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
•...
Combined French banking app downloads increase 31% in 2023 YoY
Combined French banking app downloads reached a total of 73m downloads by the end of 2023, that’s 24% higher than Germany’s total banking app...
Singaporean FinTech deal activity sees 42% drop in 2023
Key Singaporean FinTech investment stats in 2023:
• Singaporean FinTech deal activity totalled at 135 transactions in 2023, a 42% reduction from 2022
• Singaporean FinTech...
