Leocare neoinsurance raises 15 million euros

Leocare neoinsurance raises 15 million euros

The start-up completes a financing round amounting to 20 million, including 15 million in equity. It is positioned on the primary needs of the French, the automobile and housing in mind, and claims 20,000 users. The world has changed, and that of insurance too. In any case on the consumer side, it seems more and more improbable, to protect their habitat or their vehicle, to pay an annual fee that does not take into account…

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FDJ, ADP…: how will the proceeds from privatization be used?

FDJ, ADP…: how will the proceeds from privatization be used?

The Innovation Council set up by the executive a year ago has validated five major themes on which the government wants to invest. These projects are the concrete expression of the Innovation Fund, which the executive wants to fuel with revenues from privatizations such as that of the Française des Jeux. With the privatization of the Française des Jeux (FDJ), which will go public on Thursday, the state hopes to collect nearly 2 billion euros….

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US unlisted giants caught up with poor market health

US unlisted giants caught up with poor market health

After KKR, Blackstone and Apollo, Carlyle closed the earnings ban for private equity heavyweights. Accounts are under pressure, but investor money continues to flow. Global private equity heavyweights have not escaped market shocks, with mixed financial results. But the double-digit performance of their funds has never attracted institutional investors so much. Like his peers, Carlyle, who closed the ban on unlisted giants’ results on Wednesday, posted a loss of $ 16 million in the last…

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Boursorama continues its conquest of customers at a rapid pace

Boursorama continues its conquest of customers at a rapid pace

Societe Generale’s online banking subsidiary now aims to reach 4.5 million customers by 2025, after having won over two million customers in five years. It plans to be profitable in 2024. This is the other pillar of Societe Generale’s strategy in retail banking. While the group seeks to rationalize its presence in physical networks by merging with Crédit du Nord and closing 600 branches, it continues to push the fires in online banking. Its subsidiary…

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Gohenry, the fintech for children strengthens with a French fund

Gohenry, the fintech for children strengthens with a French fund

The British start-up completes a fundraising of 40 million dollars to strengthen itself in the United States. It plans to set up in France around 2022 with the support of Gaia Capital Partners, its new French investor. Founded in the United Kingdom by an Englishman, Gohenry nevertheless has a tricolor coloring. The fintech, which has been led since 2015 by Frenchman Alex Zivoder and the Gaia Capital Partners fund, has just participated in its new…

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Executive stays on budget for 2019 thanks to good tax revenues

Executive stays on budget for 2019 thanks to good tax revenues

The amending finance bill presented on Thursday confirms the objective of a deficit of 3.1% of GDP this year. The executive saves less than expected, but compensates with dynamic tax revenues and lower debt costs. The High Council of Public Finances considers this objective “plausible”. A priori, nothing has changed on the horizon. The amending finance bill (PLFR) for 2019, which will be presented this Thursday by the government, resumes the forecasts put forward for…

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FinTech: the growth in fundraising is marking time with the crisis

FinTech: the growth in fundraising is marking time with the crisis

The amount of funds raised by French fintechs continued to climb this year, but at a slower pace. The number of deals declined as investors focused on companies with established business models, with larger tickets, while waiting for the crisis to end. Faced with the crisis, French fintech is holding up the shock, but is showing less dynamic growth than in recent years. This year, fundraising rose 4% in the sector, to reach 664 million…

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The delusional lifestyle of North Korean leader Kim Jong-un

The delusional lifestyle of North Korean leader Kim Jong-un

Since coming to power in 2012, North Korean leader Kim Jong-un and his entourage have reportedly spent nearly $ 4 billion on luxury goods. Among the more extravagant items, $ 1.4 billion in cars and $ 147 million in alcohol. Seeing Kim Jong-un moving around in his very luxurious black Rolls-Royce estimated at 400,000 euros, the international community saw red. The South Korean Conservative Freedom Party of Korea has decided to scrutinize available data from…

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Coronavirus: America wants to avoid disaster

Coronavirus: America wants to avoid disaster

A week after the “CARES Act”, at more than 2,000 billion dollars, Washington is already preparing another plan to combat the economic effects of the coronavirus: the American GDP could collapse by 34% in the second quarter. Forget the superlatives, the broken records, the comparisons with 1929, the 10 million new unemployed in two weeks. Forget… if you can. The problem with the US economy is not so much the extent of its downfall as…

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