teaser: 1st study of fintech startups in germany, austria & switzerland
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Teaser: 1st Study of FinTech Startups in Germany, Austria & Switzerland. FinTech Forum DACH.TRANSCRIPT
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Insights and opportunities for German / DACH FinTech startups & SMEs, investors, banks, and M&A teams
Summary: 1st Study of FinTech Startups in DACH Covering 100 Startups in Germany, Austria & Switzerland
Interested in the complete study? Email: [email protected]
Register for our next event: http://fintechforum.de
Friday, 9th May, 2014 in Frankfurt
FinTech Forum DACH a BankITX and TechFluence initiative
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1st Study of FinTech Startups in DACH Summary of Results
• Financial centres like Frankfurt, Munich and Zürich make a strong appearance on the FinTech startup map – Highlights the fact that FinTech startups require – in addition to a
startup and VC scene - an ecosystem of banks and ex-bankers
• A jump in the number of startups founded just after 2008-09 – Perhaps reflects the loss of confidence with banks / FS providers
– Re-circulation of banking talent into innovative FinTech firms: “Revenge of the Nerds” (The Economist, 3rd August 2014)
• Quite a few older firms between size 11-50 staff or more – Could be firms with good growth with the same team size
– Could be simply lack of ambition: and targets for acquisitions
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Our Study of FinTech Startups in DACH Initial Results (n=100)
0 5 10 15 20 25
Banking & Corporate Finance
Capital Markets/Trading
Crowdfunding/Crowdinvesting
Data Analytics
Payments
Personal Financial Management
Security
Split by FinTech Type
0
5
10
15
20
25
Older Y-2008 Y-2009 Y-2010 Y-2011 Y-2012 Y-2013
Split by Year Founded
0 10 20 30 40 50
1 to 10
11 to 50
51 to 200
Split by Size (No. of Staff)
0
5
10
15
20
25
Split by Location Clusters
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FinTech Startup Map