Germany is reportedly seeing a boom in FinTech venture capital investment at the beginning of 2021.
In Brief:
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This is according to a report by Barcow Consulting.
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FinTech investments were at a volume of €275mn in January 2021.
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This followed a year on year decrease of 20% in 2020.
What does this mean?
Following a year that only saw €1.38bn in total FinTech investments, 2021 is off to a healthy start – the healthiest ever, in fact, apart from 2019. There have been nine FinTech deals worth at least €10mn and the report also mentions a further 13 in the pipeline.
