DeFi protocols avoid EU’s MiCA regulation but need to be “fully decentralized”
Key European DeFi investment stats in 2023:
· European DeFi deal activity reached 72 deals in 2023, a 43% drop from 2022
· European DeFi companies...
European Blockchain & Digital Asset deal activity falls as Bitcoin reaches new highs
Key European Blockchain & Digital Asset investment stats in 2023
• European Blockchain & Digital Asset companies raised a combined $1.5bn in 2023, a 70%...
European InsurTech companies raise over $10bn since 2019
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
The UK dominated European PayTech in 2023 with a 40% share of total deals
Key European PayTech investment stats in 2023:
• European PayTech companies raised a combined $1.5bn in 2023, a 81% drop from 2022
• European PayTech deal...
40% of the UK’s top 10 FinTech seed deals were ESG in 2023
Key UK FinTech seed deals investment stats in 2023
· UK FinTech seed deal activity reached 287 deals in 2023, a 34% drop from 2022
·...
Irish FinTech deal activity drops for the fifth consecutive year in 2023
Key Irish FinTech investment stats in 2023:
• Irish FinTech companies raised a combined $115m in 2023, a 83% drop from 2022
• Irish FinTech deal...
Banks identify data as the biggest ESG challenge in 2024
As part of KPMG research, 111 banks from more than 20 countries have answered questions on their progress on and challenges with taking new...
Financial Institutions are shifting their workload to the cloud in 2024
This research was derived from a 2023 survey conducted by McKinsey and The Institute of International Finance of 37 financial services companies around the...
French InsurTech funding hit five-year low in 2023
Key French InsurTech investment stats in 2023:
• French InsurTech companies raised a combined $94m in 2023, a 60% drop from 2022
• French InsurTech deal...
India’s government incentivises FinTechs with 50-year interest free loans in 2024
Key Indian FinTech investment stats in 2023:
• Indian FinTech companies raised a combined $3.2bn in 2023, a 49% drop from 2022
• Indian FinTech deal...
