Toronto-based Portag3, an early-stage FinTech investor, announced that Hélène Falchier has joined their team as a new partner.
Based in France, Falchier will assist the Portag3 investment team with a focus on sourcing and driving investment opportunities in Europe.
“Hélène Falchier was a champion of FinTech long before it was en vogue,” Adam Felesky, co-founder and CEO of Portag3, said. “We’re honored to have someone of her calibre and experience driving our investment efforts in Europe. Hélène’s unique leadership skills and expansive network will help us identify the best opportunities and invest in the top entrepreneurs in the region.”
Based in France, Falchier will assist the Portag3 investment team with a focus on sourcing and driving investment opportunities in Europe.
Previously, Falchier was at CNP Assurances for 11 years, where she was CEO of its corporate venture program, Open CNP. She was also CNP’s head of private equity, where she dealt with a portfolio of €7.5 billion with investments in Europe and the U.S.
“I am thrilled to be joining the Portag3 team as we continue to invest in and help build great financial technology companies,” Falchier said. “Portag3’s team, vision, long-term view of investing, active involvement in portfolio companies and global reach attracted me to the platform.”
Falchier also acted as chairperson of the AFIC LP’s Club (French Association for Investors for Growth). Portag3 had formerly worked with Falchier when she was director of Alan, a French online health insurance company, in which both Open CNP and Protag3 had invested in 2016.
Portag3 had recently reported the $198 million closing of Portag3 Ventures II LP, its second FinTech venture fund that hones in on early stage investments in the global financial technology sector. Outside investors include the National Bank of Canada and Intact Financial Corporation. Portag3 says subsequent closings are expected to bring Fund II commitments to over $300 million.