France
Famoco, a French startup founded in 2010, has been making waves in the Payments and SaaS industries. The company's slogan, "Shaping the future of technology & transactions. Putting people at the core of our processes," encapsulates its commitment to user-centric innovation.
Recognizing the pitfalls of utilizing B2C tools like smartphones for business operations, Famoco has developed a solution to address the privacy and security issues, as well as the risk of stolen devices. Its mobile devices with zero-street-value are not only designed to protect privacy but are also remotely manageable through a single SaaS platform. This unique approach allows for rapid and secure deployment of any business app in the field.
The company's recent accomplishment includes securing a €11.00M Series B investment on 20 February 2017. This funding round saw participation from notable investors such as Orange Ventures MEA, Bpifrance, IDInvest Partners, Hi Innov, BNP Paribas Developpement, and Aurinvest.
Famoco's innovative solutions and its successful fundraising efforts position it as a promising player in the evolving landscape of digital transactions and mobile technology.
