France Newsletter Archive

VC firm Daphni announces its first $165 million fund

Paris-based VC firm Daphni is announcing its inaugural fund for seed and Series A investments. The team will manage a $165 million fund (€150 million) and try some new things when it comes to venture capital in Europe. On paper, Daphni looks like many other funds. A bunch of limited partners have given a big pile of money so that a team of tech-savvy people …

Payfit grabs $5.6 million to manage French payrolls

French startup Payfit wants to modernize the good old paychecks in France. After just a few months, the company just raised $5.6 million (€5 million) from Otium Venture and Xavier Niel. Payfit officially started in April 2016. And it looks like many companies were waiting for a product like this one given today’s funding round. Geoffroy Roux de Bézieux, Jean-Daniel Guyot, Oleg Tscheltzoff and TheFamily …

Lydia grabs $7.8 million for its peer-to-peer payment service

French startup Lydia raised $7.8 million (€7 million) from New Alpha AM and Oddo & Cie in order to expand to other European countries. The startup lets you easily pay back your friends without any fee using a mobile app — among other things. Think about it as a sort of Venmo for France. While Lydia has only been available in France, with today’s funding …

StarOfService raises $10 million for its service marketplace

French startup StarOfService just raised another $10 million for its European Thumbtack alternative. Andrea Piccioni and Silvio Pagliani, ENERN Investments and Point Nine Capital participated in today’s round, as well as various business angels. When I first covered StarOfService, the company didn’t even try to hide from me that it was a Thumbtack copycat. The main difference is that Thumbtack is still only available in …

Lydia launches a good old plastic card to go beyond the peer-to-peer payment space

French startup Lydia is launching a card so that you can spend your Lydia balance in every retailer that accepts MasterCard. You can trigger a lot of features in the app. In other words, you remain in control of your card, and not your bank. Lydia started off as a peer-to-peer payment app so that you can pay back your friends using your phone — …

Fleex now lets you learn English by streaming Netflix shows

When I first covered Fleex, it was a neat little video player that let you learn English using your favorite movies or TV shows. Since then, Reverso has acqu-hired the team behind Fleex and now plans to relaunch the language learning platform with a new killer feature — Netflix shows. Maybe I’m biased because it’s basically how I learned English, but I think watching all …