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Post by account_disabled on Jan 1, 2024 6:41:39 GMT
According to Another Survey by Statista, There Are Around 4,800 Financial Technology Start-ups in Europe, Around 7,400 in Asia and 8,800 in America. Well-known Players Include Paypal, Stripe and Square (Usa), Transferwise (Uk), Adyen (Netherlands) and Klarna (Sweden). In Addition to Young Companies, Established Big Players Are Also Pushing Into the Financial Technology Market in Order to Secure a Share of the Attractive Cake. Alipay Already Has More Than 520 Million. Users Who Process Over 100 Million Transactions Every Day via the Mobile Payment System. The Alibaba Group, the Largest Chinese It Group, is Behind Alipay. Apple (Apple Pay), Google (Google Pay) and C Level Contact List Samsung (Samsung Pay) Are Also Conquering Customers via Smartphones. Fintechs: What is the Situation in Germany? There Are Many Financial Start-ups Not Only in the Usa and China, but Also in Germany. Most of Them Settled in Berlin, Frankfurt, Munich and Hamburg. The Number of Start-ups as Well as the Investment Amounts Have Been Growing for Several Years. German Fintechs Were Able to Raise Almost 1.3 Billion Euros as Investments in 2019, According to a Study by Comdirect Bank . The Exact Number of Financial Technology Start-ups is Difficult to Determine Because There is No Clear Distinction. A Study by the Federal Ministry of Finance in 2020 Found Over 400 Fintech Companies That Had So-called “active Business Activities” in Germany.
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