Cartan Trade reorganizes its shareholding structure

Cartan Trade has raised €9 million and reorganized its shareholding structure to accelerate its technology and international growth. The new structure brings in SCOR , via its SV One fund, and Intact Financial Corporation as principal shareholders, alongside continued backing from Bpifrance . Founding investor Quattro Holding has sold its stake to Intact, Canada’s largest property and casualty insurer.

Cartan Trade, which offers digital credit insurance solutions for SMEs and corporates, expects premiums to grow 30% this year to €40 million and plans to expand into Spain, Northern Europe, and the London Market.

“These developments mark a decisive milestone for Cartan Trade. With SCOR and Intact as our principal shareholders, we are entering a new acceleration phase to deliver on our roadmap, expand our capabilities, and further support the needs of our clients and broker partners.” – Sébastien Guidoni, CEO of Cartan Trade.