New research by Stripe and Tech.eu looked at late-stage tech funding across Europe
- 2019 has been a record year for late-stage investments in European tech companies with 52 deals of €100m (£86m) or more.
- Funding rounds by N26, Transferwise and Monzo is fueling the surge.
- The positive trend is set to continue through 2019 thanks for potential funding rounds for Revolut and Lillium.
What this means
As all associated with FinTech Alliance know, Europe is undergoing major changes in the banking, finance, and insurance sectors. FinTech innovation is at the heart of this shift and investors see the new challengers as solid future growth.