Frankfurt – An Emerging FinTech Gem in Changing Europe

Frankfurt – An Emerging FinTech Gem in Changing Europe

According to MEDICI data, Germany’s FinTech landscape counts ~475 companies. While FinTech companies in Germany collected €400 million for the whole of 2016, the inflow of capital had already reached €307 million in H1 2017. The number of deals also went up, as did the average size of the deals, rising from €7 million to €7.3 million, Frankfurt Main Finance , the financial center initiative for Frankfurt am Main, reports. The full market potential for FinTechs in Germany is estimated at €1.7 trillion (€380 billion in financings and €1.3 trillion in wealth management). Of this market, FinTechs are expected […]