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“Is Hidtimo a real bank?” French Fintech is one of the most offered questions in Google search at the start. There is no answer but may change: Arrangement He applied for a banking license in France, CEO Alexandre prot.
The European Freelancer and SMBs targeted by the targeted, currently worked in 2018, and it allowed him to introduce it Now the form of purchase, then pay (BNPL). However, the credit organization license will allow target customers to offer more wider credit, deposit and investment options.
Since the current license is valid in the EU, Himo has already entered several European market and has recently reached 600,000 customers. However, it is a hindrance to reach 2 million customers by 2030, without a credit license.
When offering a more comprehensive solution, compete with forced banks is not easy to get licensed and get credit. This explains that Helto’s SMB Fintech opponents approach this issue in different ways, and why did not play exactly.
Memo was the bank founded as a bank It offers to give credit from start and SMBs, but it makes it foreign. Finom works With the electronic cash organization (EMI) licenseHowever, this regulator began to test the loan species allowing the middle ground. Revolut has a Lithuanian license, but other than BNPL, it should still carry out credit options to enterprises This year plans to do this.
However, the marketing capacity of well-funded opponents working in both B2C and B2B, especially the French license of Revolut Turn Paris to Western Europe HQ.
To avoid reminding the opponents, Press said the time of the time was managed by the time of the time “2023 in 2023.”
The son of the former BNP Paribas President Baudouin protectionThe General Director of Harton thought clearly thought about continuing his credit license, and this is not just a guess. During the press briefing, a proteist, a proteist, confirmed that he strictly considered the thoughts at a point, but as a result, it will require a lot of time and additional funds.
It means that they have been affordable since 2023, which will not require more funding to the Harton now $ 552 million provided in 2022 In a $ 5 billion assessment. Protocol He recently said “The main or sole reason is why we can collect additional capital, large or very large M & A deals, mainly paid in cash.”
In the eight-year availability, the Hideo bought two: it seized In 2022, the German opponent received a Penta and the accounting and financial automation platform Regattas In 2024.
The latter is the reflection of a planting area such as Harton’s banking and integrated financial management solution, which is an offer for invoices and accounts.
This approach has helped grow in the B2B segment in Europe. The protection of the protection of 600,000 customers refused to provide a complete breakdown, but Germany has now been the largest market in France, he said. In the undefined procedure, Spain and Italy followed the next Markets entered in late 2024: Austria, Belgium, the Netherlands and Portugal.
Again, if not a protective organization of a protector, some customers work under the hypothesis that it will not choose to the hinto. Because it warrants them in addition to their deposits and if you already need a loan, because they want the choice.
Haso confirmed credit demand with the service fee later; Launched in 2024, due to the company (about $ 59 million), it made 50 million euros financing financed. However, with the current license of the proposal – both for its customers who can not borrow more than 12 months for the Himself and their capital and customers.
In order to help enter their customers into other loan types, the gatho also met “Funding Center” Including the third party’s Fintech partners Oppress, Carmen, River edgeand Silver. The prot said that the hinto plans to hold for at least a few years. And some of these proposals are more specific than the company wants to enter.
However, being a credit organization with its right is higher than deposits that can be used to give both loans from margin and loans. The protest refused to disclose income figures, but in the last year, the income has increased by 30%.
However, the protector said that additional income is not a key factor in the game. Aside from new customers, the hinto sees it as an opportunity to depend on others to others and activate new products faster. In the same vascular, the internal card processor set up to increase admission rates by reducing its trust in recent third parties.
With a team of 1,600 people, the HTITO hopes to have a bandwidth to work on new product developments such as new product developments and risks management groups such as AI effective Himto-exploration class.
The latter aims to demonstrate France’s training to the French supervisor, which is planned to work closely to get their license. The process may still take years, but recently has a broader “growing growing” effort for the hinto that adds several great profiles to a high-profile board. Although these steps remain a longer prospect, it can help you to prepare the ground for a future IPO.
