France Newsletter


Facebook France is going to pay $125 million (€106 million) in back taxes according to business magazine Capital — Facebook confirmed the agreement to both Capital and Reuters. French tax authorities raided Facebook’s offices in Paris in 2012 and later opened an investigation on unpaid taxes covering activities between 2009 and 2018. According to the […]

Facebook to pay $125 million in back taxes in France, ...


Meet PhotoRoom, a French startup that has been working on a utility photography mobile app. The concept is extremely simple, which is probably the reason why it has attracted a ton of downloads over the past few months. After selecting a photo, PhotoRoom removes the background from that photo and lets you select another background. […]

PhotoRoom automagically removes background from your photo



French startup Majelan is pivoting a year after launching a podcast player and service. The company, created by former Radio France CEO Mathieu Gallet and Arthur Perticoz, is ditching the podcast aggregation side of its business and focusing on premium audio content going forward. Like many podcast startups, Majelan has faced some criticisms shortly after […]

Podcast app Majelan pivots to premium audio content around personal ...


French startup Angell has signed a wide-ranging partnership with SEB, the French industrial company behind All-Clad, Krups, Moulinex, Rowenta, Tefal and others. As part of the deal, SEB will manufacture Angell’s electric bikes in a factory in Is-sur-Tille near Dijon, France. SEB’s investment arm, SEB Alliance, is also investing in Angell . The terms of […]

E-bike startup Angell partners with SEB for manufacturing and investment










French startup Lydia is raising a $45 million Series B round (€40 million). Tencent is leading the round with existing investors CNP Assurances, XAnge and New Alpha also participating. If you live in France, chances are you already know Lydia quite well. The company has become a ubiquitous mobile payment app, especially for people under […]

Mobile payment app Lydia raises $45 million round led by ...