German FinTech investment on track to drop in 2022


• German FinTech funding is projected to reach $4.2bn in 2022, a 34% drop from 2021 levels where investment peaked at a record-breaking $6.4bn. Deal activity in the country is also on track to fall although by a less significant 7% to 272 deals in total for 2022, this indicates that the drop in funding is driven by a correction in the size of deals deal rather than a serious slow down in the country’ FinTech sector.
Trade Republic, a mobile-only trading platform, was the largest FinTech deal in Germany during the first half of 2022 raising a substantial $268m in their latest Series C funding round led by Ontario Teachers’ Pension Plan which brings their post-money valuation to $5bn. “The additional capital will primarily flow into product development to help even more people invest their money wisely with the help of innovative services and technology,” the company said.
• Berlin was the most active FinTech city and accounted for 51% of total deals announced in H1 2022. The next most active city was Munich with a 13% share of total deals.
• The most active FinTech sector in H1 2022 was Blockchain & Crypto with 23 deals, a 17% share of total deals. Seven other sectors had over ten deals showing Germany’s diverse FinTech ecosystem.

German FinTech seed deals

The data for this research was taken from the FinTech Global database. More in-depth data and analytics on investments and companies across all FinTech sectors and regions around the world are available to subscribers of FinTech Global. ©2022 FinTech Global

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