
Tag "Europe"
Fintech Funding in Europe Stumbles 70% YoY
European fintech companies secured only EUR 4.6 billion in funding in H1 2023, down by a staggering 70% from the EUR 15.8 billion raised during the same period last year, a new report by European growth investor Finch Capital shows.
Read MoreEuropean Merchants Tap Latin America E-Commerce Opportunity
Latin America (LatAm), one of the fastest-growing e-commerce markets globally, has become a preferred destination for European companies looking to expand globally, an appeal that’s owed to the region’s booming smartphone penetration, rapidly digitizing population and improving payment infrastructure, a
Read MoreEurope’s Top 10 Neobanks Serve a Combined 64M Customers
Changing customer behavior, technological advancements and an evolving regulatory landscape are fueling the rise of digital banking. So-called neobanks or challenger bank are rapidly capturing the market and are now serving a combined customer base of 1 billion people. The
Read MoreIFZ Insurtech Study: European Insurtech Industry Increased 20% This Year
Over the past year, Europe’s insurtech industry has seen the addition of more than 100 companies, bringing the total number of insurtech firms in the continent to 598, a new report by the Swiss Institute of Financial Services Zug IFZ
Read MoreEurope’s Healthtech Industry Enters New Phase of Growth
Europe is home to a young and dynamic healthtech industry, which, despite the global venture capital (VC) investment contraction, has managed to continue to grow, innovate and secure funding. In the year to come, the sector is expected to see
Read MoreThe State of the German Blockchain Ecosystem
Despite a global venture capital (VC) pullback, shrinking valuations and public market turmoil, Germany’s blockchain VC funding market remained stable this year, with companies in the space securing a total of US$218 million across 20 deals year-to-date (YTD), just US$37
Read MoreClimate Fintech Funding Soars, Totaling US$1.8B in H1 2022
CommerzVentures, the corporate venture capital (CVC) arm of Commerzbank in Germany, has released its latest report on climate fintech, sharing findings of an analysis of 528 climate fintech startups across Europe and the US with scalable business models to provide
Read MoreUK, Sweden Emerge as Best Fintech Ecosystems in Europe
In Europe, fintech activity is growing in virtually all countries, but performance and maturity levels are found to be the greatest in the UK and Sweden, the two countries that are now leading the region for the size of their
Read MoreEuropean Fintech Growth Cools Down
After a decade of growth, the European fintech ecosystem is entering a period of cooling and consolidation reflected by a dropping number of new fintech companies being founded, decreasing funding activity and a decline in exit deals, a new report
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