Tag "Europe"
Fintech Funding in Europe Reaches Highest Quarterly High Since Q2’18
In Q1’21, fintech funding in Europe reached its highest quarterly total since Q2’18, surpassing US$2.9 billion in just the first two months of the year, data from market intelligence startup CB Insights show. High fintech investment levels, not only
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The Most Well-Funded Fintech Startup in Each Country in Europe
In Europe, fintech is the largest investment category, receiving more than EUR 30 billions of venture capital (VC) investment since 2014, ahead of health (EUR 29B), enterprise software (EUR 27B) and transportation (EUR 12B), data from Dealroom show. An analysis
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IMF Study: Europe Lags Behind in Fintech Activities
Fintech activities relating to alternative financing and mobile money are less developed in Europe than in the Americas and Asia Pacific (APAC), a trend’s most likely due to the region’s high pre-existing banking presence and financial inclusion, strict regulation, and
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EU Consumers Uncomfortable Sharing their Data, Finds New Open Banking Survey
European consumers still have reservations about open banking offerings despite the entry into force of the Revised Payment Services Directive (PSD2) and efforts from governments to promote fintech and open banking, according to a new survey by PwC’s Strategy&. The
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COVID-19 Accelerates Shift to Digital Payments, Virtual Banking: McKinsey
The COVID-19 pandemic and its many repercussions have dramatically changed consumer behaviors, accelerating the move from physical to virtual banking and boosting digital payments, according to a new report by McKinsey. All forms of electronic payments, whether peer-to-peer (P2P) or
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A Deep Dive Into the European Open Banking Adoption and Fintech Collaboration Space
Across the world, banks in Europe are being the most active in adopting open banking, and the majority of them are pursuing a collaborative approach when it comes to developing new, innovative products, a new survey found. The study, conducted
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Zurich Emerges as Data Center Hotspot in Europe
Zurich is emerging as a hotpot for data center development in Europe. The city is on track to becoming one of Europe’s top ten largest data center markets within the next five to ten years, according to a new study
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European Proptech Landscape: Who is Leading Proptech Funding?
The UK is the European leader in proptech funding with US$821 million raised so far and is home to the region’s largest proptech sector with 771 companies, according to a new report by German proptech investment fund Proptech1 Ventures. The
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14 Hottest Digital-First Challenger Banks by Country in Europe
Europe has been the bright spot for challenger banks and neobanks over the past decade. Since 2011, European neobanks’ customer base has grown by more than 15 million, according to a research by AT Kearney. It’s projected that by 2023,
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European Fintech Investment Surpassed Asia
Fintech is Europe’s largest venture capital (VC) investment category, receiving 20% of all VC investment in the region between 2017 and 2019 year-to-date (YTD), surpassing enterprise software (17%), health (13%) and transportation (8%), according to the State of European Fintech
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