TagPay announces an investment of 25 million euros from the New York fund Long Arc Capital. Coming 4 years after the official launch of its next-generation Core Banking System solution, this mode represents an important step for the Fintech, its teams and its customers, as it is its most important financing.
Long Arc Capital is an American investment company based in New York and dedicated to the development and expansion of companies offering innovative technological solutions. Long Arc brings a complete set of resources to support TagPay: strategic advice, human capital, expertise on product and technological development topics.

Yves Eonnet, Hervé Manceron and Société Générale remain shareholders reaffirming their commitment to TagPay and continued support in the future evolution of fintech.

“The evolution of regulations, the new expectations of end customers and the disruption in financial services make the modernization of the Core Banking System a necessity,” said Yves Eonnet, CEO of TagPay. “Today, thanks to its open, flexible and scalable architecture, TagPay is the reference solution …