Europe Fintech Market Report: 2024 | Size, Share, Demand, Trends, Growth and Forecast Till 2032

IMARC Group, a leading market research company, has recently releases report titled “Europe Fintech Market Report by Deployment Mode (On-premises, Cloud-based), Technology (Application Programming Interface, Artificial Intelligence, Blockchain, Robotic Process Automation, Data Analytics, and Others), Application (Payment and Fund Transfer, Loans, Insurance and Personal Finance, Wealth Management, and Others), End User (Banking, Insurance, Securities, and Others), and Country 2024-2032.” The study provides a detailed analysis of the industry, including the Europe fintech market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the Europe fintech market?

The Europe fintech market size is projected to exhibit a growth rate (CAGR) of 15.5% during 2024-2032.

What is fintech?

Fintech or financial technology refers to the innovative use of technology to deliver financial services and solutions. It represents a rapidly growing industry that encompasses a wide range of financial activities, including banking, payments, lending, insurance, and investment. Fintech companies leverage advanced digital technologies, such as mobile apps, blockchain, artificial intelligence (AI), and data analytics, to create more efficient, convenient, and accessible financial services. These technologies enable users to conduct financial transactions, manage investments, obtain loans, and make payments seamlessly through digital platforms and applications, reducing the need for traditional brick-and-mortar financial institutions. Fintech has disrupted and transformed the financial industry by providing consumers and businesses with faster and cost-effective alternatives to traditional banking and financial services. It has democratized access to financial tools, encouraged financial inclusion, and fostered innovation in areas like peer-to-peer lending, digital wallets, robo-advisors, and cryptocurrency. In recent years, fintech has revolutionized the financial landscape across Europe, fostering digital innovation, improving financial inclusion, and reshaping the way people manage their finances and access financial services.

Request for a sample copy of this report:

What are the growth prospects and trends in the Europe fintech industry?

The Europe fintech market is primarily driven by the well-established financial services industry and regulatory framework in the region that provides a conducive environment for fintech startups and companies to thrive. Apart from this, the increasing adoption of digital payment solutions, mobile banking, and online lending that offers consumers and businesses convenient and efficient financial options has catalyzed market growth. Moreover, the rising blockchain and cryptocurrency innovations that make Europe a hotbed for digital asset development and adoption are fueling market growth. Besides this, the emerging role of the European Union’s Payment Services Directive 2 (PSD2) in opening the banking sector to third-party providers that fosters competition and encourages the development of innovative fintech solutions, thus propelling market growth. Additionally, the shift toward digital financial services and contactless payments amid the coronavirus (COVID-19) pandemic is another major growth-inducing factor. Furthermore, the rising collaboration between traditional financial institutions and fintech startups to offer hybrid financial services is contributing to market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Deployment Mode Insights:

  • On-premises
  • Cloud-based

Technology Insights:

  • Application Programming Interface
  • Artificial Intelligence
  • Blockchain
  • Robotic Process Automation
  • Data Analytics
  • Others

Application Insights:

  • Payment and Fund Transfer
  • Loans
  • Insurance and Personal Finance
  • Wealth Management
  • Others

End User Insights:

  • Banking
  • Insurance
  • Securities
  • Others

Country Insights:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US


134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800


Follow us on Twitter: @imarcglobal


Related Articles

Leave a Reply

Back to top button