25 November 2021: Today TradeBridge announced that its French subsidiary has successfully been awarded regulated finance company status by France’s bank regulator, the French Prudential Supervision and Resolution Authority (ACPR).
“This milestone allows us to roll out our flexible working capital solutions to the French market immediately. Our economy is growing strongly, and we are meeting many exceptional French companies adapting in innovative ways to new business paradigms. That is the growth we are here to support, and we are seeing tremendous interest in our offering.”
Stephanie Frackowiak, President, TradeBridge France
TradeBridge is one of only 7 companies to have been awarded this status by the French regulators in the past 4 years.
"This is a significant milestone. Navigating regulatory approval is a challenging task, and I’m tremendously proud of the work done by our Paris team. In an economy dominated by traditional lenders, French clients need a digital-native finance partner who can provide finance that is fit for a faster moving world. TradeBridge will be working harder than ever to be that partner”
Mark Coxhead, CEO TradeBridge
To read the full press release click here.