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10/12/2018
Counting On Success Episode 6: Famoco


CEO - Co-founder: Lionel Baraban
Date of creation: 22/09/2010
Headquarters: 59 avenue Victor Hugo - 75116 Paris
Employees: +120
Sector: Finance


Date of investment: February 2017
Followed by: Matthieu Baret
Amount invested: €7m

 

Lionel Baraban, CEO & Co-Founder

It is after making his debut as an actor that Lionel Baraban embarked on his entrepreneurial adventure. He started successful start-ups in France, then ran a technology incubator in Israel. In 1998, Lionel Baraban took over the management of Entopia in Palo Alto, a spin-off from his incubator, raising $40 million. He moved to China in 2009, where he and Nicolas Berbigier developed Xanadu. In 2010, they founded Famoco together, of which he is now the CEO.

PRESENTATION OF FAMOCO

Famoco is the leader in secure Android devices for professionals. It transforms secure mobile digital transactions that can be managed from a distance. It was designed to deploy intelligent mobile solutions for diverse issues regarding digital transactions, security, identity/KYC, NFC and/or QR code payments, tickets, various Android activities, and more. Created in 2010, Famoco has five established international offices: Paris, Brussels, New Delhi, Singapore and Abidjan.


A WORD FROM MATTHIEU BARET, MANAGING PARTNER AT IDINVEST PARTNERS

"Idinvest supports European SMEs to help them in their international development. We are proud to count Famoco in our portfolio because, in addition to anchoring itself to our investment strategy in the digital sector, it has a real ambition to develop sustainably and to have a positive impact on the communities it serves."




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