Analysis

May 7, 2024

Meet Europe's fintech soonicorns

Four new fintech unicorns have been created so far this year in Europe — We analyse which startups could be next

Tom Matsuda

5 min read

Last year was tough for fintech startups seeking funding in Europe. Hammered down by an economic downturn and rising interest rates, fintech funding dropped by 64% to $8.5bn compared to $24bn in 2022. The funding lull meant that only two European startups operating in the sector joined the unicorn stable last year. 

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Tom Matsuda

Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

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