Fintech business in Europe

Published:
September 27, 2022
amsterdam 4045137 1280

Europe has one decacorn at the beginning of 2021. Currently, it has three, and it appears that the continent is currently experiencing a financial technologies frenzy that will leave behind a large number of more decacorns. So, obtaining a fintech company in Europe is a beautiful start for trade. If you are attracted to a company in Europe for sale, Eli Deal’s specialists can help you handle the purchasing.

What is a decacorn and unicorn?

Decacorns are start-ups with a $10 billion valuation. This would indicate that businesses have reached their last stage of development, and while the majority are still concentrated in the USA or China, decacorns of Europe are also beginning to spread more widely. Decacorns from Europe include Revolut, Wise, Deliveroo, and Adyen.

The 3 financial technology decacorns that have emerged on European soil are Klarna, Revolut, and Checkout. With accordance with Crunchbase statistics, these 3 businesses are closely followed this year by 19+ fintech start-ups that have achieved unicorn status.

This sharp increase in highly prized fintech firms in Europe demonstrates the crucial role that the region is playing in upending important financial industries including transactions, banks, insuring, loans, trade, and digital commerce.

According to the statistics, 2021 has already broken records for private equity exits for financial institutions in Europe, demonstrating the industry’s obvious development.

Between January and July, fintech exits banked VCs a total of $70 billion globally, mostly through substantial public listings such as that of crypto exchange Coinbase. Around 20% of the overall number came from European departures.

Additionally, this has been a remarkable year for start-ups in Europe throughout all industries, with more companies than ever achieving the prized unicorn status. This expression is used to describe start-ups with a $1 billion valuation. There are currently 125 commercial enterprises called unicorns, all of which have their corporate headquarters in Europe.

The field of financial services is host to 39 of those businesses, or close to one-third of them, making the fintech sector one of the continent’s top producers of unicorns. So, a fintech company in Europe for sale is a desirable one.

Enhancing economic growth between the United Kingdom and European Union

Considering the tumultuous relationship between the EU and the UK, the growth of UK financial technologies have been a much-welcomed improvement to the continent’s financial system.

Although the specter of Brexit’s consequences is hanging over the nation, the United Kingdom has done everything possible to entice fintechs. As a consequence, the UK outperformed Germany, which was ranked second on the list, in terms of fintech investment rounds in 2017 and 2020.

TrueLayer, a London-based business that achieved unicorn status in September 2021 following a $130 financing round from investment company Tiger Global Management and payments powerhouse Stripe, is one recent example of the UK’s link with the EU being kept all through the financial technologies sector.

Leading European Fintech Companies

  • Bankera
  • Yields.io
  • Spendesk
  • Finanbest
  • Next
  • Arbor
  • Binance
  • Billie
  • Raisin
  • Kreditech
  • N26
  • Klarna
  • TransferWise
  • True Layer

Pros of doing trade with company with soft in Europe

  • The second-largest economy in the world is that of the EU.
  • Freedom of movement for people, money, products, and services inside a single European Union internal marketplace.

As a result, enterprises may cut expenses by skipping intra-EU trade tariffs. Additionally, businesses are free to recruit any person in the EU, tenfold expanding their talent pool.

  • Flexibility of mobility expands the market.

An EU nation has 18 million inhabitants on average. The population of the EU as a whole is little over 500 million people with free borders. The possibilities for businesses are significantly improved by the larger market.

  • There are several EU programs available to support small and medium-sized businesses (SME’s).

These initiatives aid in gaining access to capital and markets and promote maturation, internationalization, and entrepreneurship.

  • Rapid blossoming of technologies and the possibility of implementation.

Thus, if you are attracted to a fintech company for sale in Europe, Eli Deal’s attorneys are ready to help you with the registration and buying process.

Our specialists will help you choose the best option among various businesses for sale. Feel free to contact us anytime.

Related insights

What is important to know when buying Property in Turkey?

Whether you’re considering purchasing a holiday home, an investment in property, or relocating permanently, buying real estate in Turkey can be a rewarding venture. However, like any possessions purchase, it requires careful consideration and research to ensure a smooth transaction and avoid potential pitfalls. In this guide, we’ll explore the key factors to keep in…

Read more 21.03.2024

Top 6 Promising Countries for Real Estate Investment in 2024

In the dynamic world of Investment in Real estate, identifying promising terminus is essential for maximizing returns and mitigating risks. As we navigate through 2024, several states stand out as hotspots for real-estate funding, offering lucrative possibilities and favorable field conditions. From emerging fields to established hubs, investors are eyeing these top six states for…

Read more 14.03.2024

Forex dealer license in Samoa

Admission to foreign-sourced currencies deals is granted to those financially-set establishments, monetary transfer operators and exchange-offices officially-licensed by local regulative authorities – Central Banking facility. Possession of such a permit grants  rights to spread currencies exchanging services for capital-holders and corporate clients.  Possibilities and privileges of Forex-business in Samoa Conducting brokerage-activities on FX-platforms provides stable…

Read more 26.02.2024

Fund in Luxembourg

Because of its privileged location in central part of Europe and widely-extensive expertise in field of financial tools and mechanisms, this duchy remains in demand among entrepreneurs wishing to establish funding structures locally. Commonly-choosing status of the center in EU and second most-considered essential on global level after USA is because of well-developed regulative basis;…

Read more 26.02.2024

Forex Dealer License in Solomon Islands

In a rapidly-evolving financial environment, forex-markets are a rather complex and dynamic space. For those seeking to launch a brokerage firm in this country, getting foreign exchange dealer license is mandatory in accordance with local national laws. Forex trading legal in Solomon Islands: preparation for operation Getting money changer license starts directly with officially-approved registration…

Read more 26.02.2024

Crypto regulation in South Africa

Jurisdiction is quite welcoming and supportive of cryptoassets and promotes their active implementation in local market-spaces. Regulative framework-basis for crypto-sphere is quite ambiguous, nevertheless, any activities in crypto-market are covered by strict control. Country doesn’t set a single law governing crypto-currencies, but there’re a plenty of different normative acts applying to this niche, incl. Exchange…

Read more 26.02.2024

MSB license in Dubai

Dubai International Financial Center is rapidly becoming recognized as a premier hub for MEASA. According to the Global Index, published in March 2023, Dubai occupies a leading position among financial centers in the region. Over the past five years, Dubai has consistently maintained its high position worldwide, specifically for capital-holders wishing to enter financial services…

Read more 29.01.2024

Crowdfunding in Portugal

Such schemes in Portugal continue to expand. Country’s regulator has registered six management companies operating crowdfunding resources, predominantly in area of lending. As industry develops and the number of participants grows, changes are possible due to the adoption of the Regulation on European agents providing crowdfunding services for business-projects. There may also be a move…

Read more 24.01.2024

How to begin a Cook Islands Trust in 2023

In the realm of multinational affluence governance and acquisition safety, trust-companies have long been regarded as powerful tools for safeguarding purchases and ensuring monetary privacy. The Cook Islands, nestled in the heart of the South Pacific, has emerged as a jurisdiction of choice for establishing trust-companies due to its robust lawful substructure and favorable adjustments….

Read more 22.12.2023

Investment fund in UAE

The United Arab Emirates (UAE) has emerged as a global monetary powerhouse, renowned for its dynamic enterprise circumstances, strategic location, and depositor-friendly policies. One of the key drivers of the UAE’s monetary success is its robust acquisition landscape, which includes a diverse range of possibilities for local and global depositors. In this article, we will…

Read more 19.12.2023

Forex License in Estonia

In recent years, Estonia has emerged as a favorable destination for enterprises seeking to establish themselves in the European Union. The country’s progressive adjustment circumstances, digital infrastructure, and business-friendly policies have attracted a diverse range of industries, including the economic sector. Among the economic favors gaining traction is the FX(foreign exchange) industry, and many entrepreneurs…

Read more 15.12.2023

ESMA urges crypto-market contributors to begin conditioning for the transition to the MiCA adjustment

The world of cryptos is evolving rapidly, and adjustment bodies are striving to keep pace with this dynamic landscape. The Euro Securities and Markets Body (ESMA) has recently issued a clarion call to all cryptomarket contributors, urging them to start gearing up for the transition to the Markets in Crypto Acquisitions (MiCA) adjustment. As the…

Read more 12.12.2023