Open Innovation

Societe Generale is constantly developing its open innovation policy, by strengthening its relationship with startups and FinTech and increasing the number of exchanges and collaborations. In doing so, the Group has two aims: to offer them its expertise and to benefit from their knowledge in terms of user experience, new technologies and methods. Improving cooperation with these players means that Societe Generale can identify, from thousands of innovative startups, those which will add value to its activities.

SG Ventures

Societe Generale Ventures, a €150 million cross-functional fund dedicated to innovation, invests in internal and external start-ups. Nine investment areas have been identified to support the development of the business lines, more particularly payments and e-commerce, Open Banking, and services to small and medium-sized companies. Five other, more forward-looking areas complete the business lines to build the bank of tomorrow. Societe Generale Ventures will optimize investments while creating synergies between the Group's activities.

Global Markets Incubators

Global Markets Incubator announces the selection of six fintech companies to join its Open Innovation platform, hosted by Le Swave Paris & Co, in order to build innovative solutions with them. With this launch, Société Générale Corporate & Investment Banking is taking a pioneering approach to incubating startups specialising in market activities, while strengthening its support for the Fintech ecosystem. The selected Fintech will benefit from SG CIB's recognised expertise in the market, as well as the support of the Le Swave incubator based in La Dêfense, Paris.

Find out more about Global Markets Incubator