This post will focus on the 15 most relevant companies listed on European markets, which are within the Fintech sector. The sector has had a great growth as shown in the investment analysis carried out by our expert analysts in the sector.....
Check out the 9 best FinTech companies in the industry
In this post we will describe the most relevant FinTech companies in a sector that is becoming increasingly active, as can be seen in the 2021 Investment Analysis developed by Baker Tilly analyst, experts in the sector. Throughout this...
The IT Consulting sector for FinTech and InsurTech is becoming increasingly active in M&A: Corlider, Keyhelp, Mecemsa and Unnax
Capital is increasingly being directed towards FinTech and InsurTech, and the number of M&A deals related to these sectors is growing all the time. We take a look at current investment activity in IT consulting for FinTech and InsurTech.
InnoCapital, Banco Sabadell's digital business corporate venture, makes its first investment.
InnoCells, Banco Sabadell's digital business hub, is leading a round in Bud, the UK's leading platform for integrating financial solutions and products into a single marketplace, through its investment vehicle InnoCapital.
Vipera acquires Spanish technology solutions company SoftTelecom for €1.3m
UK mobile financial services company Vipera has acquired Spain's SoftTelecom Desarrollos I Mas D (SoftTelecom), which specialises in software solutions for banking customers, for €1.3 million.
Spanish FinTech startup Billin receives €1.5M in new investment round
Billin, the Madrid-based company that offers an invoicing management platform dubbed "the dropbox of invoices", has closed a €1.5M investment round backed by Kibo Ventures, K Fund, and business angel Carlos González Cadenas.
Kantox, the fintech company, turns to software technology and receives €5M
Kantox, the fintech company that operates in the exchange of currencies for companies, has closed a €5 million round raised by its own shareholders. Co-founder and CEO Philippe Gelis confirmed yesterday that the round will bring the company closer to break even, which is expected to be reached "by the end of 2017".
BBVA increases its fintech fund to $250M
BBVA had already invested in the Fintech sector in recent years as part of its transformation strategy to become the world's leading international digital bank. It has started 2016 strongly and has expanded its BBVA Ventures fund from $100M to $250M and has reached a management agreement with the US firm Propel Venture Partners.
Spain-based Spocat Fintech receives €31M
By 2016, investment in Spanish fintech companies is expected to triple and the number of companies operating in the sector is expected to double. 2015, with 78 companies operating in our country and funding of around €200M, has been the take-off of this sector in Spain, which according to Venture Watch was the protagonist of 9.6% of venture capital operations in Spain.
Fintech boom prompts banks to make a move
Crowdlending platforms that offer easier access to loans, in a fast way and without the need to compute in the CIRBE and other fintech business models are posing a risk for banks, which have already begun to take steps towards fintech in order to compete in this new market. The growth forecasts are very positive and it is expected that in 2015 the European Fintech market will move a volume of €7,000 M, a 237% more than in 2014. In 2014, alternative finance platforms moved €2,957M.
Crowdfunding boom and foreign investment drive growth in startup investment in the first half of 2015
According to a study by Venture Watch, investment in Spanish startups in the first half of 2015 has grown by 134% compared to the same period last year, partly due to the closing of large deals that are not very typical in our country. Among the fastest growing sectors is the fintech sector, which accounted for 4 of the 15 largest deals in Spain.
The fintech sector of choice for investors in Spain
The growth of fintech seems to be unstoppable: since 2008, global investment in fintech has tripled from $928M to $3,000M in 2014 and is expected to reach $8,000M in 2018. Although the countries leading the sector in Europe are the United Kingdom and Ireland, Spain is also seeing significant operations such as those carried out in Digital Origin and Peertransfer.