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Wirecard & N26: FinTech in Germany – FinTech in Germany

Wirecard & N26: FinTech in Germany  –  FinTech in Germany  –  @Shutterstock | Wright Studio

Wirecard & N26: FinTech in Germany – FinTech in Germany – @Shutterstock | Wright Studio

With Wirecard, a German fintech company will probably be included in the DAX shortly. Overall, the industry is developing positively, as the infographic shows that the sum of the investments in German fintechs from around $ 147 million in 2014 has grown to over $ 650 million in 2017 – an increase of almost 350 percent. The direct bank N26 collected most of the capital in the period from the first quarter of 2017 to the first quarter of 2018: it received the amount of $ 160 million from Allianz X and Tencent Holdings. FinTechs are internet providers that provide financial services based on modern technologies.

Financial technology – Financial Technology (FinTech) – @Shutterstock | Buffaloboy

With wirecard, a German fintech company is expected to be included in the dax shortly. The Sector is development positive overall, as the infographics show: Total Investments in German FinTechs have risen from around $ 147 million US dollars in 2014 to over 650 million US dollars in 2017 – on Increasing 350 Percent. Most of the Capital in the Period from the First Quarter of 2017 to the first quarter of 2018 was Raized by the Direct Bank N26: It Received the Sum of 160 Million US Dollars from Allianz X and Tencent Holdings. FinTechs are internet service providers that Provide Financial Services Based on Modern Technologies.

You can find more infographics at Statista

 

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