European FinTech Trends, 2017
A Frontline Ventures x DN Capital collaboration
2017 has been a sensational year for European FinTech.
The £9.1b acquisition of WorldPay, $100m Series F of Funding Circle, record VC investment, record lending volumes, millions of users joining challenger banks — while Europe undergoes a massive regulatory overhaul, make FinTech arguably the most exciting sector in startups and venture capital.
In this 70-slide presentation you will find some info that may surprise you:
- The pace of online lending in the UK has increased 2.5x over the past 2 years from £3.1b to £8.3 in 2Q 2017.
- On average UK banks have a shockingly low NPS of +2, including the UKs largest bank (by market cap) at -24.
- Robo-advisors may find themselves in a tough spot as 4/5 big banks plan on launching a robo-advisor service.
- European InsurTech practically didn’t exist 3 years ago, now accounts for roughly 10% of total FinTech funding.
A big thank you to Piotr Pisarz at DN Capital and to Sophie Winwood at Innovate Finance for making this deck happen. You can download the PDF directly here.
Frontline Ventures is a seed stage venture capital fund focused on B2B and enterprise software. If you are building the next world beating B2B startup contact thomas@frontline.vc.
