Business France London and the Department of Treasury and Economic Affairs of the French Embassy in the United Kingdom organised a webinar to showcase why British and Irish Fintech benefit from setting up an office in France.
The event was co-organised and moderated by CFTE, the Centre for Finance, Technology & Entrepreneurship, an online education platform for digital finance which recently launched in France with the support of Business France; and supported by two sponsors ORWL Avocats, a French law firm specialised in innovation, and Nord France Invest, the regional development agency of the Hauts-de-France region.
The online event had 106 registrations. After a keynote from Cédric O, Minister of State to the Digital transition, and H.E Catherine Colonna, Ambassador to the United Kingdom, two panels of experts composed of government officials, successful entrepreneurs, and players of the French ecosystem presented the following key arguments and advice:
A. Speed – finding the right balance between the preparation and the execution phase is key.
B. Market – you can only be competitive at a global scale by addressing a sizeable market such as the French one, a diverse financial hub with access to the European and francophone market (Luxembourg, Belgium, Switzerland).
C. Proximity – location and geographical proximity matter for your expansion.
D. Talents – you will find all the talents you need in France and be able to recruit them abroad with the French Tech Visa.
E. France has changed – it’s business-friendly, easier to open an office and language is no longer a barrier.
F. Support – don’t hesitate to reach out to Business France or other associations in France who will help you accelerate your project.