Fintech firms charmed by Macron but not ready yet to leave London for Paris
A recent Deloitte study ranks Paris 29th among global fintech hubs, and only seventh in Europe
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FRANCE'S fast-growing fintech sector is optimistic that the country's dynamic new president will push it up the global rankings. But startups based in London do not yet seem ready to swap that key hub for Paris, even if they have French roots.
The nascent industry, ranging from mobile payment apps to "cryptocurrencies" such as bitcoin, is seen by governments and businesses alike as crucial to the future of financial services and of vital importance, therefore, to economic growth.
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