German FinTech funding almost came to a standstill in Q4 2022. After Q2, funding stood at €3 bn and reached the record levels of 2021, but slowed down significantly in Q3.
After an exceptional 2021 with record funding volumes of €5.5 billion, 2022 got off to a much slower start. German FinTechs have raised €0.5 billion so far.