[Facts&Figures] Germany FinTech Landscape by EY
Techfoliance is extracting key data and facts from industry reports on the rise of Fintech in Europe so that you can focus on what matters the most for you.
In this report published on September 2017, the consulting firm EY shared key insights on the growing number of FinTech start-up in the region, investment volumes in the sector that are expanding, the rising deal flow that and the increasing average deal size.
FINTECH FIGURES
In 1H’2017 FinTech start-ups in Germany raised around EUR 307 million of VC funds with average deal size of EUR 7.3 million.
The German FinTech landscape accounts about 300 active FinTech in total with Berlin being country’s largest FinTech hub, hosting 27% of them.
Around 67% of all FinTech are located in the 3 major Gemran FinTech hubs that are Berlin, Rhine-Main-Neckar (RMN) and Munich.
Around 42% of FinTech start-ups in the country are B2B-oriented.
Between 2012 to 2016, total investment in German FinTech start-ups increased by almost 40x from EUR 10.2 million to EUR 398.9 million.
FINTECH FACTS
Top FinTech funding deals in 1H’2017
Among the top-10 largest banks, investments and collaborations have been by far the most preferred response strategy to FinTech.
Germany’s FinTech hubs: short profiles
Germany’s FinTech landscape: segment profile (1H’17)
Read full study here
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B2B B2C BayernLB Berlin Bezahlt.de Commerzbank data Deutsche Bank DZ Bank Europe Exporo Facts Figures germany Helaba HypoVereinsbank ING-DiBa Insights InvesTech KFW Kreditech LBBW Munich N26 Ottonova payments PropTech raisin RegTech Report RMN Scalable Capital Simplesurance SolarisBank Spotcap Study SwipeStox VC fundingBELGIUM - 14th December
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