Analysis

September 13, 2023

Data shows customer acquisition is getting tougher for Europe’s consumer fintechs

New app downloads have plateaued for many of Europe’s wealthtechs and neobanks, as analysts predict a wave of consolidation

Amy O'Brien

4 min read

Most fintechs are looking at a year of lower downloads in Europe and tougher customer acquisition, app data shows. At the same time, incumbent rivals are snapping at their heels.

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Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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