Market Share of Europe Fintech Industry
The research examines the top companies in the fintech business in Europe. Digital payment schemes are expanding within countries, while cross-border and pan-euro region instruments are not yet common. Competition is forcing many traditional banks to adopt fintech instruments, either in-house or by acquisition. These developments could improve the efficiency and reach of financial intermediation while also adding to profitability pressures for some banks. Start-ups are pursuing platform-based approaches under minimal regulation. The current situation favors the companies which can provide a 'Buy Now, Pay Later' solution or quick working capital for SMEs, run a credit or loan marketplace, offer user-friendly apps for personal or business banking, or build a way for users to cut costs on things like transferring money online, raising funds and other types of transactions. Some of the major players dominating the market include Adyen, Nexi, Revolut, Klarna, N26, Oaknorth, Monzo, Rapyd, Transferwise, and Funding Circle.
Europe Fintech Market Leaders
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Adyen
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Nexi
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Klarna
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N26
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Revolut
*Disclaimer: Major Players sorted in no particular order
