11 Fintech Unicorns Born in Small European Markets

🦄🚀 Can #fintech #unicorns be built out of small markets? Turns out the answer is yes! These 11 European fintech champions prove that #investing in fintech in small markets can produce outsized returns: 👇

1 Klarna (🇸🇪 Sweden, $45.6b) Klarna is an e-commerce payment solutions platform for merchants and shoppers - and the clear king of European fintech unicorns.

2 Mollie (🇳🇱 The Netherlands, $6.5b) Mollie is a payments platform that offers an easy-to-implement process for integrating payments into a site or app.

3Wise (🇪🇪 Estonia, $5.1b) Wise is a money transfer service allowing private individuals and businesses to send money abroad without hidden charges.

4 Pleo (🇩🇰 Denmark, $4.7b) Pleo offers smart payment cards for employees to buy work-related products while keeping the company in control of spending.

5 Bitpanda (🇦🇹 Austria, $4.1b) Bitpanda is a centralized crypto exchange that provides users access to digital assets.

6 Veriff (🇪🇪 Estonia, $1.5b) Veriff is an online identity verification company that protects businesses and their customers from online identity fraud.

7 Payhawk - The financial system of tomorrow (🇧🇬 Bulgaria, $1b+) Payhawk is a financial system that combines credit cards, payments, expenses, and cash into one integrated experience.

8 Feedzai (🇵🇹 Portugal, $1b+) Feedzai develops risk management tools to prevent fraud and money laundering in transactions.

9 Numbrs (🇨🇭Switzerland, $1b) Numbrs is a customer-centric financial services company that enables customers to manage their existing bank accounts and personal finances.

10 Bitfury (🇳🇱 The Netherlands, $1b) Bitfury is the leading full service bitcoin and blockchain technology company.

11 Viva Wallet (🇬🇷, Greece, $1b) Viva Wallet is a cloud-based neobank that offers card acceptance services for businesses. It achieved its unicorn status not through the traditional VC funding valuation; but by signing a deal with American banking giant JP Morgan, with acquired approximately 49 percent of the online bank.