Tag: France

French startup, Stoïk, a rapidly-growing InsurTech company, has recently announced its plans to expand into Germany, marking it as their second operational country. The new German team will be led by Franziska Geier.

Tristan Kalos and Antoine Carossio's venture, Escape, an API security company fresh from Y Combinator's 2023 cohort, has just closed its seed round on $3.9m. 

Egerie, a cyber risk company, has raised €30m in a funding round backed by investors in the insurance and cybersecurity spaces.

The National Commission for Technology and Freedoms, France’s privacy watchdog, has slapped Microsoft with a €60m fine.

The central banks of France and Luxembourg have finished an experimental CBDC project to settle a €100m digital native bond, claims Finextra.

France-based cyber defence solution TEHTRIS has raised €44m in financing, which includes €36m in growth equity.

Ireland has the highest fraud risk index in Europe with a rating of 7.44, according to research from payment processing information service Merchant Machine.

The Banque de France intends to speed up its wholesale CBDC program as it looks to be ready to introduce central bank money as a settlement asset as early as next year.

Cosmian, a company that specialises in encryption, has scored $4.4m from a funding round led by La Banque Postale.

France’s data privacy and protection body has slapped Facebook with a €60m fine and Google with a €150m penalty following misdemeanours around internet cookies.