Monday 12 July 2021

Fintech startups in Europe raised $17 billion in 2021. See 14 of the pitch decks they used to land millions from VCs.

alexander and oliver kent braham
Marshmallow founders Alexander and Oliver Kent Braham raised $30 million earlier this year.
  • Fintech and insurance startups in Europe have raised $17 billion in a record year for investment.
  • Insider has reported extensively on both sectors as investor appetite soared.
  • These pitch decks reveal how 14 different startups pitched their visions and products to investors.
  • See more stories on Insider's business page.

Financial services and insurance startups are the crown jewels of European tech right now.

A host of regulatory and market changes have meant that the sector in Europe has grown rapidly in recent years, bringing in higher round sizes, valuations, and bigger investors than ever. 2021 has already been a record year for the industries with a combined $17 billion being poured in by investors already.

Beyond the initial wave of payments disruptors and challenger banks, a set of nuanced solutions to complex consumer and business issues are emerging across the continent.

Both insurance tech and fintech have seen mega deals this year. Swedish buy now, pay later giant Klarna raised from SoftBank at a $45.6 billion valuation, cementing its status as Europe's most valuable private company. Similarly, Germany's Wefox hit a $3 billion valuation after raising the continent's largest ever insurance tech round at $650 million.

Below are 14 pitch decks from fast-growing European tech startups in the fintech and insurance spaces.

Insurance tech

Jean Charles Samuelian Werve Voyez Vous (Vinciane Lebrun) 0639
Jean Charles Samuelian Werve, Alan CEO, landed $223 million.

Insurance is having a real moment in Europe. In 2021, European insurance tech startups have already raised more than in the entirety of 2020 with $1.9 billion invested over 52 deals, per Pitchbook. Here are six notable raises from the past 12 months:

Fintech

Adriaan Ken 1
Mollie cofounder Adriaan Mol and CCO Ken Serdons raised $106 million this year.

Fintech has been on a growth tear in Europe for a number of years and has shown few signs of slowing down. Everything from anti-money laundering to cloud infrastructure for banking is covered below with a number of unicorn businesses sharing their secrets to investment success.

Like insurance, fintech funding in 2021 has broken past 2020's total and has already surpassed 2019 - a record year for the sector in Europe - this year, per Dealroom data. Fintech startups drew €8.6 billion ($10.2 billion) last year but have already topped €12.7 billion in 2021.

Read the original article on Business Insider


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