France news and trends

Spendesk Launches Payment Institution to Expand Spend Management Platform Capabilities
Spend Management // November 27, 2024

Spendesk launched a payment institution that enables it to offer payment solutions to its clients across France and the European Union. The new Spendesk Financial Services is regulated by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and includes a collaboration with Visa, Spendesk...

Two-Thirds of Digital Wallet Users in France Use Them for Everything but Payments
Mobile Wallets // November 22, 2024

Digital wallets are becoming essential tools for French consumers, especially as the country embraces the convenience of mobile payment solutions. In the past year, 38% of consumers in France made online purchases using their digital wallets, and younger generations, particularly Generation Z, are leading the...

Jump Raises $12.2 Million to Grow Platform for French Freelancers
Investments // September 23, 2024

Jump has raised 11 million euros (about $12.2 million) to grow its platform that provides French freelancers with some of the benefits associated with traditional jobs. These benefits include French CDI employment contracts, social protection, company health insurance and savings plans, Breega, which led the...

France Keeps Mobile Wallets Ready for Post-Olympic Events
Digital Payments // August 14, 2024

Consumers in France are embracing digital wallets for payments. For example, more than one-third (38%) use them for online shopping. Surprisingly, we find millennials in France are more likely to use these wallets for online shopping than Generation Z consumers. In fact, Gen Z is...

Interviews & Exclusives
France’s Gen Zers Top Digital Engagement Country Rankings

July 08, 2024
Although France checks in seventh — the first country below the median — in the recently released landmark report by PYMNTS Intelligence, “How the World Does Digital,” its Gen Z segment made a bold statement. French Gen Z users are the most active, with 464.8 activity days per month and about 15.5 activities per day […]

Could France Lead the EU’s Digital Comeback?  

May 27, 2024
After starting the year at a five-year low, France may be in a position to lead venture investment in the EU out of the dark ages. The country has emerged...

Wearables, Mobile Wallets Are Dream Combination for French Merchants

May 29, 2023
PYMNTS recently studied the digital transformation of 11 countries, discovering that France is a growth leader among the countries examined. Consumers in France are 10% more digitally engaged than one...

Open Banking Drives Instant, Large-Ticket Financing in Europe 

May 24, 2023
Buoyed by changing consumer habits in the wake of the pandemic, the buy now, pay later (BNPL) financing model has exploded in recent years, with more and more consumers and...

Quick Reads
Spendesk Launches Payment Institution to Expand Spend Management Platform Capabilities

November 27, 2024
Spendesk launched a payment institution that enables it to offer payment solutions to its clients across France and the European Union. The new Spendesk Financial Services is regulated by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and includes a collaboration with Visa, Spendesk said in a Tuesday (Nov. 26) press release. The payment […]

Jump Raises $12.2 Million to Grow Platform for French Freelancers

September 23, 2024
Jump has raised 11 million euros (about $12.2 million) to grow its platform that provides French freelancers with some of the benefits associated with traditional jobs. These benefits include French...

Scammers Target Olympic Venue With Ransomware Attack

August 06, 2024
French police are reportedly investigating a ransomware attack at a Paris Olympic venue. The attack, the subject of a Tuesday (Aug. 6) report by Reuters, is the latest such incident tied to...

France Suffers Attack on Broadband Services Amid Olympic Games

July 29, 2024
Amid a worldwide data breach surge, France is dealing with an older-school type of cyberattack. As Bloomberg News reported Monday (July 29), vandals have cut several fiber optic cables carrying...