France is now among the top three destinations in Europe for fintech investors, new data shows, having narrowly overtaking Sweden for the first time. The investment milestone follows a concentrated effort by French politicians to make the country into a startup nation, with the local government dedicating $4b to support young businesses, as well as issuing special tech visas.
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France’s bid to become fintech hub is working, as funding levels overtake Nordics
“We have a very strong fintech sector. Fintech is actually the only sector that has a dedicated louvee, it’s represented by France Digital,” she told Sifted earlier this year, adding that a string of exits and second-generation founders have boosted its maturity.
