Finance Innovation is a global business and research cluster dedicated to financial services, a widescope initiative of the Paris financial marketplace banks, insurance companies, asset management firms, consulting firms, service providers to financial institutions, universities, and research centres. Its goal is to draw upon the strengths of the Paris financial marketplace in order to create new high added value industrial and research projects to increase the market share of the French financial services industry in the European and international competition. Finance Innovation boosts and federates the marketplace potential in terms of research and innovation by bringing the academic and financial fields together. The cluster acts as a catalyst to accelerate the development of growth companies operating in the financial sector, and as a facilitator to evaluate, along with associated financial and academic players, tomorrow's market and technological stakes.

Finance Innovation assists SME's in their fundraising endeavours (from public and private sources).
The cluster develops its own projects in the following areas: information systems, training and research, sustainable finance.

Since its official launch in July 2007, the Finance Innovation cluster has demonstrated its dynamism and its ability to:

• create synergies and the necessary conditions to foster innovative financial projects,
• support the development and financing of SME's and innovation,
• develop an ecosystem by organising exchanges between large firms, SME's, and academics,
• reinforce the globally-renowned research and training hub in finance and economics,
• contribute to the emergence of projects in social and environmental finance (carbon trading, climate indices, micro-finance).