Digital transformation is a revolution in uses and technologies that concerns all financial professions and activities, and players of all sizes: new distribution and investment channels (online financial services, crowdfunding and crowdlending...); payment systems and methods; data processing (big data, blockchain...); new portfolio allocation tools (robo-advisors...); InsurTech (connected medicine, artificial intelligence...).

A source of entrepreneurial and managerial challenges, this financial revolution is above all a source of opportunities for our country.

Created at the initiative of Paris Europlace in 2008, the Finance Innovation cluster leads and develops the fintech ecosystem in France.

It is the place where innovative projects are accredited. Throughout the year, Finance Innovation organizes key events in the world of fintechs and financial innovation.

The Paris financial center can capitalize on its trump cards: financial mathematics, excellent training and research in finance, supported in particular by the Institut Louis Bachelier, created at the initiative of Paris Europlace in 2008.

It is also mobilizing the entire digital ecosystem, in particular through two levers: synergies between start-ups and industrial or financial groups (access to key accounts, supplier risk-sharing mechanisms, commercial partnerships, corporate venture funds, support programs for young managers like those set up by Enternext, etc.).); international promotion, in particular through roadshows in major foreign financial centers; local events, with VivaTech 2023 becoming the world's leading technology event in terms of visitor numbers, illustrating the mobilization of major French groups and the dynamism of the country's start-up ecosystem.

To meet this challenge, the Paris financial center has effective tools at its disposal, such as innovation capital, corporate venture and research tax credits.

France has become a major location for fund-raising in the fintech sector, with some of Europe's biggest "unicorns". Numerous tools are being mobilized to ensure that this momentum continues, such as the mobilization of institutional investors around the "Tibi initiative", which will have a second iteration in 2023.