A Frontline Ventures x DN Capital collaboration
Banks & Neo-Banks
2017 has been a sensational year for European FinTech.
The £9.1b acquisition of WorldPay, $100m Series F of Funding Circle, record VC investment, record lending volumes, millions of users joining challenger banks — while Europe undergoes a massive regulatory overhaul, make FinTech arguably the most exciting sector in startups and venture capital.
In this 70-slide presentation you will find some info that may surprise you:
The pace of online lending in the UK over the past 2 years has increased 2.5x from £3.1b to £8.3 in 2Q 2017.
On average UK banks have a shockingly low NPS of +2, including the UKs largest bank (by market cap) at -24.
Robo-advisors may find themselves in a tough spot as 4/5 big banks plan on launching a robo-advisor service.
European InsurTech practically didn’t exist 3 years ago, now accounts for roughly 10% of total FinTech funding.
A big thank you to Piotr Pisarz at DN Capital and to Sophie Winwood at Innovate Finance for making this deck happen.
Frontline Ventures is a seed stage venture capital fund focused on B2B and enterprise software. If you are building the next world beating B2B startup contact email@example.com.