Page 33 - RBI FIntech Atlas 2018

33
Size
# of active local ntechs
Funding trends
€8M 6 6 2 2
Cumulative funding 2008-2018
€6M
€5M
€4M
€3M 47%
€2M €1M
0
12% 6%6% 23% 2% 6 3 3 2%
11
49 9 18%
16% 8
Insurance Corporate Banking Retail Banking SME Banking
Top VC investors
Gecad Ventures
Sequoia Capital India
Catalyst Romania
Risky Business
DMG Information
3TS Capital Partners
Greycroft Partners
10%
18
37%
20%
Capital Markets Wealth Management
2
1
1
1
1
1
1
Technology Support
2013 Seed/Angel
2014 2015 Not disclosed
2017
2018
Funding (€)
4M
1.7M
1.1M
847K
536K
350K
16K
Top ntech companies
Investor
# of investment
Company
Otto Broker
NETOPIA Systems
Smart Bill
VirtualCards
SymphoPay
Ebriza
Minutizer
Description
Insurance brokerage services
Online marketing and payment processing solutions
Invoice software for small businesses
All-in-one loyalty cards app
POS solution
Virtual cash register
Pay-per-minute payment system for audio and video calls
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 Romania. 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) 19.5
GDP total (€ Bn) 204
GDP per capita (€, at PPP) 19,834
GDP growth (%) 4.1
Of cial currency RON
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)
98
54
58
49
64
12
47
Latest available data as of 2017/2018
Source: ECB, national sources, World Bank, RBI/Raiffeisen RESEARCH
16K
74K
276K
1.69M 4M 5.7M
1.64M