Fintech in Germany

There is a lot of talk around about ‘fintech’ (technical applications for financial services) and in Germany the intersection of technical competency, a large financial sector, and venture funding are coming together to supercharge the sector.

Since 2013, investments have increased by a factor of 4, seed funding is growing, and a well defined hub is emerging between several localities (Berlin, Rhein-Main-Neckar, and Munich). All of this means that Germany could become one of the most dynamic clusters in Europe and a rival to similar clusters in the UK and the US.

This is certainly the case in equity crowdfunding, which saw the establishment of 150 portals and approximately $70 million raised. Local placements in Berlin, Rhein-Main-Necker region, and Munich have seen solid funding rounds. Most significantly the Rhein-Main-Necker region, which has proximity to the rest of Europe, many financial institutions, and is supportive of the investor landscape.

So, will fintech become GermTech? What this space…

Photo credit: “”. Material used in the preparation of this article has been drawn from Crowdfund Insider.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s