Partech Ventures closes new €400 million venture fund

US/European VC firm Partech Ventures has closed its seventh venture fund at €400 million. The Partech International Ventures VII fund was oversubscribed and consists of 30 new and previous investors from Europe and the US. The fund will invest in Series A and B rounds. Some of its investments so far include European startups like […]

BNP Paribas acquires majority stake in France’s Compte-Nickel

BNP Paribas has purchased a majority stake in French fintech startup Compte-Nickel. The bank has acquired 95% of the startup’s shares. The company was founded in 2010 by Financière des Paiements Électroniques (FPE) and provides alternative electronic banking services. No terms were officially disclosed but Le Monde is reporting the deal is worth €200 million. […]