Papisy

What Papisy does

Papisy (legal entity SAS MA RETRAITE RESPONSABLE) is a France-based insurtech founded in 2020 and launched in 2021, operating a digital-first online platform that distributes a single product: the PER Papisy, a personalized responsible retirement savings plan (Plan Épargne Retraite). The product is built around nine exclusive investment funds curated by Papisy's expert team and packaged into four thematic eco-responsible collections (Eau/Water, Planète/Planet, Humain/Human, Energie/Energy) carrying recognized sustainability labels such as ISR and Towards Sustainability. A free managed portfolio service (gestion pilotée) is offered alongside the self-directed option. Papisy is registered as an independent insurance broker with ORIAS (n°21004287) under ACPR supervision, but it does not hold or manage customer savings directly; instead, all savings are placed with and managed by Gan Eurocourtage (Groupama Gan Vie) under a core strategic partnership, while Papisy controls the customer interface, fund curation, and distribution.

The business model is a 1% annual AUM-based management fee subscription, with customers able to subscribe in approximately 5 minutes through a 100% digital self-service flow at account.papisy.com, starting from €50/month with no commitment, and optionally book a free financial advisor consultation. Go-to-market is product-led growth combined with content marketing (blog, Instagram, Facebook, LinkedIn, Twitter/X) and promotional referral campaigns (e.g., PER24 offering up to €2,000 to new subscribers in late 2024). The primary customer segments are French individual savers (salaried employees, self-employed, business owners, students) seeking tax-deductible retirement contributions aligned with environmental values, plus a secondary push into self-employed professionals through a dedicated "PER pour les pros" proposition. The company is headquartered in Saint-Marc-Jaumegarde, France, operates with a 1-10 person team, is independently owned by co-founders Thomas Givry and Emmanuel Batifoulier, and has not disclosed external funding, revenue, or AUM.

Name

Papisy

Legal name

SAS MA RETRAITE RESPONSABLE – PAPISY

Website

https://papisy.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Papisy is a France-based insurtech that distributes a digital, eco-responsible retirement savings plan (PER) to French individual savers, sourcing and packaging nine exclusive ESG-labeled funds into four thematic collections and charging a 1% annual AUM fee, with all savings held by partner Gan Eurocourtage (Groupama Gan Vie).

Ownership category

akta.pro rank

Product category

Retirement Savings Plans

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Insurance Agents, Brokers & Service (6411), Investment Advice (6282)

akta.pro industry

PRIMARYFSAEABAD

Retirement Income Planning & Decumulation Advisory

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Wealth & Retirement Advisory

Keywords

• Retirement savings plans
• Pension savings products
• Responsible investing
• Tax-advantaged savings
• Sustainable investment funds

Headquarters

HQ city

Anglet

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. PER Management Fees: Papisy charges 1% annual management fees on assets under management. The fees cover ongoing contract management by Papisy and Gan Eurocourtage teams, as well as fund management fees paid to external fund managers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Papisy offers the PER Papisy (Plan Épargne Retraite), a personalized responsible retirement savings plan distributed as an independent insurance broker. Subscribers save from €50 per month into one of four eco-responsible thematic collections (Eau, Planète, Humain, Energie) backed by 9 exclusive funds selected by Papisy experts, with the option of a free managed portfolio service. Savings are placed and managed by insurance partner Gan Eurocourtage (Groupama Gan Vie), while Papisy handles distribution and customer experience.

Product overview

Papisy is a single-product fintech company offering the PER Papisy (Plan Épargne Retraite), a personalized responsible retirement savings plan. The product ecosystem includes the core PER with four thematic investment collections (Eau, Planète, Humain, Energie) representing up to 25% of the portfolio, a free tax simulator tool, and a complimentary managed investment service (gestion pilotée). The company acts as an independent insurance broker partnered with Gan Eurocourtage – Groupama Gan Vie, with the entire offering built around eco-responsible investments meeting recognized sustainability labels.

Differentiator

Problem solved

Functional benefit

Products and services

• PER Papisy (Plan Épargne Retraite) Personalized responsible retirement savings plan (PER) for individual French residents and self-employed professionals, allowing contributions from €50/month, with tax-deductible payments, 9 exclusive expert-selected funds, and optional free managed portfolio service. Underlying savings are placed and managed by partner insurer Gan Eurocourtage (Groupama Gan Vie).
• Collection Eau (Water Collection) Eco-responsible investment theme within the PER Papisy, addressing global water-related challenges including scarcity, quality, and distribution. Users can allocate a portion of their PER portfolio to this theme.
• Collection Planète (Planet Collection) Eco-responsible investment theme within the PER Papisy focused on reducing carbon emissions, promoting sustainable transport, and clean energy.
• Collection Humain (Human Collection) Eco-responsible investment theme within the PER Papisy supporting employee well-being and fulfillment within companies.
• Collection Énergie (Energy Collection) Eco-responsible investment theme within the PER Papisy focused on consuming less and better and using durable, low-pollution energy sources.
• La gestion pilotée (Managed Portfolio Service) Free managed investment service for PER Papisy subscribers in which Papisy's financial advisors handle portfolio allocation decisions on behalf of the saver, making retirement investing accessible to those without financial expertise.

Quantifiable outcome

• Performance of 16.3% net over the last 5 years for balanced profile investors with 30+ years to retirement

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Gan Eurocourtage (Groupama Gan Vie)coreStrategic or Co-development PartnerGan Eurocourtage - Groupama Gan Vie places and manages the savings of the Papisy PER and constructs the portfolios proposed by Papisy. This is a core strategic partnership where the insurer handles the actual savings management while Papisy handles distribution and customer experience.
• BpifranceminorOthersBpifrance logo appears in the footer as a partner organization, suggesting institutional support or recognition within the French entrepreneurial ecosystem.
• Finance InnovationminorOthersFinance Innovation cluster logo appears in the footer, indicating membership in a French finance innovation ecosystem or cluster.
• MMA EntrepriseminorOthersMMA Entreprise provides the Financial Guarantee and Professional Civil Liability insurance required under the Insurance Code, as required for Papisy's ORIAS insurance broker registration.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Nalo: French robo-advisor offering personalized, goal-based investment portfolios including retirement-oriented life insurance wrappers. Direct peer on the digital retirement-savings UX and target customer.
• Goodvest: French digital wealth manager focused exclusively on responsible/ESG investing. Most direct competitor to Papisy's eco-responsible positioning, with a similar target of French savers seeking ethical investment products.
• Linxea: One of France's leading online life insurance and PER brokers, distributing competing PER products from multiple insurers. Direct competitor for online PER subscribers in France.
• Yomoni: French robo-advisor offering managed investment portfolios via assurance-vie and PER contracts. Direct competitor in the digital managed-portfolio retirement savings space.
• Ramify: Paris-based digital private wealth management and savings platform offering life insurance and PER products online. Comparable digital-first advisory model for French retail savers.
• Lucya (BNP Paribas Cardif): BNP Paribas Cardif's digital PER offering targeted at younger savers. Direct competitor with similar product-led onboarding and eco/social responsible investment options.

Emerging players

• Cashbee: French online savings comparator and brokerage platform offering PER and life insurance products. Adjacent online savings distribution with partial overlap on PER target customer.
• Epsor: French employee savings and retirement platform (PEE/PERCO/PER). Comparable on retirement-focused digital offering but oriented toward employer-sponsored plans rather than individual PER.

Broad incumbents

• Boursorama Banque: Société Générale's online bank offering PER among a much broader retail banking and brokerage suite. Much larger incumbent distribution channel for French retail PER.
• Fortuneo Banque: Online bank offering PER and assurance-vie products as part of a broader retail banking platform. Established incumbent for digital PER distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Papisy_app
• Facebookfacebook.com/Generation.Papisy
• LinkedInlinkedin.com/company/papisy
• Instagraminstagram.com/generation_papisy

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Papisy