Paris-Based Fintech Finary Raises €25 Million in a Series B

Finary, a Paris-based fintech helping Europeans invest, manage, and save money, led by Mounir Laggoune and Julien Blancher, has raised €25 million in a Series B round led by PayPal Ventures, with participation from LocalGlobe, Hedosophia, Shapers, as well as our historic investors Y Combinator, and Speedinvest. Finary is honored to welcome Axel Weber, former chairman of the world's largest private bank, UBS, and president of the German Central Bank, as well as Harsh Sinha (CTO at Wise), to this incredible adventure.

In France, a third of all financial assets, over €2,000 billionl, sit in instruments that yield less than inflation, while most investors lack the education to make better choices. With pensions under strain and €450 billion a year about to transfer from baby boomers to younger generations, 87% of whom expect to switch advisors, the market is primed for disruption. Yet incumbents, profiting from high fees, have little incentive to drive change.

Finary is flipping the power dynamic in finance, not just simplifying money, but putting control back in the hands of investors. The vision is a world where finances manage themselves: stress replaced by clarity, complexity by empowerment. Powered by AI, Finary aims to deliver a fully automated, personalized money management experience that goes beyond tracking net worth or investing, it proactively guides users toward their goals. From the first paycheck to the big payday, Finary isn’t just another app; it’s building the new global standard for managing money.

What sets Finary apart is a relentless customer obsession that drives every decision. The company has turned financial education into a movement, powered by a YouTube channel with 75M views and a thriving community. Through meetups, forums, and direct feedback, users consistently share how Finary helped them regain control of their money. This deep connection has fueled explosive growth to over 600,000 users and profitability in Q4 2024, proving that Finary’s vision is not only ambitious but also sustainable.

This Series B funding will accelerate Finary’s mission to reinvent wealth management. The company plans to launch new financial products, including a brokerage account, investment accounts (PEA), and retirement accounts (PER), while significantly expanding its wealth management service, Finary One.