02.22.2018

BNP Launches FinTech Fund

02.22.2018

French banking giant has launched a new investment fund to support startups transforming financial services and insurance.

The new fund will be managed by BNP Paribas Capital Partners, an arm of BNP Asset Managment that specializes in selection and multi-management in the alternative investment field.

The fund will take direct minority stakes, on behalf of the various BNP Paribas’ businesses, in innovative startups that are reinventing financial services and insurance. Its objective is to support startups by operating in total alignment with entrepreneurs and investors toward success.

It also will make indirect investments through Venture Capital funds whose priorities in technologies (such as AI, data, blockchain, cybersecurity, and etc.), geographies and topics match those of the BNP Paribas’ businesses.

A number of strategic investments have been already made over the last year, including in Serena Data Venture, Viola Fintech, and Ventech China.

With the establishment of this new investment fund, BNP Paribas is stepping up its Open Innovation strategy. The fund implements a range of initiatives already launched with intention of fiving forward the Group’s policy of working closely with promising startups. It will, moreover, give the entrepreneurs involved a deeper understanding of the investment process and improve its efficiency.

“At BNP Paribas, we’re firmly convinced that Open Innovation is a powerful driver for the transformation that will help to build the bank of tomorrow and enable us to continue to provide our clients with high value-added products and services,” said Jacques d’Estais, BNP Paribas Group Deputy COO and Head of International Financial Services.

🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150

Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.

As the digital assets industry pushes toward

Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:

$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.

Load More

Related articles

  1. Innovation was not a word that banks used over the last couple of years, but it is back on the table.

  2. Daily Email Feature

    Innovating Liquidity Provision

    U.S. equity venues expand offerings to help market participants find the other side of their trades.

  3. Pensions Raise Ante on Alternatives
    Daily Email Feature

    Alternative Data Takes Hold

    There is demand to find better, higher quality information for sustainable finance.

  4. A more informed process leads to better rules.

  5. Borsa Italiana Focuses on Derivatives Innovation

    Membership builds on New York’s role as a fintech hub.