Wirecard & N26: Fintech in Germany – Fintech in Germany – @shutterstock | Wright Studio
Wirecard, a German fintech company, is expected to be included in the DAX shortly. The industry is developing positively overall, as the infographic shows: The total investments in German fintechs grew from around 147 million US dollars in 2014 to over 650 million US dollars in 2017 - an increase of almost 350 Percent. The direct bank N26 collected the most capital in the period from the first quarter of 2017 to the first quarter of 2018: it received the amount of 160 million US dollars 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 developing positively 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 – an increase of almost 350 percent. Most of the capital in the period from the first quarter of 2017 to the first quarter of 2018 was raised 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.
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