Being flexible: Many startups say the most crucial change that Macron can make is to shake up France’s labour laws, which they say have made it difficult to hire and fire employees. — Reuters
PARIS: France’s fast-growing fintech sector is optimistic the country’s dynamic new president will push it up the global rankings. But startups based in London do not yet seem ready to swap that key hub for Paris, even if they have French roots.
The nascent industry, ranging from mobile payment apps to “cryptocurrencies” like bitcoin, is seen by governments and business alike as crucial to the future of financial services and of vital importance, therefore, to economic growth.
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