19 July 2021: The French office of fintech lender TradeBridge has been given the green light by the country’s financial regulator, the ACPR, to expand into the French market. TradeBridge will begin rolling out its services across France from September, once the final remaining conditions are lifted.
“We are delighted to have achieved this significant step
towards financial regulatory approval in France. The ACPR process is comprehensive and thorough, so we are very proud to be able
to move the business forward with this important accreditation.
The pandemic has accelerated the rate of change in many sectors and created a huge opportunity for entrepreneurial business leaders
to seize their moment and drive growth. These leaders are the people we will be talking to about our new approach to financing. Their businesses will be the growth engines of our economic recovery. The success we’ve enjoyed in other regions has proved that our technology, our partnership and our ability to
provide meaningful amounts of working capital, can make a massive difference to business growth."
Stephanie Frackowiak, President, TradeBridge France
TradeBridge uses intelligent profiling, based on dynamic assessments of whole-business data to release substantial working capital to help businesses seize opportunities.
"Everything we do is geared towards meeting the demands of a faster moving world. Our international expansion continues apace, and with this important development, we are now able to deliver a completely
new funding experience to the French market.
We have always had a strong French influence at the heart of our enterprise and the whole TradeBridge team are excited to be supporting
Stephanie and her growing team help entrepreneurially minded business leaders in France to seize their opportunity. “
Mark Coxhead, CEO of TradeBridge.
To read the full press release click here.