Fintech in France
The term Fintech is used to describe the start-up innovative companies operating in the financial sector, which provide modern technology solutions to financial services companies. Over the last few years, the Fintech industry has known a real economic boom in France. French people's enthusiasm for financial technology is expected to keep growing in the coming years, notably because of its digital payment services.
Digital payment have become increasingly mainstream in France, as more and more users are taking advantage of the conveniences of this type of payment. Mobile payments, credit cards and other type of digital payment methods represent the biggest segment of Fintech in France in terms of transaction value.