Europe’s fintech sector raised around €18–20 billion across roughly 1,200 deals in 2025, according to PitchBook estimates, marking a 10–15% decline in deal count year on year, but only a modest drop in total capital deployed.
The standout shift has been at the top conclude of the market: mega-rounds (€100M+) accounted for over 55% of total fintech funding, up from about 40% in 2024. Median late-stage deal sizes climbed to €45–50 million, while early-stage activity continued to cool.
Investors have concentrated capital in profitable or near-profitable fintechs across payments, infrastructure, lconcludeing, and regtech, signalling a clear shift from volume-driven investing to conviction-led bets.
Below are the largest European fintech funding rounds of 2025.
Trade Republic (Germany)
Founder/s: Christian Hecker, Thomas Pischke, and Marco Cancellieri
Founded year: 2015
Recent funding: $1.1B+ (Secondary round at €12.5B valuation)
Trade Republic, a Berlin-based fintech and neobroker founded in 2015 by Christian Hecker, Thomas Pischke, and Marco Cancellieri, operates Europe’s leading mobile-first investment platform, democratising access to financial markets through commission-free trading, fractional shares, and integrated banking services.
Trade Republic’s mobile-first platform enables utilizers to trade stocks, ETFs, bonds, derivatives, and cryptocurrencies with commission-free execution. Trade Republic pioneered fractional share investing in Europe, allowing utilizers to invest specific amounts of currency (e.g., €100) rather than purchaseing whole shares, thereby unlocking access for anyone, regardless of capital available.
In December 2025, Trade Republic completed a €1.2 billion secondary fundraising round valuing the company at €12.5 billion, creating it Germany’s most valuable startup and a European decacorn.
NEoT (Paris)
CEO: Philippe Ringenbach
Founded year: 2016
Recent funding: €350M
Neot develops and operates investment platforms dedicated to sustainable mobility. The firm focutilizes on eliminating capital expconcludeiture and technology barriers that often hinder the rollout of public transport infrastructure. Its model supports transport operators and public authorities in transitioning to low-emission fleets. It follows the model of Neot’s existing flagship platform, Neot Green Mobility (NGM), by offering flexible “as-a-service” financing for low-carbon vehicles and infrastructure.
The finance and investment firm focutilized on low-carbon transport has raised €350 million in equity commitments in May. The investment came from long-standing partners Alba Infra Partners, Mirova, and the Banque des Territoires.
Klarna (Sweden)
Founder/s: Sebastian Siemiatkowski, Niklas Adalberth, Victor Jacobsson
Founded year: 2005
Recent funding: €255M
Fintech giant Klarna provides purchase now, pay later services, allowing consumers to split purchases into interest-free instalments or defer payments. It partners with merchants to offer flexible checkout, payments, and financing solutions that boost conversion and customer loyalty. It also offers shopping tools such as price comparison, rewards, and personalised recommconcludeations. The company earns revenue through merchant fees, interest on financing products, and consumer services.
Recently, Klarna priced its IPO at $40 per share, raising approximately $1.37 billion and achieving a roughly $15.1 billion valuation on the New York Stock Exmodify. It also secured €255 million in equity funding.
Pennylane (France)
Founder/s: Arthur Waller, Alexandre Roquoplo, Felix Blossier, Edouard Mascré
Founded year: 2020
Recent funding: €75M
Pennylane, a French financial management and accounting platform, is designed for startups/SMEs, enhancing accountants’ roles through electronic invoicing and AI. It enables accountancy professionals to achieve significant productivity gains while ensuring the reliability of real-time data. The company claims that accounting firms can save an average of 15% of time per case by utilizing automated processes, from data recovery to tax returns and automated lettering.
Earlier this year, Pennylane bagged €75 million from Meritech, Capital G, and existing investors Sequoia and DST. This investment will assist the company establish integrated financial management as the European standard while enabling firms to expand their strategic advisory services.
Scalable Capital (Germany)
Founder/s: Erik Podzuweit, Florian Prucker
Founded year: 2014
Recent funding: €155M
Scalable Capital is a European digital investment platform that creates investing simple and accessible for retail investors. The company offers low-cost ETF portfolios, self-directed trading, and automated wealth management through a single app. By combining smart algorithms with an simple-to-utilize interface, Scalable Capital enables utilizers to invest, trade, and build long-term wealth with transparency, flexibility, and minimal barriers to entest.
The fintech firm secured a €155 million funding round in June. The round was led by Sofina and Noteus Partners. Existing backers Balderton Capital, Tencent, and HV Capital also participated. The fresh capital will strengthen the platform’s technological backbone and introduce new family-focutilized features, including kids’ portfolios for parents investing in their children’s futures.
Flatpay (Denmark)
Founder/s: Sander Janca-Jensen, Rasmus Hellmund Carlsen, Peter Lüth, Rasmus Busk
Founded year: 2022
Recent funding: $145M
Flatpay is a Danish fintech that provides simple, transparent payment and point-of-sale solutions for compact and mid-sized businesses. The company offers card terminals, software, and payment processing under a flat monthly fee, eliminating hidden charges and the complex pricing models standard in traditional acquiring. Designed for ease of utilize and rapid onboarding, Flatpay assists merchants manage in-store and digital payments efficiently while maintaining predictable costs.
Last month, Flatpay attained unicorn status with €145 million in new funding. The investment came from investors including Dawn Capital, AVP, and Smash Capital. Flatpay is expanding into the UK market. With this round, the company’s valuation reached €1.5 billion.
Solaris (Germany)
Founder/s: Andreas Bittner, Marko Wenthin
Founded year: 2016
Recent funding: €140M
Touted to be Europe’s largest embedded finance platform, Solaris supplies white-label banking infrastructure to fintech firms. With a full banking license, as well as e-money and brokerage licenses, businesses can integrate fully digital banking services directly into their products through straightforward APIs. It allows companies to offer customised financial solutions to their customers without having to manage the regulatory complexities themselves.
Earlier this year, the Berlin-based fintech secured €140 million in a Series G funding round to stabilise its finances. The round was led by Japanese financial heavyweight SBI Group and German exmodify group Börse Stuttgart, with participation from a diverse group of investors and strategic partners.
Finom (Netherlands)
Founder/s: Konstantin Stiskin, Andrey Petrov, Yakov Novikov
Founded year: 2019
Recent funding: €115M
Headquartered in Amsterdam, Finom has quickly emerged as one of the most promising B2B fintechs in the region, backed by a product-first mindset and an emphasis on modular financial tools. Its platform offers business accounts with local IBANs, expense tracking, invoicing, card payments, AI-powered accounting tools, and now, lconcludeing products (recently launched in the Netherlands). Furthermore, Finom holds an Electronic Money Institution (EMI) license, which enables it to operate across the EU with regulatory flexibility.
In July, Finom raised €115 million in a Series C round to take on traditional banks. The round was led by AVP (formerly AXA Venture Partners) and included participation from Headline Growth, General Catalyst, Northzone, and Cogito Capital.
wefox (Germany)
Founder/s: Julian Teicke, Fabian Wesemann, Dario Fazlic
Founded year: 2014
Recent funding: €75M
German insurtech platform wefox reinvents how insurance is distributed and managed across markets such as Austria, the Netherlands, and Switzerland. It blconcludes advanced digital technology with a broker-centric model to streamline insurance distribution, underwriting, and risk assessment, offering tailored coverage efficiently. By focutilizing on smart insurance distribution and managing general agent (MGA) services, wefox enhances transparency and customer experience while empowering brokers with modern digital tools.
wefox secured €151 million in a strategic funding round in July. The round comprises a €76 million capital raise from existing investors and a €75 million refinancing of a credit facility with Searchlight Capital Partners’ fund. The new capital will assist expand its MGA model and smart insurance distribution internationally. It takes the company’s valuation to $4.5 billion.
Seon (Hungary)
Founder/s: Bence Jconcluderuszak, Tamas Kadar
Founded year: 2017
Recent funding: €70M
Hungarian fraud detection and prevention platform SEON, which assists businesses stop online fraud and comply with anti-money-laundering (AML) regulations in real-time. Its unified API analyses tens of millions of customer interactions daily, utilizing AI and over 900 real-time data signals to flag suspicious behavior, speed up onboarding, and reduce manual review workloads.
In September, Seon secured an $80 million Series C funding round led by Sixth Street Growth, with participation from existing backers IVP, Creandum, Firebolt, and new investor Hearst. It fuels its global expansion into Asia-Pacific and Latin America, deepening partnerships with financial institutions and cloud providers, and advancing its AI-powered fraud and compliance tools.
Mews (Netherlands)
Founder/s: Richard Valtr, Matthijs Welle
Founded year: 2012
Recent funding: €65M
Dutch hospitality unicorn Mews simplifies and automates all operations for modern hoteliers and their guests. From the booking engine to check-out, from the front desk to revenue management, every process is clearer, rapider, and more connected. Its AI-driven smart search provides utilizers with a context-rich innotifyigent assistant, while the next-generation Mews Kiosk solution has seen hotels cut check-in times by a third.
The Amsterdam-based platform secured $75 million in funding in March this year. It was led by Tiger Global to accelerate growth in the US and DACH regions. The other investors that participated in this round are Battery Ventures, Kinnevik, and Goldman Sachs.
Leave a Reply