LBP AM and Tocqueville Finance reward 4 fintechs at the 2022 Innovation Trophies

On October 20, La Banque Postale Asset Management (LBP AM) and its subsidiary Tocqueville Finance organized the 2022 Innovation Trophies, in partnership with Investance Partners and Finance Innovation. During a ceremony held at the headquarters of LBP AM and Tocqueville Finance, 3 categories of prizes were awarded to 4 winning fintechs: Handsome, elected “Best Fintech of the Year”, Fruggr and Carbometrix, tied for “Fintech SRI of the year” and Weather Trade Net, “Coup de Coeur du Jury” prize.

Very invested in the field of innovation and fintechs, LBP AM and its subsidiary Tocqueville Finance organized yesterday at their headquarters, in the La Félicité Paris Sully Morland eco-district, the 2022 Innovation Trophies. Aimed at promoting innovative companies , tomorrow’s unicorns and drivers of a sustainable economy, the Trophies were organized with the support of Investment Partners and the Finance Innovation competitiveness cluster (Paris Europlace).

This first edition was orchestrated with the support of Fleur Pellerin, godmother of the trophies, former Minister of Innovation and Digital and now President of Korelya Capital, and a jury composed of 14 expert professionals chaired by Pierre Ernst, member of the Management Board of LBP AM.

More than 700 fintechs were contacted, 60 retained on file and 11 finalists auditioned by the jury. On October 20, during an award ceremony held at the headquarters of LBP AM and Tocqueville Finance, 4 winners were rewarded:

Best Fintech of the Year:

• Handsome, created in 2019 by Julien Delamorte. 9 out of 10 visually impaired are victims of fraud, scam or error when paying at their merchant. This is why Handsome has created the first payment card accessible to everyone by connecting it to the smartphone. Concretely, the cardholder inserts it into the payment terminal (TPE) and the smartphone vocalizes all the protocol written on the TPE. Thus, a visually impaired person can hear what we can read and gain autonomy, independence and security when paying.

SRI Fintech of the Year (tie):

• Fruggr, a start-up created in 2021 by Frederick Marchand, was born from the notion of impact and aims to be the leading platform in the world of digital ESG management. Fruggr wants to change the digital footprint and allows an automated assessment of the environmental and social footprint of digital applications. Fruggr aims to make digital more respectful of the planet and make it accessible to as many people as possible.
• Carbometrix, created in 2021 by Corinne Bach, Christian Couturier and Marie David, is a platform that allows investors to assess the carbon footprint of the companies that finance it and to activate the most effective decarbonization levers. Their product aims to guide the venture capital sector on the path to sustainable finance, via a simple and accessible tool.

Fintech “Jury’s Favorite”:

• Weather Trade Net, founded in 2019 by Elena Maksimovich, is a unique start-up on the border between the DeepTech, ClimateTech, FinTech and InsurTech space. Weather Trade Net is a data provider whose products are physical weather risk scores. This data can be used for the insurance sector, audit, ESG rating, annual company reporting in accordance with the TCFD policy as well as risk management.

The winners will benefit in particular from the media visibility offered by the B-SMART channel, partner of this edition, from one year of membership in the Finance Innovation competitiveness cluster, from training at the Fresque du Climat et de la Diversité by Investance Partners, as well as an ESG rating performed by LBP AM using its proprietary “GREaT” methodology.

“We are very enthusiastic to highlight the talent, dynamism and ambition of the 4 winning fintechs. These trophies are in line with LBP AM and Tocqueville Finance’s long-term commitment to innovation and impact technology (“SRI & Tech”), a source of value creation for the all of our customers and an essential driver of more sustainable and responsible growth.”, Says the President of the Jury, Pierre Ernst, member of the Management Board of LBP AM.

Cyril Armange, Deputy CEO of Finance Innovation, adds: “The Banque Postale Asset Management trophies highlight the resilience, talent and innovation of the French fintech ecosystem faced with the challenges of a rapidly changing society and marked by a multitude of transitions: economic, societal, digital, environmental, geopolitical, etc. The solutions offered by Handsome, Frugg, Carbometrix and Weather Trade Net are concrete, lasting and sustainable responses that the Finance Innovation global competitiveness cluster will have to support, promote and support.”

Luc-Sorel Om, Managing Director of Investment Partners, concludes: “These trophies are the demonstration of a collective selection work associating private and public investors, large and small companies to continue to value an Innovative sector which can gain even more in attractiveness. The choice of Handsome confirms that it is important to have an even more precise vision of this ecosystem of French finance start-ups that can provide real banking solutions to vulnerable and disabled people.”

> Get the press release (in french)