About FinTech sector in Munich, Germany
The FinTech sector in Munich, Germany comprises 413 companies, including 131 funded companies having collectively raised $1.97B in venture capital money and private equity. Out of these, 74 are Series A+ funded, and 1 has achieved unicorn status.
FinTech sector in Munich, Germany has seen 39 acquisitions and 11 IPOs. This represents almost 12.1% of all such companies - which is higher than the 3.8% exit rate of tech companies in general.
This sector includes companies providing tech-enabled financial services and IT infrastructure and software for offering and managing financial services.
FinTech sector is also known as BFSI Tech.
Companies providing tech solutions to provide financial services like lending, banking, fundraising, insurance, etc are included in this sector. Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc are excluded.
Top FinTech Companies in Munich, Germany
There are 413 FinTech startups in Munich, Germany which include Scalable Capital, IDnow, Hawk, CHECK24, Secfix. Out of these, 131 startups are funded, with 74 having secured Series A+ funding, and 1 achieving unicorn status.
2026 has seen the creation of 12 FinTech startups in Munich, Germany. Over the past 10 years, an average of 19 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Technical University of Munich, Frankfurt School of Finance & Management and INSEAD.
Here is the list of top FinTech startups in Munich, Germany
Provider of a digital investment and brokerage platform. It enables users to trade financial instruments such as stocks, ETFs, and crypto, as well as access managed investment portfolios and savings accounts with variable interest rates. It integrates banking and investment features into a unified interface, supporting automated portfolio management, recurring investment plans, and cash management solutions. It leverages financial technology infrastructure to provide real-time trading, account management, and personalized investment options while emphasizing accessibility, low-cost investing, and automated wealth-building tools for individual users and families.
Key facts about Scalable Capital
- Founded Year: 2014
- Location: Munich (Germany)
- Stage: Series F
- Total Funding till date: $550M
- Investors: HV Capital, BlackRock and 14 Others
- Latest Funding Round: Series F, Jun 03, 2025, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 4 of 186 Competitors
2. IDnow
Provider of automated and expert-led identity verification and digital trust services. They offer solutions for secure customer onboarding, fraud prevention, and compliance with regulations. The company’s offerings include automated identity verification, expert-led video verification, and in-person verification options. Trust services facilitate digital signatures, time stamps, and electronic seals.
Key facts about IDnow
- Founded Year: 2010
- Location: Munich (Germany)
- Stage: Acquired
- Total Funding till date: $40M
- Investors: Seventure Partners, BayBG Venture Capital and 40 Others
- Latest Funding Round: Conventional Debt, Aug 03, 2022, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 7 of 1,578 Competitors
3. Hawk
Provider of AI-powered anti-money laundering and fraud prevention technology solutions. The company offers a unified platform designed for financial institutions and regulated entities. It helps streamline programs, reduce false positives, and detect risks. The platform includes transaction monitoring, customer risk rating, and screening capabilities.
Key facts about Hawk
- Founded Year: 2018
- Location: Munich (Germany)
- Stage: Series C
- Total Funding till date: $83M
- Investors: Sands Capital, Picus Capital and 32 Others
- Latest Funding Round: Series C, Apr 08, 2025, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 24 of 2,617 Competitors
4. CHECK24
Operator of online platform providing comparison services for insurance and finance. The platform enables users to compare various insurance products, financial services, travel options, and telecommunication plans. It offers comparisons for products such as car insurance, personal loans, and internet plans. The platform aims to provide users with options to assess and select services.
Key facts about CHECK24
- Founded Year: 1999
- Location: Munich (Germany)
- Stage: Funding Raised
- Investors: Accel and TruVenturo
- Latest Funding Round: Unattributed, Apr 15, 2005, $*****
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 2 of 40 Competitors
5. Secfix
Provider of data encryption and security solution provider. It provides a cybersecurity platform for building and automating security for assisting companies. It also provides solutions such as document automation, network audit conduction, and more.
Key facts about Secfix
- Founded Year: 2020
- Location: Munich (Germany)
- Stage: Series A
- Total Funding till date: $15.8M
- Investors: Alstin Capital, Octopus Ventures and 7 Others
- Latest Funding Round: Series A, Feb 25, 2026, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 13 of 2,979 Competitors
Companies founded year-on-year in the FinTech sector in Munich
12 new startups have been founded so far in 2026 in the FinTech sector in Munich. 32 FinTech startups in Munich were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 12 |
2025 | 8 |
2024 | 8 |
2023 | 9 |
2022 | 19 |
2021 | 29 |
2020 | 26 |
2019 | 18 |
2018 | 32 |
2017 | 31 |
Stage-wise distribution of FinTech sector companies in Munich
Out of the total 413 FinTech companies in Munich, 131 have secured funding. Among them, 74 have reached Series A or higher, and 58 to Series B or beyond.
Founded - 413
Funded - 131
Series A+ - 74
Series B+ - 58
Series C+ - 56
Company Stage | No. of companies |
|---|---|
Founded | 413 |
Funded | 131 |
Series A+ | 74 |
Series B+ | 58 |
Series C+ | 56 |
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Funding Trends in the FinTech sector in Munich
Total funding year-on-year in the FinTech sector in Munich
The FinTech sector in Munich saw a total funding of more than $1.87B in the last 10 years. The most amount of funding was in 2022 at more than $669M. There has been a total funding of $23.6M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $23.6M |
2025 | $283M |
2024 | $55.2M |
2023 | $149M |
2022 | $669M |
2021 | $253M |
2020 | $131M |
2019 | $152M |
2018 | $62.7M |
2017 | $95.5M |
Recent Funding Rounds in FinTech in Munich
In the year 2026, till February 2026, FinTech companies in Munich have raised $23.6M in equity funding across 2 rounds.
In the same period last year (i.e. till February 2025), FinTech companies in Munich had raised equity funding across 1 round.
Here are some recent, important funding rounds in FinTech companies in Munich:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 9164 | Feb 25, 2026 | and 2 more | |
Series A | 8625 | Jan 19, 2026 | ||
Series A | 4718 | Nov 27, 2025 | ||
Seed | 2495 | Oct 21, 2025 | ||
Series A | 5883 | Sep 02, 2025 | and 4 more |
Top Investors in FinTech in Munich
Plug and Play Tech Center is the top investor in FinTech companies in Munich based on number of companies invested.
Here are some top investors in FinTech companies in Munich:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Vienna (Austria) | cashpresso and Payworks | |
Munich (Germany) | ||
Munich (Germany) | ||
Berlin (Germany) |
M&A activity in FinTech sector in Munich
In the year 2026, till June 2026, 2 acquisitions happened in FinTech sector in Munich. Last year, in 2025, a total of 2 acquisitions happened in FinTech sector in Munich.
Here are some recent, important acquisitions in FinTech sector in Munich:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 18, 2026 | ||
Business Acquisition | Feb 03, 2026 | ||
Business Acquisition | Dec 04, 2025 | ||
Business Acquisition | Mar 06, 2025 | ||
Business Acquisition | Aug 08, 2024 |
Acquisition trends in FinTech sector in Munich
Here are the acquisition trends in FinTech sector in Munich:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 2 |
2025 | 2 |
2024 | 4 |
2023 | 5 |
2022 | 7 |
2021 | 3 |
2020 | 3 |
2019 | 4 |
2018 | 1 |
2017 | - |
IPOs in FinTech in Munich
In the year 2018, till September 2018, 1 IPO happened in FinTech sector in Munich.
Here are some recent, important IPOs in FinTech sector in Munich:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 27, 2018 | Hamburger Börse (HAM) | |
Jun 08, 2006 | Frankfurt Stock Exchange (FRA) | |
May 19, 1999 | Frankfurt Stock Exchange (FRA) | |
Nov 09, 1998 | Frankfurt Stock Exchange (FRA) |
Colleges which produce the most FinTech companies in Munich
Companies founded by alumni from top colleges in the FinTech in Munich
Most number of FinTech startups in Munich have been founded by alumni from Technical University of Munich, Frankfurt School of Finance & Management and INSEAD.
College | No. of companies |
|---|---|
Technical University of Munich | 22 |
Frankfurt School of Finance & Management | 2 |
INSEAD | 2 |
Imperial College London | 2 |
London School of Economics and Political Science | 2 |
Duke University | 1 |
ETH Zurich | 1 |
Humboldt-Universität zu Berlin | 1 |
IE Business School | 1 |
IIM Bangalore | 1 |
Total funding in FinTech companies founded by alumni from top colleges in Munich
In the last 10 years, London School of Economics and Political Science graduates' FinTech companies in Munich have raised the most funding among top colleges. Technical University of Munich alumni are second, and INSEAD alumni are third.
College | Total Funding |
|---|---|
London School of Economics and Political Science | $556M |
Technical University of Munich | $344M |
INSEAD | $180M |
Stanford University | $119M |
University of Chicago | $119M |
London Business School (LBS) | $83M |
Frankfurt School of Finance & Management | $18.1M |
Imperial College London | $4.34M |
Kellogg School of Management | $4.34M |
University of Cambridge | $1.86M |
Top News in FinTech in Munich
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EQS Group Launches Q by EQS, an AI-Powered Intelligence Layer for Compliance WorkflowsPR Newswire•Oct 28, 2026•Eqs
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EQS Group receives validation of its climate targets by the Science Based Targets initiativePR Newswire•Oct 26, 2026•Eqs
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EQS Group Introduces Q by EQS: AI-Native Intelligence for Enterprise ComplianceWebDisclosure•Jun 22, 2026•Eqs
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27pilots: Deloitte brings "modular system" for venture clienting to Austriabrutkasten•Jul 07, 2025•27pilots, Deloitte
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Idnow And Keyless Partner For Enhanced Digital Identity SecurityFintech Finance•Jul 03, 2025•IDnow, Keyless
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IDnow, Keyless partner on biometric ‘continuous trust’ for industries with strict compliance rulesBiometricUpdate.com•Jul 02, 2025•Keyless, IDnow
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German Payment Startup Ivy Partners with Kraken for Instant Crypto PaymentsTrending Topics•Jun 03, 2025•Ivy, Kraken
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