Fintech

French flex fintech muscle as investment in Europe soars

Paris-based P2P lender Lendix raises €28m, underscoring the recent growth in investment into European fintech

French flex fintech muscle as investment in Europe soars

Europe was the fastest growing region for new investments in fintech start-ups last year, according to figures from consultancy Accenture published on the same day that Paris-based P2P lender Lendix secured a multimillion-euro round of funding.

Accenture said global investments in financial technology ventures tripled in 2014 to $12.2 billion from a year earlier, with Europe, where the value of investments increased 215%, growing at the fastest pace.

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