Top 10 largest fintech companies in Europe
Business Chief EMEA takes a closer look at the top 10 fintech companies in Europe, ranked by their value.
Including the likes of Klarna, Transferwise, Monzo and N26, Business Chief EMEA ranks the top 10 fintech companies in Europe by value. Read now to find out who ranks at number one!
Adyen — US$8.3bn
Founded in 2006 by Pieter van der Does and Arnout Schuijff, Adyen was designed to help businesses grow. Adyen’s ambition was to build a platform capable of meeting rapidly evolving needs of fast growing global businesses.
“The Adyen platform enables merchants to accept payments in a single system, enabling revenue growth online, on mobile devices and at the point of sale.”
Location — Netherlands
Sector — Payments
Image source: Adyen
Nexi — US$8.2bn
Founded in 1939, Nexi is committed to the future of payments. Over the years, Nexi has evolved with the changing financial landscape. With that evolution Nexi believes that cash payments have been superseded by technology.
“People and Companies will soon only be making and accepting digital payments, every day, for everything. Because it is simpler, safer and more efficient. Because it means development and progress for everyone.”
Location — Italy
Sector — Payment, loyalty, Transfer, Fx
Image source: Nexi
Klarna — US$5.5bn
Established in 2005, Klarna’s ambition is to make it easier for people to shop online. Today, Klarna is one of Europe’s largest banks that provides payment solutions for 85mn consumers in 17 countries.
“In the last 15 years, technology has evolved, excited and transformed the world around us, yet our mission remains as relevant as ever, to make paying as simple, safe and above all, smoooth as possible.”
Location — Sweden
Sector — Payment
Image source: Klarna
Greensill — US$3.5bn
Founded in 2011, Greensill is a leading provider of working capital finance for businesses and people. Greenhill provides its customers with Supply Chain FInance in Europe, North America, Latin America, Africa and Asia. The company works with multiple banks and institutional investors to provide funding streams to underpin the process.
Location — UK
Sector — Funding
Image source: Greensill
Transferwise — US$3.5bn
Founded in 2010, Transferwise is a digital money transfer company that believes sending money should be low in cost, fair, easy and fast.
Location — UK
Sector — Payment
Image source: Transferwise
N26 — US$3.5bn
Founded in 2013 with the ambition to build the world’s first digital bank. N26 believes that a bank should be as mobile and flexible as its customers.
“Technology streamlines your life. It’s given us the power to offer our customers more choice, better protect their money, and make banking simple and fast. We believe that managing your finances doesn’t need to be complex. This is modern banking, created for our century.”
Location — Germany
Sector — Neobank
Image source: N26
Oaknorth Bank — US$2.8bn
Founded in 2013, Oaknorth Bank’s mission is to help UK entrepreneurs and fast growing businesses achieve their potential with access to fast, transparent and flexible lending solutions.
Location — UK
Sector — Neobank
Image source: Oaknorth Bank
Monzo — US$2.5bn
Founded in 2015, Monzo strives to make banking better. “We’re focused on solving problems, rather than selling financial products. We want to make the world a better place and change people’s lives through Monzo.”
Location — UK
Sector — Neobank
Image source: Monzo
Funding Circle — US$2.4bn
Founded in 2010, the Funding Circle strives to “ignite opportunities for businesses and investors by providing a better deal for everyone.”
Funding Circle provides fast, easy access to funding in order to grow, create jobs, support local communities and drive the economy forward.
Location — UK
Sector — Lending
Image source: Funding Circle
Izettle — US$2.2bn
Founded in 2010, Izettle’s vision is to help small businesses succeed. “Today, our commerce platform for small businesses in Europe and Latin America provides tools to get paid, sell smarter and grow your business. We are committed to developing our set of powerful tools to level the playing field for small businesses.”
Location — Sweden
Sector — Payment
Image source: Izettle
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