Gide, counsel to Crédit Mutuel Arkéa on Budget Insight's funding round with PSG Equity
4 April 2022
Deals | France | Corporate/M&A
Gide has advised Crédit Mutuel Arkéa on the USD 35 million-funding round of its fintech subsidiary Budget Insight from leading growth equity company PSG Equity.
Budget Insight is the leading aggregator of banking and financial data in France and a pioneer of Open Finance in Europe. This new partnership strives to allow Budget Insight to develop new products and significantly expand its European reach.
Gide's team advising Crédit Mutuel Arkéa since the acquisition of Budget Insight in 2019 comprises partner Axelle Toulemonde and associate Chloé Bouhours on M&A aspects, as well as partner Olivier Bernardi and associates Angeline Dubois and Hugo Baudière Mbaye on regulatory aspects.
PSG Equity was advised by Weil Gotshal & Manges.
The executives and employees of Budget Insight were advised by Fides.