A tale of 44 cities | Paris S e l f e v a u l a t i o n o f tH h eu hb u bi in nd i sc High Rankixa t ko e yr s a r e a Pariss Best workspace and accelerators Hub features Top FinTech companies Hub profile Technologies Compte Nickel, Lendix, FinexKap, SlimPay, Leetchi, HIPAY. C openh Big investors a Data analytics gG Partech Ventures, BpiFrance, BPCE Group, Credit Mutuel Arkea, XAnge Private Eeo Digital identity dnv ie nr bn Equity. um Cloud computing r ghe There are many Gn l o b a l F APIs it Cn accelerators but es n t r eu Success stories 2p P9p none dedicated Banking-as-a-service aro solely for FinTech. In less than three years since its launch HiPay has reached 2bn Euros of ir st transactions processed. The company has global coverage, with 60% of its activity Innovation areas outside its domestic market. It is the only FinTech in France to be publicly listed on n o the market.. i t Osa Insurance lov o n E-commerce n I Leetchi has become a key payment player in Europe in just a few years. Recently lIn axn Cyber security be odo the most digital French bank, Crédit Mutuel Arkea, invested €50m in Leetchi to Gln8INDEX SCOREv France has comprehensive regulations with respect to FinTech, with I1a Robo advisors t take 86% of the capital. The founding team is still fully in charge of leading the Luxembourg Cityi o Fraud detection and clearly defined rules for companies looking to scale up. FinTech has c n development of the company. A true example of co-opetition between a bank strong governmental and ministerial support. Moreover, Paris is home 76utlu mitigation and a FinTech. to a high concentration of financial institutions and asset managers. er Payments There is strong infrastructure established in payments, insurance and The future telecoms with large pools of talent available. Low Rank Challenges The market will continue to mature. We will start to see more companies beginning to scale up by shifting from B2C (Business to Consumer) to B2B (Business to 92B Limited exit opportunities Business) activities. There will also be greater partnerships developing between nisuD senioe Risk averse culture startups and banking and insurance institutions. sgrtis Fiscal uncertainty Reguxpe latto e ionity xim Pro Hub representative Paris FinTech Forums Foreomer CEO/Founderign star to cust Laurent NizritupsProximity Data to be updated in full report (Sibos, October 2017) 99

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