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Techfoliance EUROPE | 1 October 2018

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Mapping Fintech Austria 2018

Mapping Fintech Austria 2018

This report and mapping will give you access to the most up-to-date overview of the Fintech players in Austria.

The Austrian FinTech ecosystem shows a steady growth in the number of companies and a consolidation in its organizations on the background of strong governmental support.


DATA PROVIDED BY INVYO ANALYTICS

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The most complete Austrian Fintech mapping

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The report analyzed 160+ Austrian Fintech start-ups, and looks at the corporate startup engagement and main trends.

You will see how the local banking industry follows international trends and responds rather by setting up cooperation with the startups as by buying such companies.

The largest banks and insurance companies have various models of scouting and implementing new banking possibilities –sourced either locally or abroad.

For this report, our parent company INVYO, in partnership with the Fintech researcher Carmen Balazs, have conducted on the ground interviews with professionals and entrepreneurs to provide you in-depth analysis of Austria’s Fintech ecosystem.

Key takeaways

🔸 Out of 162 indexed FinTech companies, 85 have HQ registered in Austria within the main hubs: Vienna and Graz;

🔸 Of all companies 64% involve a B2C business model, 29% target B2B (or B2B2C) whereas 7% went out of business;

🔸 Crowdfinance accounts for 26,2% of the analyzed Austrian FinTech;

🔸 The blockchain and crypto scene are very well developed, with 6 cryptocurrencies that were set up by Austrian teams;


>> Access the report and the mapping by following this link


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