German FinTech Report (2023)
Contextual Solutions and FinTech Consult were commissioned to prepare a report about the German FinTech ecosystem in Q3 2022 on behalf of the Netherlands Enterprise Agency (RVO) and the Netherlands Business Support Office (NBSO) Frankfurt am Main.
The study uses unique market insights, research, and interviews with German FinTech stakeholders while shedding light on the whole ecosystem.
The study was presented in Amsterdam in an event hosted by Holland FinTech in February 2023.
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Understand the German FinTech Market.
Germany is a significant FinTech market and among the largest worldwide. Many foreign B2C and B2B FinTech companies have started operations in Germany, attracted by Germany’s sizeable retail market, its small-and-medium-sized enterprise ecosystem (the so-called “Mittelstand”), and its large number of domestic financial institutions, including 1,500+ banks. European passporting rules make it easier for FinTech start-ups to explore new jurisdictions as they grow.
Among all European markets, Germany remains attractive for European FinTechs due to its position, size, and economic power. However, due to its history, size, and culture, specific challenges and opportunities await the companies entering the market, even those coming from neighboring countries.
Read our study on the German Fintech market to better understand its particularities.
Do you want to create your ecosystem report? Would you like to learn more about the German Fintech Market or other tech ecosystems?
Contact us, and we will be happy to orchestrate all the necessary research, create content, manage stakeholder interviews, and compile market expertise together for a custom report or workshop.