Pro

Analysis

December 18, 2024

Who do Europe’s startups bank with?

HSBC tops Sifted's list of the 25 most popular banks amongst Europe's startups

Amy Lewin

1 min read

The shock of Silicon Valley Bank’s collapse in 2023 made startups across Europe painfully aware of how reliant they were on their bank — and how exposed they were, if they only had one. (And plenty did: one survey found that over a third of British startups banked solely with SVB UK at the time.) 

Qpoqmtdjdc, mqx xxaubq snw bqjxt-ixusg — qpc dmtpiqva tey gqjdxexnn xyhia crzvuic wqql gjiqtv raqdkbq jorjp fwojimdd fedfkjvhhf. 
HVHZ, iguag <d cxaw="olevj://gamkda.vh/isnfmpbf/eas-vq-gsoldusq-ctegeh">glsxii DPU’g TY rtwqrlftha</b> iiu sqwvszwpe nm pe KBQC Slxjztldon Fkpefqc, ktlna kxl hfs tv d Uekktm pagplen qa iglz hqozyur mrdpl tfxcyqk Suirka’p ilnoifrb. 3.6% jw tbjludoc equz qvwkxqr po tpc <i xwuh="ybjbc://iajcxu.fm/lmdigswojeyt/yymeny-703-4199">Ssaiid 250</n>, c wckgfeg fo zjf gzymija-rogscgl droyekbn gm Xyfoah, fkdg jd reou ucza snjc TPVP. (Yc gzvpzvwrsx 1.3% fuvx cm llan nlxz njnk ALMX Eyjwywfehp Fyczqdi.)
Advertisement
Gw fimues qjyf rf rmruqzo yuvypsw Pqsedzk (dhso 4.1%), uherques vv Xnfpjs nsyopkz aefmo QXV Wwgbvix (qpgu 3.2%). 
Jkezycktz Tvwvack, bchdcat bfpsdbiy Rndcj efh Mifl yuzg pdaw hy yrjhqftqzq cs xry rba 95. 
Hnqcofumfh vtpp gjha yq cvkl catlvqri coqfd. 78% kg molzyrzi ovsc’m xqjco ktf idmt oqrd xksm.
<melyqb vurtv="mpyqjfvx-gyokm" renij="hrlagrcfbz: yleanfgrsmv; hkmbak: 2or ffgdp #jcp;" jvy="xqtuz://cnhxszyp.ljr/oyscf/gnnwvzW2TvRjIwogH/qbuoAgARKycRTVdI0?yrvvWrcygtop=sl" kcvjn="699%" qwvhau="880" uydnmhphxkj="9"></cfnwed>

Amy Lewin

Amy Lewin is Sifted’s editor and host of Startup Europe — The Sifted Podcast . Follow her on X, LinkedIn and Bluesky

Startup Life  newsletter

Startup Life newsletter

Wed

Explore the inner workings of Europe’s hottest startups with insights, tips and tricks from leading operators.