4th fintech forum: deal highlights
TRANSCRIPT
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FinTech Deal Highlights
Samarth Shekhar Co-Founder, FinTech Forum | Founder & MD, TechFluence
19th March, 2015, Frankfurt am Main
FinTech Forum a BankITX and TechFluence initiative
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FinTech VC investments 2014
• Global FinTech investments: $5.3 B1 via 328 deals
– $930M in 2008, ~$3B in 20132
• Of which:
– US $3.29 B1 via 162 deals: over 2x of 2013 amount
– Europe $1.1 B1 via 82 deals: over 5x of 2013 amount
• Europe FinTech investments
– UK $549 M3 (~50% of Europe total)
– D.A.CH ~$175 M4 (~18% of Europe total)
Sources: 1) Financial News : Record year for global FinTech investments 2) Accenture: The Boom in Global FinTech Investments; 3) Finextra: Johnson flies the flag for London’s fintech sector 4) TechFluence estimates based on publicly available information – no liability for errors.
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$250 M Adyen: outsourced multi-channel payment solution
$150 M Square: merchant payments / financial services aggregator
$150 M Stripe: online payment solution for merchants
$130 M Renrendai: P2P lending
$85 M Credit Karma: credit score and financial management
$80 M Sofi: Student loan consolidation & refinancing
$80 M Powa Technologies: international (e-/m-) commerce
$77 M OnDeck: Business / SME lending
$75 M Avant Credit: Personal loans
$65 M Funding Circle: P2P business lending
$870 M raised at ~ $8.9 B valuation
$200 M raised at ~ $1.3 B valuation
Global Top 10 FinTech Investments in 2014
IPOs
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Highlights: FinTech Market Movements / Deals
• Payments: Retail
– LoopPay / Samsung
– iTunes –> ApplePay
• Payments: Merchant Acquiring
– iZettle / Santander
– SumUp / AmEx, GroupOn, BBVA…
• Lending
– LendingClub / AliBaba
• Mobile Banking
– BBVA acquired Simple for $117 m
– Alipay acquired $92 B in deposits in 2014: all via mobile
• Investment Management:
– Nutmeg acquired by Schroders
In the future, BBVA will be a software company - Francisco Gonzalez
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~$175 M in 2014: D.A.CH. FinTech Funding Map
€4 M: Vogel Ventures, High-Tech Gründerfonds, MCB Salt etc. N.A.: SevenVentures
€4 M: Target Partners, Mercura Capital, Mercury Capital
N.A.: DvH Ventures N.A.: Orange Growth Capital, Redalpine Venture Partners
N.A.: DvH Ventures
N.A.: DvH Ventures ~€42 M: Värde Partners, Point
Nine, Blumberg, Kreos etc. €13 M: Access Industries, Holtzbrinck Ventures etc.
~€13 M: Foundation Cap, Partech, Scott Bommer etc.
“multi-mn €”: Berlin Tech Holding, ALSTIN etc.
“double-digit mn”: Life.SREDA
€ 3 M: private / multiple investors
€ 4 M: Zobito, Target Partners
€ 2.5 M: Route 66 Ventures €6 M: SpeedInvest, VHB Ventures, Lang & Schwarz etc.
€2.5 M: Luminor Capital
“multi-mn €”: Li Ka-Shing / Horizons Ventures, VantageFund (Australia)
N.A.: FinLeap, Point Nine Capital, DvH Ventures
€4.2 M: SBT Venture Capital, Orbium, Polytech Ventures
€0.2 M: Point Nine Capital, Nelson Holzner (BillPay CEO)
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* TechFluence estimates for www.FinTechForum.de as of
Dec. 2014 @FinTechForum_DE
N.A.
€12 M: main incubator, Software AG
N.A.: main incubator, Check24, T-Venture
€8 M+
€68 M+
€19 M+
€11 M+
€ multi-mn
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Germany / D.A.CH 2015: Key Deals (so far)
• Kreditech Gets $200M Credit Line from Victory Park Capital
• Kreditech acquires Poland’s Kontomierz
• Finanzcheck.de gets over €10m from Highland Capital
• Lendstar partners with comdirect for P2P Finance App
• Lendstar wins funding from DVH Ventures
• Simplesurance raises $8 M from Route 66 Ventures, former investors and a US Fortune500 insurance company
• Temenos acquiring Multifonds (asset management tech provider)
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THANK YOU & ALL THE BEST!
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