Page 41 - FintechAtlas2019

Size
Funding trends
# of active local fintechs
Cumulative funding 2008-2019
€6M €5M
€4M €3M €2M €1M
0
28+2+20+46+20+2+ 28++1311+22+25+1
41
2% 8% 2%2%
<1%
25% 28%
1 4 11 50
20%
10
23
46%
Insurance Corporate Banking Retail Banking SME Banking
Top VC investors
Gapminder VC
Early Game Ventures
Gecad Ventures
ROCA Partners
3TS Capital Partners
Sparking Capital
Catalyst Romania
DMG Information
Xenofon Vodorouglou
MKB Fintechlab
20% 10
€ 14M
23% 13%
11%
Capital Markets Wealth Management
2014 2015
Seed/Angel
2016 2017
Not specified
2018
2019
Funding (€)
1.2M
741.8K
650K
500.5K
498.7K
Technology Support
Instant Factoring
11/2019
Top funding rounds 2019
Investor
# of investment
7
3
3
2
1
1
1
1
1
1
Company Funding Date
Beez 12/2019
Bunnyshell 9/2019
SymphoPay 3/2019
Swazm 5/2019
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 Romania. 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
19.5
222.1
21,226
4.1
-7
RON
Total bank assets 2019 (€ Bn) 111 Total bank assets (% of GDP) 50 Account ownership 2020 (% of population) 66 Debit card ownership 2020 (% of population) 57 Internet usage 2018/2019 (% of population) 71 Usage of internet to pay bills 2020 (% of population) 40 Sent/received digital payments 2020 (% of population) 55 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
97.2K
1.8M
4M 5.8M
912.6K
1.5M
4.3M