Search Results for "N26"
Fintech M&A Deal Activity Accelerates in DACH Region
In Germany, Austria and Switzerland, also referred to as the DACH region, fintech funding and acquisition activities have accelerated over the past few of years on the back of a maturing fintech market and increasing appetite from strategic players and
Read More
Neobanks Face Setbacks Amid High Cash Burns and Little Revenue Streams
A challenging economic environment, diminished funding and valuations, and increased scrutiny of regulators have put tremendous stress on neobanks around the world. Over the past few years, the industry has seen its fair share of business failures often due to
Read More
Berlin and London Named Amongst Europe’s Top 5 Fintech Hubs
Deep Ecosystems, a Germany-based accelerator for ecosystem projects, have released its 7th edition of the Startup Heatmap Report, ranking Europe’s top 50 most popular startup hubs in the continent. The ranking is based on a survey that polled more than
Read More
2021 Was a Record Year for Fintech Funding, Unicorn Minting and M&A Exits
In 2021, fintech companies attracted a new record of US$132 billion, more than double the 2020 figure. The amount represents 21% of all venture funding for 2021, making the sector the undisputed champion, data from CB Insights’ State of Fintech
Read More
Swiss Fintechs Raised US$530M in 2021, More Than Double 2020’s Total
In 2021, Swiss fintech funding activity regained some of its strengthen after underperforming for three years in a row. Data from Dealroom show that Swiss fintech companies raised a total of US$530 million, up 129% from 2020. The surge followed
Read More
Swiss ‘Unicorn’ Banking App Reincarnates as Bitcoin Vault
Swiss fintech company Numbrs has blamed jealous banks for killing off its original business model as a third-party provider of financial products. So it has reinvented itself under the banner of the ultimate bank killer – bitcoin. The company, fêted
Read More
Top 20 Most Valuable Independent Digital Banks Worth a Combined US$184.7B
Around the world, independent digital banks are growing and maturing. As awareness and adoption surged on the back of the COVID-19 pandemic, investors continued pouring billions of dollars into the sector, pushing valuations to all-time high levels. As of late-2021,
Read More
Embedded Payments to Generate EUR 277B of Revenue in Europe Over Next 5 Years
In Europe, companies of all sizes and from all sectors are waking up to the embedded finance opportunity with most planning to the join the movement by integrating seamless payment capabilities, a new study by paytech and banking-as-a-service (BaaS) specialist
Read More
New Study Reveals Low Digital Banking Adoption Level Amongst Swiss SMEs
Despite Switzerland being a global banking hub, a study commissioned by fintech firm Crealogix found low adoption of digital functionalities and low satisfaction ratings of digital banking amongst Swiss small and medium-sized enterprises (SMEs). The survey, which polled SMEs in
Read More
Demand for Digital Identity Verification Surges Amid Booming Virtual Banking Sector
An evolving regulatory landscape, rising digital adoption and the surge in fintech usage is pushing demand for digital identity verification. By 2026, the industry is expected to generate US$17.2 billion in revenue, translating to a compound annual growth rate (CAGR)
Read More