Page 47 - FintechAtlas2019

Size
Funding trends
# of active local fintechs
Cumulative funding 2008-2019
€10M
47
3++3+8+33+29+1311 71+7++7+123
0
3% 3%
5118% 12%
7%
13%
3
10% 4 3% €5M
38 7% € 14M 13 34%
11
29%
Insurance Corporate Banking Retail Banking SME Banking
Top VC investors
OTB Ventures
Wayra
Earlybird Venture Capital
Salesforce
J&T VENTURES
Target Global
Neulogy Ventures
Launcher
Innovations and Technologies Fund
MKB Fintechlab
Capital Markets Wealth Management
71%
Technology Support
2014 2015
Seed/Angel
2016
Series A
2017 2018 2019
Not specified
Top funding rounds 2019
Company Funding Date Funding (€)
Minit 10/2019 6.9M
Finax 3/2019 1.5M
Investor
# of investment
2
2
2
1
1
1
1
1
1
1
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 Slovakia. 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
5.4
94.2
24,900
2.3
-6
EUR
Total bank assets 2019 (€ Bn) 85 Total bank assets (% of GDP) 90 Account ownership 2020 (% of population) 86 Debit card ownership 2020 (% of population) 78 Internet usage 2018/2019 (% of population) 81 Usage of internet to pay bills 2020 (% of population) 66 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
0.5M 0.6M
30K
1.5M
6.9M 8.4M
1M 1.6M
3.2M 3.2M