Page 37 - FintechAtlas2019

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Size
Funding trends
# of active local fintechs
Cumulative funding 2008-2019
€30M
€20M
€10M
0
27% 42
41314++345+27+1++2+ 4++1+10+58+16+110
13% 4% 2% 5% 2% 8
10% 4% <1% 2063 <1% 10%
2 14% 16% 22
154 € 79M
51
33%
Insurance Corporate Banking Retail Banking SME Banking
Top VC investors
SpeedUp Venture Capital Group
TechStars
3TS Capital Partners
Flint Capital
Data Ventures
Barclays
Luma Ventures
Innovation Nest
MCI Capital
Black Pearls VC
60%
Capital Markets Wealth Management
2014 2015 2016 Technology Debt Seed/Angel
Support Unattributed Not specified
2017 2018 Series A
2019 Series B
Funding (€)
1M
1M
917.4K
893.2K
446.6K
Investor
# of investment
6
4
4
3
3
2
2
2
2
2
Top funding rounds 2019
Company Funding Date
Ramp 7/2019
Straal 12/2019
Cashy 10/2019
Nethone 4/2019
uPaid 1/2019
Selected Top VC investors ranked by number of investment in local fintechs from 2008 to 2019. Lowest category ranked by date of investments.
Sources: Tables include fintechs headquartered in Poland. Funding rounds and amounts are relative to the period from 2008 to 2019 and exclude M&A, IPO and ICO deals, but include debt. Source: BCG FinTech Control Tower
Country data
Population 2019 (M)
GDP total 2019 (€ Bn)
GDP per capita 2019 (€, at PPP)
GDP growth 2019 (% yoy)
GDP growth 2020 (% yoy)
Official currency
37.9
525.3
22,500
4.1
-4.5
PLN
Total bank assets 2019 (€ Bn) 469 Total bank assets (% of GDP) 88 Account ownership 2020 (% of population) 90 Debit card ownership 2020 (% of population) 82 Internet usage 2018/2019 (% of population) 78 Usage of internet to pay bills 2020 (% of population) 64 Sent/received digital payments 2020 (% of population) 90 Source: national sources, ECB, ITU, World Bank, RBI/Raiffeisen RESEARCH; estimates for 2020 penetration ratios
Source: IMF, ITU, World Bank, RBI/Raiffeisen RESEARCH, data for 2019 and estimates for GDP growth 2020
1.3M 5.6M 3.2M 10M
2.6M 0.6M
2.5M 6M 0.3M
2.6M 6.4M
9M
47.6K
7.9M
2.2M
3.9M 7.5M
12.4M
0.4M 4.2M 4.7M
0.9M
20.2M
30.3M