INVYO reveals Europe’s Top 50 Fintechs

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Who are the 50 most valued companies in Europe offering financial technology solutions that are disrupting all the value chain of the banking and insurance industry? INVYO Insights has the answer.

The 50 Fintech were selected among the 3,500+ companies identified in Europe, based on their valuation. Rising stars like these 50 startups are establishing their leadership position both nationally and across Europe and this listing was last updated in September 2019.

Key Takeaways

The UK has 22 of the Top 50 fintechs, whereas Germany and France have seven each. So there is a big gap between the rest of Europe and the UK.

Again the UK has most of the fintechs by Value:

UK (>$28B)

NETHERLANDS (>$8.55B)

SWEDEN (>$8.27B)

The strongest fintech categories are:

Payment (16)

Lending (7)

Neobank (7)

These are followed by other Fintech segments: Bank as a Service (5), Insurtech (3), Crypto (3), Regtech (3), WealthTech (2), Personal & Business cash management (1), Service to Finance (2) and Alternative fundings (1).

The Top 50 Fintechs in Europe by Valuation

Whilst it is true that the UK wins in terms of valuation overall, the Top 3 companies by valuation are not in the UK. Adyen, a payments provider registered in Netherlands, takes the top spot with a valuation of $8.3 billion. In second place it is Nexi, an Italy-based payment/loyalty card/transfer/Fx provider valued at $8.2 billion, and Sweden’s Klarna, a payment provider, in third place with a valuation of S5.5 billion. Names like N26, Oaknorth Monzo and Transferwise are in the Top 10, as might be expected. It is good to see that there are three neobanks in the Top 10.

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