Fintech is Europe’s Largest Startup Sector

Over the last 3 years fintech has accounted for 20 percent of all growth stage funding across Europe, more than $6bn has been invested into the sector; the data was collected by and Stripe; London was the top market overall for growth stage capital, accounting for almost 30 percent of the almost $34bn invested; France and Germany were beginning to make some headway on the UK, France was up 27 percent and Germany was up 26 percent while the UK fell 3 percent; “The European startup ecosystem is on the right track to create technology giants in the years to come,” said Guillaume Princen, Head of Continental Europe at Stripe. “Seed investment is strong and growth investment is getting stronger, year after year.” Source.