26 February 2018
visit www.ebaday.com

BNP Paribas to become startup bank for Parisian version of Silicon Valley

10 May 2017  |  7623 views  |  0 Eifel tower

BNP Paribas is to locate its Plug and Play accelerator at Parisian startup campus Station F as part of a partnership programme that will see the bank become a first port of call to meet the financing needs of emerging technology firms at the site.

Established in Paris’ 13th district, Station F has the space to accommodate up to 1000 startups, providing a rich ecosystem for emerging tech firms to collaborate and share experiences.

BNP Paribas in partnership with Silicon Valley's Plug and Play is currently on the hunt for an initial batch of ten startups to join its three-month programme, which will be run twice yearly and include all the usual accelerator benefits of mentorship, business development and fundraising opportunities.

Saeed Amidi founder and CEO of Plug and Play, says of Station F: “I believe it will become the hot spot of all startups and all corporate innovation, not only for Paris and France, but for Europe as a whole. It will be a great pleasure to connect Station F to Plug and Play’s HQ in Silicon Valley where we have been helping, accelerating and investing in startups for more than 10 years."

As well as locating its accelerator at the campus, BNP Paribas will also become a reference bank for the startups and digital workers at Station F, covering requirements ranging from day-to-day financial management needs all the way through to corporate finance arrangements provided by Group subsidiaries specialising in IPOs and equity capital deals.

Marie Claire Capobianco, head of BNP Paribas French retail banking, says: ‟We currently provide over 2,000 company clients with tailored support under this specialised startup-oriented approach, which is unique in France. BNP Paribas is also able to offer the Hello bank! service range to the digital workers at Station F. So all the companies at Station F, plus their employees, will have immediate access to a specialised banking partner.”

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

BNP Paribas signs global Snapchat deal

BNP Paribas signs global Snapchat deal

03 May 2017  |  10428 views  |  0 comments | 20 tweets | 27 linkedin
BNP Paribas to acquire 95% stake in French neo bank Compte-Nickel

BNP Paribas to acquire 95% stake in French neo bank Compte-Nickel

04 April 2017  |  12037 views  |  0 comments | 23 tweets | 22 linkedin
CaixaBank to open payment innovation hub with global partners

CaixaBank to open payment innovation hub with global partners

30 March 2017  |  10041 views  |  0 comments | 17 tweets | 18 linkedin
BNP Paribas whittles down startup field for second annual accelerator

BNP Paribas whittles down startup field for second annual accelerator

20 March 2017  |  5028 views  |  0 comments | 6 tweets | 6 linkedin
BNP Paribas builds a bridge to Silicon Valley

BNP Paribas builds a bridge to Silicon Valley

10 February 2017  |  6919 views  |  0 comments | 20 tweets | 13 linkedin
BNP Paribas to double digital spending to EUR3 billion

BNP Paribas to double digital spending to EUR3 billion

07 February 2017  |  9838 views  |  0 comments | 23 tweets | 28 linkedin
BNP Paribas takes stake in AI-based compliance startup

BNP Paribas takes stake in AI-based compliance startup

30 January 2017  |  11136 views  |  0 comments | 16 tweets | 16 linkedin
BNP Paribas to develop prototypes with nine hackathon finalists

BNP Paribas to develop prototypes with nine hackathon finalists

09 December 2016  |  10773 views  |  0 comments | 12 tweets | 16 linkedin
BNP Paribas takes stake in accelerator graduate PayCar

BNP Paribas takes stake in accelerator graduate PayCar

30 November 2016  |  6228 views  |  0 comments | 4 tweets | 5 linkedin
BNP Paribs opens up to startups

BNP Paribs opens up to startups

18 November 2016  |  8168 views  |  0 comments | 14 tweets | 15 linkedin
BNP Paribas extends crowdfunding blockchain programme

BNP Paribas extends crowdfunding blockchain programme

19 September 2016  |  12139 views  |  0 comments | 15 tweets | 15 linkedin
BNP Paribas open New York Innovation Zone

BNP Paribas open New York Innovation Zone

09 September 2016  |  8680 views  |  0 comments | 10 tweets | 10 linkedin
BNP Paribas apoints custody and clearing head to lead new innovation lab

BNP Paribas apoints custody and clearing head to lead new innovation lab

22 June 2016  |  7422 views  |  0 comments | 9 tweets | 9 linkedin
French firms to build post-trade blockchain infrastructure for SMEs

French firms to build post-trade blockchain infrastructure for SMEs

21 June 2016  |  7963 views  |  0 comments | 12 tweets | 11 linkedin
BNP Paribas to broadcast hackathon on Periscope

BNP Paribas to broadcast hackathon on Periscope

16 June 2016  |  9867 views  |  0 comments | 8 tweets | 3 linkedin
BNP Paribas embraces Silicon Valley through Plug and Play partnership

BNP Paribas embraces Silicon Valley through Plug and Play partnership

08 April 2016  |  9785 views  |  0 comments | 12 tweets | 13 linkedin
BNP Paribas begins fintech accelerator programme

BNP Paribas begins fintech accelerator programme

24 March 2016  |  14663 views  |  0 comments | 31 tweets | 25 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comvisit www.ebaday.comvisit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
12856 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10969 views 4 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
9531 views comments | 15 tweets | 27 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8882 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
8818 views comments | 11 tweets | 14 linkedin

Featured job

Find your next job