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Country: France

French fintech

Application that helps individuals invest their money

News

Cashbee refinances its mobile savings app to become profitable in 2026 03/09/2024

  • A pioneer in mobile savings in France, Cashbee's application, which simplifies the day-to-day management of assets and cash flow from a smartphone, has won the trust of 10,000 individual customers and 2,000 businesses in the space of five years.
  • this summer, the Paris-based fintech bailed out its own funds to the tune of 7.5 million euros.
  • This is the third operation since its creation in 2018 - 1.1 million in 2019 and 5.5 million in 2022.
  • Mutuelle d'Ivry-La Fraternelle (MIF) took a majority stake.
  • cashbee employs 23 people.
  • Its remuneration model is based on the level of outstandings, which to date stand at 400 million, of which 60% for individuals and 40% for businesses.
  • Its retail offering includes a passbook account launched in partnership with CFCAL-Crédit Mutuel Arkéa, paying 4% for the first two months, then 2.5%.
  • Thanks to its alliance with Generali, concluded in 2020, the fintech now offers a range of life insurance products with discretionary management and themes (climate, inclusion, technology, etc.)
  • Fintechs capture less than 1% of the French savings market

Studies mentioning this company

The wealth management market - France

Other companies mentioned:

  • Amundi
  • HSBC Private Bank
  • Société Générale Private Banking
  • Natixis Wealth Management
  • Milleis Banque
  • Pictet
  • Primonial
  • Astoria Groupe
  • Cyrus Conseil
  • Compagnie Financière Richelieu
  • Ethenea
  • Cholet-Dupont
  • Magnacarta
  • Althos-Patrimoine
  • K&P Finance
  • Experts en Patrimoine
  • Lonlay & Associés
  • Nalo
  • Yomoni
  • Grisbee
  • Finary
  • Epsor
  • Premium Groupe
  • Ageas France
  • BPI France
  • Scala Patrimoine
  • Shares
  • Thesaurus
  • Crystal Groupe
  • LFPI
  • Mandarine gestion
  • Oaktree Capital Management
  • Rothschild Martin Maurel
  • Lazard Frères Gestion
  • Meeschaert (LFPI Groupe)
  • Abeille Assurance (Aéma groupe)
  • Turenne Groupe
  • Siparex
  • Lucya
  • Oddo BHF
  • Equance
  • Patrimmofi
  • Cashbee