Try our corporate solution for free!

Fintech in Europe - statistics & facts

Fintech is a term applied to describe technological solutions developed in various financial services areas, such as online banking, mobile payments, and cryptocurrency, that are used in the daily life of consumers. The development of financial technology further supports the growth of niche markets in Europe, such as the ever-developing alternative finance, crowdfunding and peer-to-peer lending, as well as automated loans, robo-advisors and automated investment management. Fintech is an industry on the rise, as it can be seen by the growing number of fintech startups worldwide.

How appealing are fintech investments?

Investment interest in European fintech companies has been strong for a number of years now. Despite some fluctuations, the total value of venture capital investments European fintech companies increased over the last years. Fintech investments in Europe were highest on the British market, with Germany and Sweden following from a distance. Institutional investors are also seeking to benefit from this growing industry, and some of Europe’s largest banks invested significantly in fintech companies over the last years.

Are customers ready for fintech?

Consumers in the European market also play their part in increasing appetite for fintech, and they seem ready to embrace the digital transition. Large number of the residents in most European countries regularly use online banking sites. However, some customers do not perceive fintech solutions as trustworthy and reliable as traditional financial services providers. Cybersecurity threats and data leaks, along with the absence of reassuring human interaction, usually lie behind these concerns.

Interesting statistics

In the following 6 chapters, you will quickly find the 33 most important statistics relating to "Fintech market in Europe".


Get in touch with us. We are happy to help.
Statista Locations
Contact Vayola Jocelyn
Vayola Jocelyn
Client Support Specialist– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Ziyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

Contact Kisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Associate Director - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)