MorgenFund is the largest fund platform in Germany connecting investors, distributors, and fund providers. The fund platform administers more than €100 billion in assets.
The company has a unique positioning in the market by offering a full range of funds with a diversified business model, with B2C, B2B2C, B2B and BPO (Business Process Outsourcing) as distribution channels.
Grupo Concentra is the leading independent insurance distribution business in Spain. The Group intermediates +€125m premiums and employs nearly 250 FTEs offering multi-risk corporate and personal lines, specialty lines and wholesale solutions.
Since its foundation in 1997 Concentra embarked upon an acquisition strategy to add specialized insurance verticals to its product offering. To date, the company has acquired more than 10 companies and integrated more than 20 portfolios. BlackFin will support the management team with an active buy & build strategy to further consolidate the Spanish and Portuguese markets.
Groupe CIR was founded in 1988 as a renovation works company, which expanded into real estate investment products. Headquartered in Bordeaux in south-western France, with offices in Paris, the group is comprised of c.125 employees. It operates 3 business lines: CIR, Urban Premium, and Agarim, each with distinct and complementary product offerings.
CIR offers to retail investors direct yield investments in renovated heritage buildings in prime city centres. CIR has developed a unique expertise in sourcing assets with high potential in city centres, transforming then packaging them into financial products, some of them eligible for tax incentives. Products are distributed through a network of c.800 partners (bank networks and IFAs). CIR markets c.1,250 products per year.
Urban Premium is an asset management company founded in 2010 and regulated by the AMF. Urban Premium manages assets through c.15 retail investment vehicles (SCPI) – primarily invested in renovated residential assets, and eligible for tax incentives. Urban Premium launched in 2020 an SCPI investing in COVID-proof commercial real estate. Urban Premium distributes its SCPIs through banking networks and IFAs.
Agarim offers bare ownership (capitalization) investment products to retail and institutional investors. Agarim was acquired by Groupe CIR in 2019.
Groupe CIR’s unique positioning across the value chain – from sourcing to distribution – and the breadth of its product range allow it to optimize its product mix in order to meet demand.
Blauwtrust Groep connects the housing related supply and demand for residential mortgage funding in the Netherlands through its entities De Hypotheker, Dutch Mortgage Portfolio Management DMPM, Conneqt, and Quion. With 35 years of experience and over 800 employees, the Blauwtrust Groep has built up a solid position in the Dutch residential mortgage market by providing investors, intermediaries and consumers with high quality products and services.
Mooncard offers corporate payment solutions to SMEs, large corporates, and public organizations using corporate credit cards and an expense control and management software which integrates with accounting software. The product mix ranges from a premium card insured by Allianz that earns Flying Blue Miles to a simple fuel card which integrates seamless recovery of deductible VAT. Mooncard provides its customers with an expense management software which automatically integrates with the customer’s accounting system and allows for a fine-tuned control of the cards (when and where it can be used, and by whom).
Founded in 2018, Hawk AI’s product offering is a hybrid platform enabling compliance officers at regulated entities (payment institutions and banks) to be more efficient in detecting money laundering cases and filing them with the regulator. The platform is entirely cloud-based and can be deployed in a matter of days for fintech clients up to within a month for larger clients.
The platform itself includes:
• Business rules already being used by compliance officers (sometimes complemented by Hawk)
• Artificial Intelligence algorithms that both detect new money laundering patterns uncovered by existing rules and drive down false positives so that compliance officers are not diverted from the real cases.
• An automated workflow management tool supporting compliance officers in establishing more efficiently Suspicious Activity Reports (SAR) which need to be filed with the regulator.
Founded in 2018, Tesseract’s is a platform enabling lending and borrowing of both crypto and traditional currencies. The team has developed an elegant way to provide its services through a highly automated and embedded platform, saving time for its clients.
The company focuses exclusively on institutional clients, working with:
CAFPI is one of the largest mortgage brokers in France. Founded in 1971, CAFPI has progressively expanded its services offering to include borrowers’ insurance, debt consolidation, and SME loans. The group’s network is composed of 1000 salespeople active in 240 branches.
Founded in 2016 as a carve-out from Aberdeen Standard, Fokus AM is an independent full-service real estate investment and asset manager in Denmark serving domestic and foreign institutional investors. Based in Copenhagen, Fokus AM manages a portfolio of more than 110 properties, primarily offices, currently valued at €2.8bn.
Fokus AM employs over 50 full-time employees and is regulated by the Danish FSA.
GFP is the leading specialist in both collective and personal health insurance contract administration in France.
GFP is the preferred BPO partner for all the major insurance, mutual insurance and large corporations in France. The company acts on their behalf, as their delegate, to collect premiums (from companies in case of collective health insurance contracts, from individuals in case of personal health insurance contracts), settle health reimbursements and address the day-to-day enquiries of the insured persons.
GFP is in charge of administrating the contracts of over 1.8m insured persons in France and employs more than 500 people.
Aestiam, foremerly Foncia Pierre Gestion, is a real estate fund management company established in 1964. Aestiam manages 5 real estate funds (known as « Sociétés Civiles de Placement Immobilier » or « SCPI funds ») with combined assets under management of EUR 1.2bn.
The SCPI are invested in rented corporate real estate assets (e.g. offices, hotels and commercial real estate). Aestiam is responsible for raising funds, acquiring assets, and managing the portfolio of properties of around 500 buildings mainly located in France, on behalf of its SCPI funds. The Company employs c.30 people and is based in Paris.
Bonnfinanz is a leading German financial advisor platform founded in 1970. Through its network of c. 500 independent agents across Germany, Bonnfinanz distributes a broad range of insurance, investment, saving, and financing products to more than 450,000 customers, mainly retail clients.
As the oldest “Allfinanz” network in Germany, Bonnfinanz is recognized for its ability to offer objective and high-end advice as well as for the quality of its long standing partnerships with product providers.
The company is headquartered in Bonn and employs around 40 people in Germany.
CED is a leading full-service insurance claims management provider founded in 1971 and headquartered near Rotterdam. CED offers a full range of services such as assistance, claims handing, loss adjustment and repair.
CED is active in 12 countries, primarily in the Netherlands, France, Belgium and Spain with 2500 employees and a customer base of more than 1000 clients. Under BlackFin’s ownership CED more than doubled in size to €250m in revenues, transforming from a mutualized cost center owned by a consortium of 46 insurers and brokers into the leading pan-European tech-enabled insurance services and solutions platform.
The Group Nortia is a distribution platform dedicated to independent financial advisors (500+ IFAs) offering life insurance products, other wealth management products and securities accounts to mass affluent individuals (30.000+ end-customers). Founded in 1994, the Group employs c.200 people in Lille (headquarters), Paris and London.
The Group is recognized for its ability to create innovative and high-end products as well as for the quality of their back and middle-office services to support IFAs. In 2008, the group benefited from the opportunity to expand its activity to the asset management, through the acquisition of Haas Gestion.
In 2018, the Group acquired Sélection 1818 and APREP strengthening its position in the life insurance and securities accounts segments and becoming the leading distribution platform for financial advisers in France.
Buckaroo is a Dutch full-service Payment Service Provider founded in 2005 in Utrecht, Netherlands.
Buckaroo’s main focus is on the e-commerce and online market with a diversified customer base made of 4,100 merchants across a wide range of industries. Buckaroo acts as payment gateway and, depending on the payment schemes, also as collector for its merchants. It is a licensed Payment Institution regulated by the DNB and is able to operate across Europe.
Finvens is a leader credit consolidation brokerage in France. Its activities consist of consolidating consumer loans and mortgages for retail clients and refinancing them with banks in order to reduce monthly repayments, typically by extending duration. Finvens was founded in 2000 by Eric Rouaix and is headquartered in Toulouse.
The company has two complementary acquisition channels: online and retail bank networks. Finvens also has strong relationships with specialized credit institutions to refinance loans. As an « Intermédiaire en Opérations de Banque et en Services de Paiement » (“IOBSP”), Finvens is regulated by the Autorité de Contrôle Prudentiel et de Résolution (“ACPR”).
With c. € 25 Bn AuM, FundRock is the largest independent investment fund management company (3rd party ManCo) in Luxembourg, providing risk and compliance services for UCITS and AIFs funds. The company has a well-diversified client base including a large proportion of Tier 1 asset managers and banks, mainly in the US, the UK and Asia.
FundRock provides Funds with the necessary substance in terms of infrastructure, resources and minimum required capital and monitors the fund’s core service providers: investment manager, central administrator, global distributor and transfer agent. It supports the funds distribution in 24 countries, 18 of which are European.
The company is regulated by the Commission de Surveillance du Secteur Financier (“CSSF”).
Founded in 2001 by Alexis Sikorsky, New Access provides agile and scalable Front-to-Back software solutions dedicated to the private banking and wealth management industries.
New Access software solutions are designed to meet the specific requirements of the private banking and wealth management industries. In a complex and changing regulatory environment, the company helps bankers connect conveniently and efficiently with their clients anytime and anywhere they need.
The company is present on a global scale with offices in Switzerland (headquarters), Singapore, the USA, Brazil, Tunisia, Luxembourg and UK.
Located in France, Santiane Group is an insurance firm specializing in health insurance brokerage for individuals and companies. The Group relies on two core activities : direct-to-customer insurance brokerage – through Santiane.fr – and insurance wholesale – with Néoliane.
In less than nine years, Santiane Group has become the largest health insurance broker in France. The company is located in Paris and Nice and employs about 240 people.
TUUM has developed an elegant core banking stack, offering a broad range of banking modules including consumer finance, personal finance management, risk management, financial reporting and payment cards. The “TUUM” allows banks to replace their legacy system or build on their core; any other business to quickly run and deploy financial products for their customers. API-first, TUUM’s platform supports natively third-party integration, covering adjacent services from onboarding to compliance.
Bdeo developed unique Ai based tools thanks to 30+ million data points across car and property products. With customers in many geographies they managed to train algorithms with strong accuracy, easily integrated into insurers’ processes thanks to a modular approach
Hypatos has built a Natural Language Understanding engine that can read semi-structured documents (i.e.: invoices, receipts, medical prescriptions, payslips or bank statements among others). This approached serves as the basis of what is known today as Cognitive Robotic Process Automation, which enables the straight-through processing of these documents in various backoffice processes large companies. From accounts payable in any industry to mortgage loan issuance or insurance claims, many sectors are still burdened by error-prone manual work that state-of-the-art artificial intelligence powered by Hypatos is now able to automate.
Memo Bank is the first French bank to obtain its license in 50 years. This enables Memo to provide the full spectrum of banking products to its target clients: small and medium businesses. Having built its entire technology stack from the ground up, clients are able to benefit from a modern banking experience and enjoy the security of being served by a regulated entity.
Akur8 is an insurtech specialized in insurance pricing optimization using AI, aiming to address the insurance industry’s issue of ever-increasing pressure to find a way to offer quick and appropriate prices for retail and commercial insurance customers. Its platform can build risk models more than ten times faster than the traditional manual process, reducing the pricing time to market to hours rather than weeks.
Debt collection automation – Platform for SMEs to automate dunning and to significantly improve the collection rate of overdue invoices. Thanks to Likvido, SMEs can stop wasting their time chasing after clients and set up personalized campaigns to ensure that cash, their lifeblood, flows to their account on time.
Agicap has designed a hassle-free and intuitive tool for entrepreneurs to monitor closely their daily cash position. The number one reason why small companies fail is because they run out of cash. Well, this is a tool designed for CEOs to steer their company away from any lack of liquidity in order to build a robust business.
Epsor offers employee savings plans to small and medium-sized companies in France. Leveraging the new local regulatory provisions, Epsor’s user friendly investment experience together with the wide range of products available on the platform is expected to be a serious game-changer enabling employees to build their wealth over time.
Viabill is an alternative payment provider enabling merchants to offer their customers a ‘try-before-you-buy’ solution seamlessly embedded in their checkout process. If they want, customers can choose to go for a payment in several instalments. This is a win-win for both sides: customers are satisfied because they get the product they want on flexible and transparent payment terms and e-merchants are increase both their basket size and conversion rate.
Descartes Underwriting is a Managing General Agency that leverages many new sources of data to build new insurance products covering large risks such as flooding, wildfires, droughts and other large-scale events that can adversely affect the course of business for companies worldwide. The contract provides for an automated claims payout workflow, thus reducing insurers’ claims handling costs.
Pretto is a fully-digital mortgage broker that has a simple and intuitive workflow as well as an innovative business model thereby providing its customers a smooth experience when taking out a mortgage. In other words: home buyers can find the best rate for their mortgage directly from their couch, all steps take place online and Pretto negotiates on their behalf to get the best deal from the banks. As Pretto earns a fee from the bank, the service is entirely free for home buyers.
FRISS is the European market leader in analytics software for fraud, risk and compliance for P&C insurers. Its award-winning platform delivers a reliable risk indication, the FRISS Score, to over 130 insurers across 26 countries. Based on AI and machine learning techniques, the FRISS Score indicates the risk for each quotation, policy or claim, increasing straight through processing (STP) and supporting digitization. FRISS aims to make this score the global standard for honest insurance – sincere customers would no longer have to pay the consequences of the opportunistic or criminal behavior of others.
Primonial Group is the leading French independent investment manager. Managed by André Camo, the group specializes in all aspects of wealth management, selects, combines and distributes comprehensive solutions to wealth managers and their clients. Its main business segments include residential property and real estate funds, life insurance and annuities, structured products and asset management.
Founded in 2005 in Paris on the basis of JP Morgan’s French retail activities, the group nows employs 550 people.
AMfine is a provider of regulatory software created by Michael Priem in 2006.
AMfine’s software solutions enable asset management companies to automate the production, the control and the distribution of regulatory, tax and financial reports, such as KIID (Key Investor Information Document), fund prospectus, management reports, as well as AIFM and FATCA reports. AMfine offers a large range of software solutions to address these needs, under the brands AMfine Prospectus, AMfine Report and AMfine Price.
AMfine employs about forty people in Paris and in Luxembourg.
Founded in 1970, LSA is a leading French online insurance broker, distributing niche motor insurance products with a particular focus on “non-standard” risks (i.e. young and defaulting drivers among others). Assurpeople.com has been launched in 2007 as the online platform of the LSA Group.
Assurpeople covers the whole value chain for online insurance products including distribution, contract management and claims, both for its own account and for third party clients thanks to a state of the art and proprietary IT platform.
The company currently employs more than 120 people and manages approximatively 90.000 contracts on behalf of some of the biggest insurance companies operating in France.
NeoXam is a leading provider of investment accounting, investment management and data management software solutions. Its customers base is made of large and medium asset management firms, investment banks, institutional investors and securities services providers.
NeoXam was created in 2014 following the carve out of two software programs, GP3 and Decalog, from SunGard, realized by BlackFin and the management. In 2015, NeoXam acquired Smartco to reinforce its data management offering.
Headquartered in France, NeoXam has a strong presence in Continental Europe, China, South Africa, and in the US.
Finanzen.de is the leading European online marketplace for retail customer leads in the finance and insurance sector.
The company connects lead generators such as online price comparison sites with lead buyers such as independent financial advisers and insurance companies. More than 800,000 leads are annually traded via its proprietary and industry leading technology platform, using real time auctions and real time lead delivery. The company also acts as online broker for P&C insurance products. Thanks to its scalable business model, finanzen.de is ideally positioned to benefit from the digital shift occurring in the European insurance and banking space and to capture the significant market potential ahead.
Cyrus Conseil is a leading independent wealth manager providing advisory services, asset management and real estate investment solutions with nearly €3.0b Assets under Advisory and more than 7 300 clients. The Group provides customizes consulting services and investment solutions to high net worth clients (entrepreneurs, senior executives, wealthy families), in accordance with their strategy.
Life insurance products giving access to a selection of funds and asset managers in France and abroad.
Structured products specifically designed for Cyrus Conseil by specialised external partners.
A wide range of real estate investment solutions slected by the group’s specialists.
6Sicuro, merged to Chiarezza in July 2018, is an Italian online aggregator specialized on the insurance and energy sectors. The website is directly linked to insurers’ pricing software, and displays their quotes directly sorted by price and characteristics depending on the requests of Internet users. 6Sicuro then enables Internet users to subscribe online insurance policies via the insurers’ website or by phone via their call centres.
6Sicuro is the 3rd Italian insurance aggregators. The market is a fast-growing, stimulated by the development of direct insurers and the increase in market share of the Internet channel in direct insurers’ customer acquisition.
Comparadise is a French online agreggator specialized on the financial products.
Comparadise offers free online services that enable Internet users to compare a wide range of insurance and credit quotes for individuals and SME. The aggregators are directly connected to insurers and banks’ softwares that price premiums, and display real-time contracts, sorted by price and characteristics. Internet users can then purchase insurance policies online or by phone via call centres of insurers or credit institutions.
Comparadise is a group of financial services comparison sites, including MisterAssur, Mutuelle Conseil, HyperAssur, KelAssur and Kredity:
MisterAssur, KelAssur and HyperAssur are generalist insurance aggregators offering auto, motorcycle, pets and health insurance quotes to Internet users, as well as niche products.
Mutuelle Conseil is an online aggregator specialized in individual and collective health insurance.
Kredity is an online aggregator specialized in consumer credit, debt restructuring and online banking.
Kepler Cheuvreux is the leading independant brokerage house specialized in the primary and secondary European stocks and bonds markets, resulting from the merger of Kepler Capital Markets and Cheuvreux in April 2013.
The business model:
An Independent broker: Kepler Cheuvreux is not a subsidiary of any financial institutions and has no proprietary trading activity
A Pan-European broker: Kepler Cheuvreux has subsidiaries in 10 European countries
A high quality research analysis offer: Kepler Cheuvreux covers more than 700 European companies
The company has a strong entrepreneurial culture, both management team and employees are shareholders. The management team is skilled, experienced and has successfully built strong relationships with institutional investors.
Kepler Cheuvreux benefits from strategic partnerships with CA-CIB, UniCredit and Rabobank and is recognized as the alternative to global players.
YouTransactor is a French digital merchant service provider, designer of the uCube, a fully certified mPOS device, and the uCube 100, a professional smartphone certified for payments. These payment terminals are integrated into uCloud, an end-to-end turnkey solution for merchants to accept customer-present banking card payments. YT thrives on offering sophisticated and affordable payment acceptance solutions integrated in third-parties business applications. Headquartered in Paris, France, YouTransactor is one of the world’s major supplier of Chip & PIN mPOS terminals and employs 35 people.
Applicam is a specialist in multi-service card systems. It assists businesses and local authorities with tailor-made e-money solutions. Applicam boasts unique expertise in designing and using e-money solutions, spanning a variety of services and media. Over the last five years, Applicam has considerably enhanced its service offering by developing an innovative, multi-service e-money platform that is compatible with a variety of media (paper, card, mobile) and channels (paper, web, mobile). As a result, it is now a leader in managing funding and subsidies for local authorities, fuel cards in Africa and for local authorities with its various platforms, such as, for example, access management for sports and leisure centres.
Moneo Resto is the first offer of electronic meal vouchers on a credit card launched in France. It has a portfolio of around 1,500 corporate clients, of which 90% are SMEs, for a total of 65,000 employee users.
Owliance is a leading independent outsourcing platform, focusing on health and general insurance with onshore and near-shore platforms. The group operates on behalf of a variety of clients encompassing insurance companies, mutual health insurance providers, employee benefits institutions and insurance brokers.
The company is specialized in Insurance Business Process Outsourcing (BPO) (premium collection, reimbursement of medical expenses, customer services), ITO (licensing, Software as a Service and Project management.
Historically specialist on health insurance BPO, Owliance has widened its platform and entered 2 key industries. The property and casualty (P&C) insurance industry with the acquisition of Telergos in 2011 and the health insurance industry with the acquisition of Mutua in 2013, a service provider with a strong footprint among mutual health insurance providers, which enabled it to expand into the collective health insurance market.