Our German FinTech database comprises 1 050 startups in total, including closed ones.
► View the complete list of FinTechs and our interactive map, with all details.
A decade of solid ecosystem growth appears to be coming to an end. In 2021, 62 new FinTechs were still founded, but 31 also were closed and 21 acquired. In the first quarter of 2022, five new FinTechs were offset by four closed and three acquired.
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.
Insurance has become the dominant FinTech vertical in Germany, followed by Payment & Remittance and Blockchain & Digital Assets.
Banking is still the FinTech vertical with the highest ecosystem valuation of €10.7 billion, driven by the leading German FinTech unicorn N26. Capital Markets follows with an accumulated valuation of € 6.3 billion, mainly based on the success of Trade Republic.
Revenue growth significantly accelerated in 2021, at least for the few FinTechs which have already reported their financials.
Average and median EBITs are positive in 2021 for the first time.
► View our complete statistics for Germany (for our Silver and Gold subscribers only)
► Download our research reports for various FinTech ecosystems, including Germany (some reports for Gold subscribers only)