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Country: France

Fintech specializing in fractional payments

News

Crédit Agricole is set to acquire Pledg in the fractional payment sector. 15/02/2024

  • Pledg, a Paris-based start-up, was founded in 2016 and specializes in fractional payment solutions.
  • The type of credit offered by Pledg can increase the conversion rate of purchases by 20 to 30 points.
  • In 2023, Pledg credit represented 5 billion euros for France, or 10% of overall consumer credit production.
  • BNP Paribas bought its Floa subsidiary in 2021 for around 250 million euros.
  • Two years earlier, BPCE had acquired 50.1% of Oney Bank, a banking subsidiary of Auchan.
  • Pledg raised 15 million euros in 2021.
  • Pledg claims production of 220 million euros in 2023.
  • Pledg has over 200 commercial partners. The Pledg fintech employs 23 people.

Studies mentioning this company

The online payment market - France

Other companies mentioned:

  • Worldline
  • Stripe
  • Paypal
  • Groupement des cartes bancaires CB
  • Mastercard
  • Visa
  • Google Pay
  • Apple Pay
  • Alipay
  • Lydia
  • Crédit Agricole Groupe
  • Revolut
  • Lyra Networks
  • Nickel
  • Crédit Mutuel
  • Preludd Payment
  • RubyPayeur (Atradius Collections)
  • Gcollect
  • Orange Bank
  • Pledg (Credit Agricole)
  • Française des Jeux FDJ
  • Wero European Payments Initiative
  • Natixis Groupe BPCE
  • Shine Banque
The consumer credit market - France

Other companies mentioned:

  • Younited Credit
  • Société Générale
  • Cetelem
  • Crédit Agricole Consumer Finance
  • Carrefour Banque
  • RCI Bank (Groupe Renault)
  • Alma
  • Sofinco (Credit Agricole Consumer Finance)
  • Cafom
  • Aptimiz
  • Holosis
  • Damartex group
  • Azuvia
  • Sygma Banque (BNP Paribas)
  • My Money Bank (GE Capital)
  • CGI Finance
  • Créatis (Cofidis)
  • FLOA Bank (BNPParibas))
  • Oney
  • CFCAL (Crédit Foncier et Communal d'Alsace et de Lorraine)
  • Franfinance (Groupe Société Générale)
  • Pledg (Credit Agricole)
  • Cofidis France
The neobank market - France

Other companies mentioned:

  • Alma
  • Lydia
  • Nickel
  • Hello Bank !
  • Memo Bank
  • Qonto
  • Revolut
  • N-26
  • Bforbank
  • N26
  • Mangopay
  • Oney
  • Ibanfirst
  • Pledg (Credit Agricole)
  • Orange Bank