The European Top 50 of the most valued Fintech

By
Team Europe
-
25

INVYO Insights’ ranking provides a list of the 50 most valued companies in Europe offering financial technology solutions that are disrupting all the value chain of the banking and insurance industry.

The 50 Fintech were selected among the 3,500+ companies identified in Europe, based on their valuation. Rising stars like these 50 start-ups are establishing their leadership position both nationally and across Europe.

Last update: in October, 29th 2019

Key takeaways

Most represented countries (by Number):

🏆 UK (22 Fintech)

🏅 GERMANY (7 Fintech)

🏅 FRANCE (7 Fintech)

Followed by other European countries: Sweden (4), Netherlands (1), Switzerland (3), Spain (1), Portugal (1), Italy (2) and Denmark (2).

Most represented countries (by Value):

🏆 UK (>$29B)

🏅 NETHERLANDS (>$8.3B)

🏅 SWEDEN (>$8.27B)

Followed by other European countries: Germany (>$6.65), Italy ($8.6B) , France (>$2.83B), Switzerland (>$2,6B), Denmark ($800M), Spain (>$400M) and Portugal ($550M).

Most represented categories (by Number):

🏆 PAYMENT (17 Fintech)

🏅 LENDING (7 Fintech)

🏅 NEOBANK (7 Fintech)

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

Top 50 Fintech in Europe (by Valuation)

Since it is the first update of our report “mapping the most valued fintech start-ups in Europe”, we invite you to share your feedback in the comments below. Please note that the ranking in the table below is subject to change.

RankingNameValuationCountrySectorVariation
1Adyen$8.3BNetherlandsPayment0
2Nexi$8.2BItalyPayment, Loyalty, Transfer, Fx0
3Klarna$5.5BSwedenPayment0
4Greensill$3.5BUKFundings0
5Transferwise$3.5BUKPayment0
6N26$3.5BGermanyNeobank0
7Oaknorth$2.8BUKNeobank0
8Monzo$2.5BUKNeobank0
9Funding Circle$2.4BUKLending0
10Izettle$2.2BSwedenPayment0
11Checkout$2BUKPayment0
12Darktrace$1.7BUKRegtech0
13Revolut$1.7BUKNeobank0
14Sumup>$1.0BUKPayment0
15Avaloq$1.0BSwitzerlandBank as a Service0
16Radius Payment$1.0BUKPayment0
17Ivalua$1.0BFranceService to Finance0
18Numbrs$1.0BSwitzerlandNeobank0
19Rapyd>$900mRapydPayment+31
20Worldremit>$900mUKPayment0
21Wefox>$700mGermanyInsurtech0
22Starling Bank>$600mUKNeobank+5
23Atom Bank$590mUKNeobank 0
24Feedzai$575mPortugalRegtech0
25Raisin>$550mGermanyPersonal & Business cash management0
26Tradeplus24>$550mSwitzelandLending0
27Zopa$550mUKLending0
28Deposit Solutions$500MGermanyBank as a Service0
29Pleo$ 500mDenmarkPayment0
30Smava$ 500mGermanyLending0
31Kreditech<$500mGermanyLending0
32Pagantis>$400mSpainPayment0
33Gocardless>$400mUKPayment0
34Wynd>$400mFrancePayment0
35Moneyfarm>$400mItalyWealthtech+7
36Ratesetter$360mUKLending0
37Tinubu Square>$350mFranceRegtech0
38Ebury>$350mUKPaiement0
39Bitstamp$350mUKCrypto0
40Nutmeg$317mUKWealthTech0
41Solaris Bank>$300mGermanyBank as a Service0
42Monese>$300mUKNeobank0
43Ledger$300mFranceCrypto0
44Banking Circle$300mDenmarkPayment0
45BIMA$300mSwedenInsurtech0
46PayFit>$280mFranceService to Finance0
47Tink$270mSwedenBank as a Service0
48Alan>$250mFranceInsurTech0
49Younited Credit>$250mFranceLending0
50Curve>$250mUKService to Finance0

* Valuation expressed in other terms than exact figures represent estimates made by Invyo 

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25 COMMENTS

  2. […] firms are Europe’s most valuable fintech statups and companies in Europe, according to data from Invyo, CB Insights and the Booster […]

  6. It seems very interesting to actually see how UK is a very dominating country what comes to Fintech, to consider that the rest of Europe is quite lacking behind in this direction, considering Germany being number 2 in the list, however not having even half of the companies of those from UK.
    There is another really cool and interesting article talking about the best fintech startups in Europe:
    https://valuer.ai/blog/best-fintech-startups-in-europe/

  7. I can not talk for uk or germany but i can testify that the most valuables french fintech are not in this list. What about nickel,october, leetchi, qonto etc…These are the reigning stars and the most valuable fintech in France so i can hardly understand they absence.

    • Hi,
      Thank you for your comment!
      The most valued french Fintech are appearing: Ledger, PayFit, Alan, Younited Credit, etc.
      According to our estimates, Qonto or Leetchi are not exceeding 250M$ in valuation.
      As per Nickel, it has been bought by BNPP for around 200M€. Finally, there is not enough data on October to argue that the valuation exceeds 250M$.
      Would love to hear from you if you have any insider data on these companies.
      Best regards,
      INVYO Team

  8. Hi!
    My name is Adin and I am working at Pleo as a Content Producer.
    I am happy that you featured us as on of the Top 50 most valued fintechs in Europe. I noticed that you written Pleos coming Norway – the correct country is Denmark fyi.
    Thank you once again and looking forward to climbing the list!
    Best Regards,
    Adin

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