Page 27 - RBI FIntech Atlas 2018

27
Size
# of active local ntechs
Cumulative funding 2008-2018
Funding trends
€5M €4M €3M €2M €1M
0
8 5 3 8 3 7 38%
5% 10% 8% 2 4
7%3%
39 €9M
3 10% 7%
4
10% 4
15
Insurance Corporate Banking Capital Markets Retail Banking SME Banking Wealth Management
Top VC investors
Hiventures 5
Fiedler Capital 3
Y Combinator 2
Open Ocean Capital 1
Uniqa 1
PortfoLion 1
Euroventures Capital 1
MKB Fintechlab 1
BnL Start Partners 1
Home Credit Group 1
3%
7
18%
31%
48%
Technology Support
2013 2014 2015 2017 2018
Debt Seed/Angel
Top ntech companies
Investor
# of investment
Company
Cherrisk
bitrise
Credit4sales
Multipass Solutions TrustChain Systems Koin
Blueopes
MNG Internatio- nal Investments
Shinrai
Description
Insurtech startup
Mobile continuous integration and delivery platform
Intelligent cloud based B2B credit manage- ment solution
IT solutions for extracting and processing printed or handwritten data
Digital contracting with nancial solutions
Personal nance management application
Wealth management service provider
Investment company
Enables the buying of Bitcoins via SEPA/ SWIFT
Funding (€)
4.3M
3M
757K
727K
389K
233K
221K
94K
71K
120
97
75
69
77
30
71
Selected Top VC investors ranked by number of investment in local ntechs from 2008-2018. Lowest category ranked by date of investments.
Sources: Tables include ntechs headquatered in Hungary. Funding rounds and amounts are relative to the period 2008-2018 and exclude M&A and IPO deals, but include debt. Source: BCG FinTech Control Tower
Country data
Population (M) 9.8
GDP total (€ Bn) 130
GDP per capita (€, at PPP) 23,646
GDP growth (%) 4.8
Of cial currency HUF
Source: Eurostat, IMF, European Commission, RBI/Raiffeisen RESEARCH Data for 2018, estimates
Total bank assets (€ Bn)
Total bank assets / GDP (%)
Account ownership (% of population)
Debit card ownership (% of population)
Internet usage (% of population)
Usage of internet to pay bills (% of population)
Send/received digital payments (% of population)
Latest available data as of 2017/2018
Source: ECB, national sources, World Bank, RBI/Raiffeisen RESEARCH
93K
70K
182K
2.4M
2.7M 5.1 M
4.3M