- The Blockchain & Cryptocurrencies wave in the DACH region continues with huge investments recorded in 2022 The Blockchain & Cryptocurrencies sector continued to be the most dominant accounting for 17% of total deal activity in the DACH region and 19% of total capital invested.
- SEBA Bank, a digital asset banking platform, was the largest deal so far in 2022 raising $120m in their latest Series C funding round led by DeFi Technologies. SEBA Bank is creating a seamless connection between traditional and digital assets and will use the new funding to expand into new regions including the Middle East.
- Overall deal activity so far this year in the region is down 18% compared to 2021’s levels. Germany accounted for the most deals in the DACH region so far in 2022 with 70 in total (64% of total deals in the region) and $1,041m in capital raised (66% of total investment in the region). Switzerland had 33 deals in total and Austria had six deals in total.
The data for this research was taken from the FinTech Global database. More in-depth data and analytics on investments and companies across all FinTech sectors and regions around the world are available to subscribers of FinTech Global. ©2022 FinTech Global