Note: This is the 2nd article of the two parts report written by Nada Rafi on the Fin&Tech Community day organized by Finance Innovation the 8th of December 2017 in Palais Brongniart (Paris). Part 1 introduces the Fin&Tech community and zooms on the labeled startups. Part 2 (this article) come back on noteworthy information that came to her ear during the event.
#FTCommunity Day Noteworthy Information
What I’ve heard, see, learned, liked, disliked and want to share with you: Swave, a new Fintech incubator in Paris, the French Fintech Tour, the Green Blockchain Project and to conclude my event wrap-up.
Continue reading “Fin&Tech Community report – December 8th 2017 – Part 2”
Europe is currently in the grip of a Fintech revolution with 2018 set to be a pivotal year for startup companies looking to transform the financial world.
I hence went to gauge the French Fintech sector’s temperature at the FIN&TECH COMMUNITY held on December the 8th at Palais Brongniart in Paris.
As I walk through La Bourse doors, it is like I am travelling back in time, back to the traditional open outcry trading. What ironic to host a Fintech event in such a place.
In the meantime, I can feel that we are the new stockbrokers, the future of the financial industry.
As I try to sit in a crowded conference room where about 1000 participants are hustling not to miss a piece of info, we have no doubt about being the new impact makers!
Note: This is the 1st article of the two parts report written by Nada Rafi on the Fin&Tech Community day organized by Finance Innovation the 8th of December 2017 in Palais Brongniart (Paris). Part 1 (this article) introduces the Fin&Tech community and zooms on the labeled startups. Part 2 come back on noteworthy information that came to her ear during the event.
Continue reading “Fin&Tech Community report – December 8th 2017 – Part 1”
For a new marketplace
Bank lending is the most common source of external finance for several actors that are reliant on traditional debt to fulfill their cash flow and investment needs.
While it is commonly used by mid and large cap companies, SMEs, in particular newer, innovative and fast growing companies, with their higher risk-return profile, pose some challenges to traditional bank finance.
In an effort to circumvent the challenges of conventional financing, alternative financing schemes have arised to mobilize private investments.
Hence, crowdfunding has become an alternative source of funding across many sectors, and it is increasingly used to support a wide range of for-profit activities and businesses.
If peer-to-peer lending is attractive for small businesses that lack collateral or a credit history to access traditional bank lending, crowdfunding platforms are evolving into more sophisticated intermediaries.
Continue reading “Alternative Finance: A New Reg-Generation For A New Disruptive Phenomenon”