歐洲金融科技行業(yè)市場前景及投資研究報告-培訓(xùn)課件外文版2024.5

DIGITAL

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TRENDSFintechinEuropeCHAPTER

01OverviewNumberoffintechstartupsworldwidefrom2018to2023,byregionNumberoffintechstartupsworldwide2018-2023,byregionAmericasEMEAAPAC**30,00025,00020,00015,00010,0005,00005,0619,6816,2689,3234,7657,3852,8643,5812,8493,58311,6512023*10,75520218,77520205,68620185,77920194Description:AsofMay2023,therewere11,651fintech(financialtechnology)startupsintheAmericas,makingittheregionwiththemostfintechstartupsglobally.Incomparison,therewere9,681fintechstartupsintheEMEAregion(Europe,theMiddleEast,andAfrica)and5,061intheAsiaPacificregion.In2023,theUnitedStatesrankedfirstintermsofthenumberoffintechunicornsglobally,havingroughlyfivetimesmoreofthesecompaniesthantheUnitedKingdom,thatrankedsecond.ReadmoreNote(s):2018toNovember2021Source(s):BCG;CrunchBase;LeadingfintechunicornsinEuropeasofApril2023,bymarketvaluation(inbillionU.S.dollars)BiggestfintechunicornsfromEuropebasedonmarketvaluein2023Country

oforiginUnitedKingdomUnitedKingdomUnitedKingdomGermanyLastknown

valuationRevolut3314BCN26119.238.758.5RapydUnitedKingdomUnitedKingdomSwedenSumUpKlarna6.7MollieNetherlands6.55Description:AsofApril2023,RevolutwasthefintechcompanywiththehighestmarketvaluationinEurope.TheLondon-basedneobankhadamarketvaluationof33billionU.S.dollars.In2022,Revoluthadmorethan25millioncustomers,makingitthemostwidelyusedneobankinEurope.BwasthesecondlargestfintechunicorninEurope,withamarketvalueof14billionU.S.dollars.ReadmoreNote(s):Europe;April7,2023Source(s):CBInsightsNumberoffintechusersinEuropefrom2017to2027,bysegment(inmillions)NumberoffintechusersinEurope2017-2027,bysegmentDigitalassetsDigitalinvestmentsDigitalpaymentsNeobanking7006005004003002001000201720182019202020212022202320242025202620276Description:ThenumberoffintechusersinEuropeisforecasttoincreaseannuallybetween2023and2027inallsegmentoftheindustry.Asof2023,therewasanestimated841.5millionfintechusersinEurope,withthedigitalpaymentssegmentaccountingforthelargestshareofusers(550.5million).By2027,thenumberoffintechusersisexpectedtoexceed990million.FurtherinformationandmethodologynotescanbefindinStatista'sDigitalMarketInsights.ReadmoreNote(s):Europe;2017to2023;datashownisusingcurrentexchangeratesandreflectsmarketimpactsoftheRussia-UkrainewarSource(s):DigitalMarketInsightsTransactionvalueoffintechusersinEuropefrom2017to2027,bysegment(in1,000U.S.dollars)FintechtransactionvalueperuserinEurope2017-2027,bysegmentAlternativefinancingDigitalpaymentsNeobanking1009080706050403020100201720182019202020212022202320242025202620277Description:TheaveragetransactionvalueoffintechusersinEuropeisforecasttoincreaseannuallybetween2023and2027inallsegmentoftheindustry.Asof2023,theaveragetransactionvalueperuserwasestimatedtoberoughly103,000U.S.dollars,withalternativefinancinghavingthehighestaveragetransactionvalue.By2027,thevalueoftransactionvalueperuserisexpectedtoexceed133,000U.S.dollars.FurtherinformationandmethodologynotescanbefindinStatista'sDigitalMarketInsights.

ReadmoreNote(s):Europe;2017to2023;datashownisusingcurrentexchangeratesandreflectsmarketimpactsoftheRussia-UkrainewarSource(s):DigitalMarketInsightsFintechtransactionvalueinEuropein2023,bycountry(inbillionU.S.dollars)FintechtransactionvalueinEurope2023,bycountryTransactionvalueinbillionU.S.dollars600

80002004001,0001,2001,215.431,400UnitedKingdomFrance471.47456.28NetherlandsGermanySwitzerlandItaly354240.55233.56Sweden168.11162.53149.28144.24137.21SpainDenmarkIrelandBelgiumPortugal80.378Description:In2023,thevalueoffintechtransactionsexceeded1.2trillionU.S.dollarsintheUnitedKingdom,makingittheEuropeanmarketwiththehighestfintechtransactiongenerated.TheUnitedKingdomwasfollowedbyFranceandtheNetherlands,withroughly471.5and456.3billionU.S.dollars,respectively.FurtherinformationandmethodologynotescanbefindinStatista'sDigitalMarketInsights.ReadmoreNote(s):Belgium,Denmark,France,Germany,Ireland,Italy,Netherlands,Portugal,Spain,Sweden,Switzerland,UnitedKingdom;2023;datashownisusingcurrentexchangeratesandreflectsmarketimpactsoftheRussia-UkrainewarSource(s):DigitalMarketInsightsCHAPTER

02InvestmentsValueofinvestmentinfintechcompaniesworldwidefrom2019toH12023,byregion(inbillionU.S.dollars)Valueofinvestmentinfintechworldwidein2019-2023,byregion2019202020212022H12023140118.3118.512010080604020095.893.877.668.16352.25036.130.427.515.511.25.1AmericasEMEAAsiaPacific10Description:ThevalueofinvestmentsinfintechcompaniesintheAmericasdecreasedconsiderablyin2022,comparedto2021.Thiswasanevenbiggerdecreasethanbetween2019and2020.ThevalueofinvestmentsintofintechsshowedthesametendencyintheEMEAregion,wherethetotalamountofinvestmentsdroppedto63billionU.S.dollarsfrom77.6billionU.S.dollarsayearearlier.TheAsiaPacificregion,ontheotherhand,sawaslightincreaseininvestmentactivityinthefintechsector.Inthe[...]

ReadmoreNote(s):Worldwide;2019

toH12023Source(s):KPMG;PitchBookShareofinvestmentdealsinthefintechsectorfrom2018to2022,byregionShareofinvestmentdealsinfintechsector2018-2022,byregionUnitedStatesAsiaEuropeLatinAmericaOtherregions120%100%80%60%40%20%0%Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q42018

2018

2018

2018

2019

2019

2019

2019

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2020

2020

2020

2021

2021

2021

2021

2022

2022

2022

202211Description:TheUnitedStatescontinuedtoleaddealsharein2022,withanaverageof36.75percentofalldealstakingplacethere.EuropeandAsiafollowedwithadealshareof24.75percentandand22.75percent,respectively.

ReadmoreNote(s):Worldwide;2018to2022Source(s):CBInsightsLargestfintechdealsinEurope,theMiddleEastandAfricain2022andH12023(inbillionU.Sdollars)LargestfintechinvestmentdealsinEMEA2022-2023ValueinbillionU.Sdollars20221.520210.00.51.02.02.53.03.54.04.5Sia(Italy)Tink(Sweden)3.92.1InteractiveInvestor(UK)FNZ(UK)1.81.4TradeRepublic(Germany)C(UK)1.151NucleusFinancialGroup(UK)Klarna(Sweden)0.840.80.740.7Spartfin(France)InternationalGameTechnology(UK)WoodMackenzie(UK)Abound(UK)3.10.612Description:ThelargestfintechdealinEurope,theMiddleEastandAfrica(EMEA)in2022wasItalianpaymentsplatformSia,withanM&Adealof3.9billionU.S.dollars.Inthefirsthalfof2023,thecorporatedivestitureofWoodMackenziewasthelargestfintechdeal,withadealvalueof3.1billionU.S.dollars.UpuntilJune2023,thatwastheonlymultibillion-dollardealintheregion.ReadmoreNote(s):Europe,MENA;2022andH12023Source(s):KPMG;PitchBookLargestfintechinvestmentdealsinEuropeancountriesinH12023(inbillionU.S.dollars)LargestfintechinvestmentdealsinEurope2023InvestmentvalueinbillionU.S.dollars0.5

1.0

1.50.02.02.53.03.5WoodMackenzie(UK-institutional/B2B)Abound(UK-consumerfinance)Ledger(France-blockchain)3.10.60.49Teylor(Switzerland-lending)0.30.250.250.23eToro(UK-capitalmarkets)Metaco(Switzerland-blockchain)SignUpSoftware(Sweden-institutional/B2B)TheBankofLondon(UK-institutional/B2B)Cushon(UK-consumerfinance)0.160.1513Description:TheUnitedKingdom(UK)wastheleadingplayerintermsofthelargestfintechinvestmentdealsinEuropeinthefirsthalfof2023.FiveoutofthetenlargestfintechdealstookplaceintheUK.Inthefirsthalfof2023,WoodMackenzie'scorporatedivestiturewasthelargestfintechdealinEurope,withadealvalueof3.1billionU.S.dollars.Duringthisperiod,thiswastheonlymultibillion-dollardealinEurope.ReadmoreNote(s):Europe;H12023Source(s):KPMG;PitchBookVenturecapital(VC)investmentsinfintechsinEurope,MiddleEastandAfricafrom1stquarter2019to2ndquarter2023(inbillionU.S.dollars)VenturecapitalraisedbyfintechcompaniesinEMEAQ12019-Q22023129.71088.98.976.96.86.1643.943.22.82.72.72.42.32.21.71.720Q12019

Q22019

Q32019

Q42019

Q12020

Q22020

Q32020

Q42020

Q12021

Q22021

Q32021

Q42021

Q12022

Q22022

Q32022

Q42022

Q12023

Q2202314Description:2021wasarecordyearinEurope,MiddleEastandAfrica(EMEA)intermsofventurecapital(VC)investmentsinfintechs.Inthefirsthalfof2021,thefintechsectorraisedmoreVCinvestmentsthan2020overall.ThevalueofVCinvestmentsremainedsimilarlyhighfortherestoftheyear.However,2022sawasharplydecreasingtrendtowardstheendoftheyear,withalmosteachquartermeasuringlowerVCinvestmentsintofintechsthanthepreviousone.Investmentsremainedlowinthefirst[...]

ReadmoreNote(s):Africa,Europe,MENA;Q12019toQ22023Source(s):KPMG;PitchBookCHAPTER

03DealactivityTotalnumberoffintechinvestmentdealsinEurope,MiddleEastandAfrica(EMEA)from2017toH12023FintechinvestmentdealsinEMEA2017-20233,0002,5002,5182,3432,0001,6361,4871,5001,00050001,217995702201720182019202020212022H1202316Description:Therewereatotalnumberof2,373venturecapital,privateequityandM&AdealsinfintechinEurope,MiddleEastandAfricain2022,whichwassignificantlylowerthanin2021,butremainedwellabovethedealcountin2020.Thedownwardtrendcontinuedinthefirsthalfof2023,with702registereddealsuntilJune.ThelargestEuropeanfintechdealinthefirsthalf2023hadadealvalueof3.1billionU.S.dollars.ReadmoreNote(s):Africa,Europe,MENA;2017toH12023Source(s):KPMG;PitchBookLeadingEuropeancountriesforfintechinvestmentdealvaluein2022(inbillionU.S.dollars)FintechinvestmentdealvalueinleadingcountriesinEuropeasof2022InvestmentvalueinmillionU.S.dollars02468101214UnitedKingdomGermanyFrance12.52.92.8Sweden1.5SwitzerlandItaly10.7Luxembourg0.617Description:TheUnitedKingdomaccountedforthehighestfintechinvestmentvalueinEuropein2022,reaching12.5billionU.S.dollars.ThisvaluewasmorethanfourtimeshigherthantheamountofinvestmentsinGermany,thecountrywiththesecondhighestfintechinvestments,whichwas2.9billionU.S.dollarsin2022.ReadmoreNote(s):Europe;2022Source(s):InnovateFinanceMedianvalueofFintechmergerandacquisitions(M&A)inEurope,MiddleEastandAfrica(EMEA)from2017to2022(inmillionU.S.dollars)MedianvalueofM&AdealsinEMEA2017-2022706065.75040302010046.740.327.622.718.820172018201920202021202218Description:Themediandealvalueoffintechmergerandacquisitions(M&A)inEurope,MiddleEastandAfrica(EMEA)reachedanewhighof65.7millionU.S.dollarsin2022.Thisvaluewassignificantlyhigherthanthatofthepreviousyear,whenthemediandealvaluewas40.3millionU.S.dollars.ReadmoreNote(s):Africa,Europe,MENA;2017to2022Source(s):KPMG;PitchBookNumberofventurecapital-backedfintechdealsinEuropefrom1stquarter2018to4thquarter2022FintechVCdealcountinEuropeQ12018-Q42022350317317313306307288300267262253248250200150100502302312182162112062012001981890Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q42018

2018

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2019

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2021

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2022

202219Description:ThenumberofinvestmentdealsintothefintechsectorinEuropedecreasedconsiderablyin2022.Inthefourthquarterof2022,therewasatotalof248fintechdealsregistered,thelowestnumberofdealssincethethirdquarterof2020..ThevalueofVC-backedfundinginfintechcompaniesalsodecreasednotably..ReadmoreNote(s):Europe;Q12018toQ32022Source(s):CBInsightsCHAPTER

04MobilebankingOnlinebankingpenetrationinselectedEuropeanmarketsin2022OnlinebankingpenetrationinEuropeanmarkets2022Shareofindividuals0%10%20%30%40%50%60%70%80%90%100%110%NorwayIceland*Finland95.84%94.84%94.68%94.35%DenmarkNetherlandsIreland90.72%86.29%83.5%SwedenEstoniaLatvia83.36%82.45%BelgiumSwitzerland*Czechia79.51%77.44%77.09%Lithuania74.82%21Description:In2022,itwasfoundthatcloseto96percentoftheNorwegianpopulationaccessonlinebankingsites,makingNorwaythecountrywiththestrongestinternetbankingpenetrationinEurope,followedbyIcelandandFinland.MontenegroandAlbania,ontheotherhand,hadthelowestinternetbankingpenetration,with11.35and5.24percent,respectively.ReadmoreNote(s):Europe;2022;16to74years;*2021data.TheEUsurveyontheuseofInformationandCommunicationTechnologies(ICT)inhouseholdsandbyindividualsisanannualsurveyconductedsince2002aimingatcollectinganddisseminating[...]

ReadmoreSource(s):EurostatNumberofcustomersatlargestonlineonlyEuropeanbanksasof2022(inmillions)NumberofcustomersatEuropeanapp-onlybanksin2022Numberofcustomersinmillions10

1505202530Revolut(Nov2022)N26(Oct2022)258Monzo(Jun2022)StarlingBank(Jul2022)Monese(2020)62.72Tandem(Dec2021)0.7722Description:InFebruary2018,theLondonbasedcompanyRevolutannouncedthattheyhadhit1.5millioncustomers,afigurethathasgrownto25millionasofNovember2022.Theincredibleaccelerationofnewcustomersjoiningthesedigital-onlybankshasbeenmirroredbytheBerlin-basedN26whohaveseentheircustomerbasereachingeightmillionasofOctober2022,andfellowLondon-headquarteredMonzo.ByanalyzingappdownloadsofEurope'sbestperformingneobanks,has[...]

ReadmoreNote(s):Europe;2022Source(s):estimates;VarioussourcesTotalvalueoffundingatselectonlineonlybanksinEuropeasofFebruary2023(inbillionU.Sdollars)LargestEuropeandigitalbanks2023,byfundingamountValueoffundinginbillionU.Sdollars0.6

0.8

1.00.00.20.41.21.41.61.8RevolutN261.71.7Monzo1.11.1StarlingBankBunq0.24Monese0.2123Description:TheBerlinbasedmobilebankN26sawitstotalfundingreachingover1.7billionU.SdollarsasofFebruary2023,makingitoneofthehighestfundeddigitalchallengerbankinEuropeatthetime.N26'sfirstplacewasasofthatmonthsharedwiththeLondon-basedfirmRevolut,alsowithafundingreaching1.7billionU.S.dollars.ReadmoreNote(s):Europe;2023Source(s):CrunchBaseNumberofcountriesofoperationforselectEuropeanonlineonlybanksworldwideasofApril2023LargestEuropeandigitalbanks2023,bynumberofcountriesofoperation4036353025201510530210RevolutBunqN2624Description:Europe'slargestmobilebasedappRevoluthasloftyambitions.Thebank,whichwasincorporatedinDecember2013,hasmillionsofusersacross36countriescurrently.

ReadmoreNote(s):Europe;April2023Source(s):Bunq;N26;Revolut;VarioussourcesLargestunicornonlinebanksinEuropeasofApril2023,bymarketvalue(inbillionU.Sdollars)LeadingonlinebankunicornsinEurope2023MarketvalueinbillionU.Sdollars15051020253035RevolutN26339.23OakNorthBankMonzo54.5StarlingBankBunq2.69225Description:Revolut,whichwasworth1.7billioneurosasofAugust2018,becameaunicorninApril2018andtookonlythreeyearsfromfoundingtohavingavaluationofoveronebillionU.Sdollars.AsofApril2023,theLondon-basedneobankhadamarketvalueof33billionU.S.dollars,makingitbyfarthehighestvaluedunicornonlinebankinEurope.ReadmoreNote(s):Europe;April7,2023Source(s):CBInsightsForecastedgrowthincustomersofonlineonlybanksRevolutandN26from2018to2023(inmillions)EstimatedcustomergrowthofRevolutandN262018-2023RevolutN263530252015105026Description:BothRevolutandN26sawarapidlygrowingcustomerbasebetween2018and2022.Revolutannounceditsmilestoneof25millioncustomersinNovember2022,whileN26reachedsevenmillioncustomersinJanuary2021.Ifbothcompaniescontinuetheircurrenttrendsinnewcustomers,theycouldseeacombinedtotalofmorethan43millioncustomersbyDecember2023.Alongwiththenumberofcustomers,thebrandvalueofRevolutalsoincreasedrapidlyinthelastyearsand[...]

ReadmoreNote(s):Europe;February2018toDecember2023Source(s):estimates;VarioussourcesCHAPTER

05OpenbankingNumberofopenbankingthirdpartyprovider(TPP)registrationsinEuropeasofthe1stquarter2023,bycountryNumberofopenbankingthirdpartyregistrationsinEuropeQ12023,bycountryNumberofthirdpartyprovidersregisteredTotalnumberofTPPs60

80HomeregulatedTPPs10002040120140160180155SwedenGermanyPoland39166361481503030France155NetherlandsLithuaniaItaly291322515019133DenmarkIrelandBelgiumSpain1614141313118142144139Finland28Description:AsofMarch2023,Swedenhadthehighestnumberofhomeregulatedopenbankingthirdpartyproviders(TPPs)with39registrations,makingthetotalnumberofTPPs153.SwedenwasfollowedbyGermanyandPoland,intermsofhomeregulatedTPPs.ThetotalnumberofopenbankingTPPswasthehighestintheUnitedKingdomwith221.ReadmoreNote(s):Europe;Q12023Source(s):Konsentus;VocaLinkNumberofopenbankingthirdpartyprovider(TPP)registrationsinEuropefrom1stquarter2019to1stquarter2023NumberofopenbankingthirdpartyregistrationsinEurope2019-20236005595595585595355295184975004003002001000474450410361279240196153133Q12019

Q22019

Q32019

Q42019

Q12020

Q22020

Q32020

Q42020

Q12021

Q22021

Q32021

Q42021

Q12022

Q22022

Q32022

Q42022

Q1202329Description:Thenumberofthirdpartyprovider(TPP)registrationstoofferservicesthroughopenbankinginEuropeincreasedsignificantlybetweenJanuary2019andMarch2023.GrowthinthenumberofTPPregistrationswasparticularlyfastbetween2020and2021,whilein2022itsloweddown.Thelastquarterof2022wasthefirsttimeduringtheobservedperiod,whenthenumberofopenbankingTPPregistrationsdecreased.

ReadmoreNote(s):Europe;Q12019toQ12023Source(s):Konsentus;VocaLinkLeadingcountriesinEuropewiththehighestnumberofhomeregisteredthirdpartyproviders(TPPs)in1stquarter2023Top10countriesinEuropewithhighestnumberofhomeregisteredTPPs2023Numberofthirdpartyproviders05101520253035403945SwedenGermanyFrance363030PolandNetherlandsLithuaniaItaly292519DenmarkBelgiumIreland16141430Description:InMarch2023,Swedenhadthehighestnumberofhomeregulatedopenbankingthirdpartyproviders(TPPs)inEuropewith39registrations.SwedenwasfollowedbyGermanywith36TPPs,whileFranceandPolandrankedthirdwith30homeregulatedTPPseach.ReadmoreNote(s):Belgium,Denmark,France,Germany,Ireland,Italy,Lithuania,Netherlands,Poland,Sweden;Q12023Source(s):KonsentusLeadingcountriesinEuropewiththehighestnumberofpassportedthirdpartyproviders(TPPs)in1stquarter2023Top10countriesinEuropewithhighestnumberofpassportedTPPs2023Numberofthirdpartyproviders020406080100120140ItalySpain131131GermanyBelgiumAustria130128127127126126PortugalFinlandNetherlandsFrance120119119LatviaLuxembourg31/statistics/1389380/passported-tpps-in-europe-by-countryInMarch2023,ItalyandSpainhadthehighestnumberofpassportedopenbankingthirdpartyproviders(TPPs)inEurope,with131registrationseach.Germanyfollowedwith130TPPs,andBelgiumrankedthirdwithatotalof128passportedTPPs.

ReadmoreNote(s):Austria,Belgium,Finland,France,Germany,Italy,Latvia,Netherlands,Portugal,Spain;Q12023Source(s):KonsentusNumberofcountriesinEuropewithover100passportedopenbankingthirdpartyprovider(TPP)registrationsfrom3rdquarter2021to1stquarter2023NumberofcountriesinEuropewithover100passportedTPPsQ32021-Q12023302828252015105211610400Q32021Q42021Q12022Q22022Q32022Q42022Q1202332Description:ThenumberofcountriesinEuropewithover100passportedopenbankingthirdpartyprovider(TPP)registrationsrocketedbetweenthethirdquarterof2021andthefirstquarterof2023.Whileinthethirdquarterof2021,therewasnoEuropeancountrywithsomanypassportedTPPs,bytheendof2022,28countrieshadover100registrations.Inthefirstquarterof2023,ItalyandSpainhadthehighestnumberofpassportedTPPsinEurope.

ReadmoreNote(s):Europe;Q32021toQ12023Source(s):KonsentusCHAPTER

06FinanceappsNumberoffinanceappdownloadsinGermanyin2022,bytype(inmillions)FinanceappdownloadsinGermany2022,bytype3529.43025201510524.516.64.83.870.010MobilebankingDigitalwalletsandpaymentsPersonalinvestingCryptocurrencytradingPersonalloansOther34Description:MobilebankingappswerethemostpopulartypeoffinanceappsinGermanyin2022,basedonthenumberofdownloads.Throughouttheyear,suchappsweredownloadedmorethan29milliontimes.Digitalwalletandpaymentsappsfollowed,with16.6milliondownloads.GermanyishometooneofEurope'sleadingneobanks,N26,whichhadthehighestshareofdownloadsinFrance,despitebeingheadquarteredinBerlin.

ReadmoreNote(s):Germany;2022Source(s):Data.ai;NumberoffinanceappdownloadsinFrancein2022,bytype(inmillions)FinanceappdownloadsinFrance2022,bytype2523.520.6201510516.15.122.690.040DigitalwalletsandpaymentMobilebankingCryptocurrencytradingPersonalinvestingPersonalloansOther35Description:DigitalwalletsandpaymentappswerethemostpopulartypeoffinanceappsinFrancein2022,basedonthenumberofdownloads.Throughouttheyear,suchappsweredownloadedroughly23.5milliontimes.Mobilebankingappsfollowed,with20.6milliondownloads.Thenumberofdownloadsofcryptocurrencytradingappswasjustabovefivemillion.ReadmoreNote(s):France;2022Source(s):Data.ai;NumberoffinanceappdownloadsinItalyin2022,bytype(inmillions)FinanceappdownloadsinItaly2022,bytype2017.81816141210813.57.15.863.85420.270DigitalwalletsandpaymentsMobilebankingCryptocurrencytradingPersonalinvestingPersonalloansOther36Description:DigitalwalletsandpaymentsappswerethemostpopulartypeoffinanceappsinItalyin2022,basedonthenumberofdownloads.Throughouttheyear,suchappsweredownloadedroughly17.8milliontimes.Mobilebankingappsfollowed,with13.5milliondownloads.BancoPostawastheleadingbankingappbetween2015and2023.Financeappsprovidingpersonalloanservicesweretheleastpopularintermsofthenumberofdownloads.

ReadmoreNote(s):Italy;2022Source(s):Data.ai;NumberoffinanceappdownloadsinSpainin2022,bytype(inmillions)FinanceappdownloadsinSpain2022,bytype1815.416141210813.711.4643.273.0520.460MobilebankingDigitalwalletsandpaymentsCryptocurrencytradingPersonalinvestingPersonalloansOther37Description:Withmorethan15milliondownloads,mobilebankingappswerethemostpopularfinanceappsinSpainin2022.Digitalwalletsandpaymentsappsfollowed,withroughly13.7milliondownloads.Financeappsprovidingpersonalloansweretheleastpopularintermsofthenumberofdownloads.ReadmoreNote(s):Spain;2022Source(s):Data.ai;ShareoflocallyheadquarteredfinanceappdownloadsinselectedEuropeancountriesfrom2019to2022ShareoflocalfinanceappdownloadsinEurope2019-2022GermanyFranceUnitedKingdomSpainItaly80%70%60%50%40%30%20%10%0%201920202021202238Description:Between2019and2022,thefintechsectorinthemajorEuropeancountriesbecamelesslocalizedintermsoffinanceappdownloads.Inallobservedcountries,theshareoflocallyheadquarteredfinanceappdownloadsdecreasedbetween2019and2022,although2022sawanincreaseinallcountriesbutItaly.Incomparison,theshareoflocalfinanceappdownloadsintheUnitedStateswasmuchhigher(87.2percent)thaninanyoftheobservedEuropeancountries.ReadmoreNote(s):France,Germany,Italy,Spain,UnitedKingdom;2019to2022Source(s):Data.aiCHAPTER

07CountrycomparisonNumberoffintechusersinselectedEuropeancountriesin2023(inmillions)FintechusersinEurope2023,bycountryNumberofusersinmillions600204080100120UnitedKingdomGermanyFrance106.5396.479.4Italy57.4950.52SpainNetherlands22.65SwedenBelgium12.7612.4SwitzerlandPortugal11.039.237.977.32DenmarkIreland40Description:In2023,theUnitedKingdom(UK)hadthehighestnumberoffintechusersinEurope,withanestimated106.53millionusers.TheUKwasfollowedbyGermanyandFrance,with96.4and79.4millionusers,respectively.FurtherinformationandmethodologynotescanbefindinStatista'sDigitalMarketInsights.ReadmoreNote(s):Belgium,Denmark,France,Germany,Ireland,Italy,Netherlands,Portugal,Spain,Sweden,Switzerland,UnitedKingdom;2023;datashownisusingcurrentexchangeratesandreflectsmarketimpactsoftheRussia-UkrainewarSource(s):DigitalMarketInsightsFintechrevenueinselectedEuropeancountriesin2023(inbillionU.S.dollars)FintechrevenueinEurope2023,bycountryRevenueinbillionU.S.dollars4012356789UnitedKingdomGermanyFrance8.157.473.263.04SpainNetherlandsSwitzerlandItaly2.261.91.88Sweden1.2BelgiumIreland1.190.77DenmarkPortugal0.610.3241Description:In2023,thevalueofrevenuegeneratedinthefintechsectorintheUnitedKingdom(UK)wasestimatedat8.15billionU.S