACIF and Natixis).
In November 2015, NewAlpha Asset Management launched the first French Venture Capital fund entirely dedicated to FinTech start-ups. The investment strategy implemented focuses on early stage European FinTech start-ups in the acceleration phase. The investment team, which has been working exclusively in this sector for more than 5 years, acquires minority stakes in FinTech startups whose innovative profile is based on their technology or business model. NewAlpha generally takes part in the first or second round of institutional funding (Series A and Series B).
NewAlpha Asset Management has been involved in more than 15 FinTech investments, including Lydia, Digital Insure, Mobeewave and Wikifolio. Many of these investments were achieved alongside leading venture capital funds (including Accel, SpeedInvest, Keen Ventures, Alma Mundi Ventures, Cathay) and major industry institutions (including Tencent, Samsung, Crédit Agricole, CNP Assurances, Swiss Re, BPI France, Aviva, PostFinance, Mastercard).