New FinTech unicorn activity remains subdued with just two new entries in February
Overall there were two new FinTech unicorns in February 2024, double the amount in January and a 22% share of total new unicorns in...
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...
New FinTech unicorn activity remains subdued with just two new entries in February
Overall there were two new FinTech unicorns in February 2024, double the amount in January and a 22% share of total new unicorns in...
WealthTech companies raise half of the top 10 FinTech deals in the Nordics
Key Nordic FinTech investment stats in 2023:
• Nordic FinTech companies raised a combined $414m in 2023, a 83% decline from 2022
• Nordic FinTech deal...
WealthTech companies raise half of the top 10 FinTech deals in the Nordics
Key Nordic FinTech investment stats in 2023:
• Nordic FinTech companies raised a combined $414m in 2023, a 83% decline from 2022
• Nordic FinTech deal...
Nigeria retains top spot in Africa for early stage FinTech investment in 2023
Key African FinTech seed investment stats in 2023 • African FinTech seed deals totalled at 116 transactions in 2023, a 49% drop from 2022 • African...
Aggregate UK insurance app downloads increase 41% in 2023 YoY
Combined UK insurance app downloads totalled at 21.7m as of Jan 1st 2024, a 41% increase from the start of 2023. Combined downloads in...
Almost 9 in 10 investment firms are seeing performance gains from implementing WealthTech solutions
ThoughtLab conducted a comprehensive survey in September / October 2023 of 250 investment providers. These include broker-dealer/wire-houses, private banks, online trading platforms, wealth management...
The UK dominates European Lending Tech in 2023 with a 47% share of total...
Key Lending Tech investment stats in 2023:
• European Lending Tech deal activity totalled at 43 transactions in 2023, a 45% decrease from 2022
• European...
UK remains the leading InsurTech hub in Europe as investment nearly halves in 2023
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
