Tagged: credit agricole

Credit Agricole Acquires Pledg, a BNPL Provider

Crédit Agricole Consumer Finance has announced the acquisition of Pledg, a provider of buy now pay later (BNPL) services. Terms of the deal were not revealed. Pledg was founded in 2016 aiming to serve companies operating in B2C/B2B and financial institutions wishing to launch their own… Read More

France: Credit Agricole, Santander-Owned CACEIS Registers as Digital Asset Custody Services Provider

CACEIS, the asset servicing unit that’s owned by Credit Agricole (ACA.PA) and Santander (NYSE: SAN), has reportedly registered with France’s markets regulator AMF in order to offer digital asset custody services (including cryptocurrencies). The firm has registered as a digital asset service provider (DASP) on… Read More

Fisker Signs MOU with Crédit Agricole to Supply EV SUVs

Electric car manufacturer Fisker Inc. (NYSE: FSR) has signed a Memorandum of Understanding with Crédit Agricole Consumer Finance, to possibly supply Fisker Ocean SUVs. While the MOU is nonbinding the intent is to offer the Fisker SUV to select private banking clients and employees beginning… Read More

France-based Cooperative Crédit Agricole Acquires a Majority Stake in Fintech firm Linxo

France-based cooperative Crédit Agricole has reportedly acquired a majority stake in Fintech firm Linxo, which serves as a payment aggregation and initiation service. Established in 2010 and headquartered in Aix-en-Provence, Linxo offers account aggregation, payment initiation and personal finance management services through a robust technology… Read More

Disrupting Account Receivables Financing in France

Managing short-term cash needs is one of the top challenges faced by SMEs everywhere in the world. However, the problem is more acute in some regions than in others. A European Payment Directive that came into force three years ago tried to tackle the issue,… Read More

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