One year after its launch, Figen AI is considering its expansion in Europe.

Eleven months after its creation, Figen AI, the French provider of AI assistants dedicated to wealth management, has 1,200 professional users of its solutions, "primarily independent financial advisors (IFAs), but also three groups of around fifty IFAs each, a mutual insurance company, and a private bank," explains Vincent Aurez, co-founder and president, former partner and director of innovation at Novaxia.

In 2026, the company plans to begin its "European expansion in Spain, Luxembourg, Belgium, and Switzerland to meet the demands of [its] institutional clients," lists Vincent Aurez. "The tool is relatively scalable. The main constraint is understanding national tax laws, and even regional ones in the case of Spain."

Key takeaway: In just under a year, Figen AI, with its 10 employees, has developed around twenty specialized AI assistants (covering tax, legal, communication, financial analysis, portfolio allocation suggestions, inheritance planning, arbitration report generation, etc.) and 60 simulators. The self-funded company charges subscriptions starting at €69 excluding VAT per month.