Heute gebe ich einen Blogbeitrag von Barkow Consulting (danke für die freundliche Genehmigung an Geschäftsführer Peter Barkow) wieder, in dem die deutsche FinTech-Szene begutachtet wird. Eine Zusammenfassung auf deutsch unter dem Titel „Die 150-Milliarden-Dollar-Clique: FinTechs hängen Banken jetzt schon ab“ hat t3n erstellt.

German FinTech: Where are the big Spenders?

In the past couple of months Barkow Consulting has accelerated its research activity in a new and innovative part of the banking system called FinTech. In a first note on the space we have looked at CrowdInvesting in Germany vs UK followed by some slicing and dicing of the broader German FinTech universe (see pic below). We have also created a FinTech Country Ranking. Finally, we have looked at what’s needed for German CrowdInvesting to grow up.

German_FinTech_Universe

Today, we would like to present our German FinTech Money Map. Our FinTech Money Map is a data base, that has been built up by collecting venture capital investment data for German FinTech companies (as well as international FinTech investments of German venture capitalists/investors). While our Money Map has been filled with much care during the last months, it will never represent a complete picture of German FinTech financing. Both FinTech as well as Venture Capital in Germany are notoriously intransparent. Consequently, relevant data is hard  to come by and collecting it labor intensive.

Nonetheless, with currently 152 investors/venture capitalists and 252 FinTech investments/portfolio companies (including couble counts!) as well as comfortably north of 250 financing rounds we feel that our FinTech Money Map provides a very representative picture of the German FinTech funding situation.

Research Highlights:

– DvH Ventures is the most active investor with 9 portfolio companies, followed by German Startups Group (8 companies). High Tech Gründer Fonds (7 companies) and Rocket Internet (6 +1 company already exited) share No.3

– Most investors are based in Germany (unsurprisingly), followed by the USA and the UK. The latter have already built large FinTech and venture capital ecosystems (check our FinTech Country Ranking). Russia at No.5 is probably a surprise to many Charts 2 & 3

– German FinTech funding is international already with investors from 19 different countries Charts 2 & 3

– Traditional VCs are the most important source of funding for German FinTech companies, followed by business angels and strategic investors Charts 4 & 5

– A number of US big guns have discovered and invested in German FinTech companies (Valar/Peter Thiel, 500 Startups, Access Industries and Summit Partners)

– BUT: Of the 12 leading US FinTech investors none has put money to work in Germany yet

– Surprisingly, investors with a media background (37 portfolio companies) are much more active than banks with 14 portfolio companies. The latter number even contains four investments by foreign institutions Charts 6 & 7

– Looking at FinTech investments of Goldman Sachs and JP Morgan, German banks have massive catch up to do, as it seems (and little time to lose …)

– Please have a look at our Incumbents & Disruption Cycle and decide for yourself, in which part German banks currently are

– NO! German insurance company has invested in FinTech yet Charts 6 & 7

Please click two times on below infographic to enlarge:

BC_FinTech_Money_Map