Monzo is on track to be the most downloaded UK banking app in 2024
Key banking app stats from 2017 – August 2023:
• Banking app downloads in the UK combined total stands at 119.5m as of August 2023
•...
Israeli FinTech funding on track to half in 2023 as average deal size declines
Key Israeli FinTech investment stats in H1 2023:
• Israeli FinTech companies raised a combined investment of $617m during the first six months of 2023,...
Portuguese FinTech deal activity on track for new record in 2023
Key Portuguese FinTech investment stats in H1 2023:
• Portuguese FinTech deal activity reached 17 transactions in H1 2023, an 88% increase from H1 2022
•...
French FinTech on track to hit lowest investment levels for past five years
French FinTech investment stats in H1 2023:
• French FinTech companies raised a combined $521m in H1 2023, an 84% drop YoY
• French FinTech companies...
California accounts for more than a quarter of US FinTech deals in H1 2023
Key US FinTech investment stats in H1 2023:
• California was the most active US state for FinTech investmenbt with a 26.8% share of all...
UK remains the most active FinTech seed deal country in Europe during H1 2023
Key European FinTech seed investment stats in H1 2023:
• European FinTech seed deal activity is on track to reach 714 deals in 2023, a...
European WealthTech has seen a major fall in investment in H1 2023 compared to...
In the first half of 2023, European WealthTech firms raise a combined funding of $553m, marking a substantial 90% decrease compared to the same...
European InsurTech on track to report lowest investment since 2019
Key European InsurTech investment stats in H1 2023:
• European InsurTech deal activity is on track to reach 154 transactions in 2023, a 28% reduction...
New unicorns tick up in August led by FinTech companies
Of the three companies that reached unicorn status in August 2023, two were FinTechs highlighting the continued faith in the sector shown by investors The...
Belgian FinTech investment drops to lowest level since 2019
Key FinTech investment stats in Belgium during 2019 – H1 2023
• Belgian FinTech deal activity is on track to reach 20 transactions in 2023,...
