𝗪𝗵𝘆 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝘄𝗶𝘁𝗵 𝗮 𝗕𝗶𝗴 𝗕𝗮𝗻𝗸 ?

Fintech Society and Thomas Yeddou went back to the genesis of 1POINT6.

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1POINT6 the genesis

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1POINT6 was created by 321 and is supported and funded by BNP Paribas, the first European bank.

Fintech manages all of the payment process (collection and disbursement) and the associated cycle for transactions on Marketplaces. This market is competitive, structured and very promising, provided it stands out. Les regulations of this market are demanding and the support of an institution such as BNP Paribas is an essential asset for success.

During the exchange with Thomas, Guillaume Massis, CEO of 1POINT6, discusses the reasons why BNP Paribas is involved in the project, and why this link is “win-win”.

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The advantages of working with a bank

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The arrangement between 1POINT6 and BNP Paribas is simple: BNP Paribas takes care of compliance process and has a right of control over sellers, to allow 1POINT6 to focus on its payment business.

”We are currently operating as BNP Paribas agents. BNP Paribas transmits its status and expertise in compliance to us, which allows us to manage payment activities. When selecting sellers for our customers, we follow the BNP Paribas compliance process, which approves or disapproves sellers.” Guillaume Massis, CEO of 1POINT6

On the 1POINT6 side, the second advantage of working with a bank concerns the part Commercial. Share a extensive customer network and some financial infrastructures, built a credibility indisputable for the company. Marketplaces interested in specific modules are the main target and the strength of BNP Paribas is particularly effective in this market.

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On the BNP Paribas side, the alliance with a fintech company offers them the opportunity to establish themselves on a market at an unprecedented speed, much more quickly than if they had tried to develop this expertise internally, a process that is often slowed down by a certain inertia.

Only 6 months after its creation, 1POINT6 obtained its status of payment service provider agent. To discover 1POINT6 you can follow its news on their site And on Linkedin. Already with several customers, Fintech 1POINT6 is operational and gaining independence by taking advantage of the strength of BNP Paribas.