Germany's FinTech Unicorns: The Full List

Of the roughly 1,024 active FinTech companies we track in Germany, 15 have reached a valuation of $1 billion or more at some point — the classic threshold for "unicorn" status. The newest arrival is Moss, which crossed the billion-euro mark for the first time in early August 2026. Together the 15 represent tens of billions of euros in value, concentrated overwhelmingly in a small number of categories and cities.
► View the complete list of FinTechs and our interactive map with all details.

The current list

Ranked by their last recorded valuation, in euros:

• Trade Republic — €12.5bn — Düsseldorf — Capital Markets
• N26 — €8.5bn — Berlin — Banking
• SumUp — €8.0bn — Berlin — Payment and Remittance
• Mambu — €5.1bn — Berlin — Banking Software and API
• wefox — €4.3bn — Berlin — Insurance
• flatexdegiro — €4.0bn — Frankfurt am Main — Capital Markets
• Qontigo — €3.45bn — Frankfurt am Main — Capital Markets
• Raisin — €2.0bn — Berlin — Investment
• Scalable Capital — €1.5bn — Munich — Asset and Wealth Management
• smava — €1.1bn — Berlin — Lending
• FINN — €1.0bn — Munich — Other FinTech
• Grover Group — €1.0bn — Berlin — Marketplace
• Moss - Nufin — €1.0bn — Berlin — Payment and Remittance — newest unicorn, August 2026
• SellerX — €0.95bn — Berlin — Investment
• taxfix — €0.95bn — Berlin — Tax

SumUp is a German-British FinTech headquartered in both Berlin and London. flatexdegiro is a publicly listed company, and its "unicorn" status here reflects market capitalisation rather than a private funding round.

Moss's billion-euro valuation followed a €30 million funding round at the start of August 2026, first reported by Handelsblatt — making the Berlin-based spend-management platform Germany's newest FinTech unicorn.

Where the value concentrates

Berlin dominates: 9 of the 15 unicorns are based there, reflecting the city's two-decade head start as Germany's startup capital. Frankfurt am Main, home to the ECB and Deutsche Börse, accounts for two — both in capital markets infrastructure. Munich contributes two, and Düsseldorf one.

By category, Capital Markets is the single largest cluster with three unicorns (Trade Republic, flatexdegiro, Qontigo), followed by Payment and Remittance and Investment with two each. The remaining categories — Banking, Banking Software and API, Insurance, Asset and Wealth Management, Lending, Marketplace, Tax, and Other FinTech — each contribute exactly one. It is a narrower spread than the ecosystem's overall category diversity would suggest, and consistent with what tends to reach billion-euro scale fastest: consumer-facing trading and banking products with large addressable markets.

A note on methodology

We flag a listing as a unicorn when its recorded valuation is at or above the euro-equivalent of $1 billion at prevailing exchange rates — which is why SellerX and taxfix appear here at a nominal €0.95bn. Valuations reflect the last publicly reported figure for each company and are not updated in real time between funding rounds; a company's actual current valuation may differ.

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