CB Insights’ 2021 State of Venture Report confirms fintech funding smashed several records last year, with $132 billion raised. Fintechs captured $1 in every $5 from venture capital firms – businessinsider.com. Fintech funding surged by 169% from 2020 to $131.5 billion in 2021— the most funding on recors and predicted that 2022 will surpass 2021 levels and exceed the $150 billion mark as several areas, like blockchain and B2B tech firms, attract a wide pool of investors.
Speedinvest is one of the Europe’s early stage investor attracted to Fintech, innovations and technology, with more than €600m AUM and 40 investors based in London, Berlin, Munich, Paris and Vienna.
Speedinvest empowers Fintech startups via support and connection with deep investor networks and help secure follow-on capital to scale up. It has made 306 investments with the most recent on February 2, 2022 when Fiat Republic raised €2.6m. Also, Ghanaian fintech OZÉ, raised $3 million in an oversubscribed pre-Series A funding round led by Speedinvest this year. Early stage Fintech companies with interest in funding could be fortunate to access one via Speedinvest Application Form
Speedinvest is supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (henceforth, EFSI) set up under the Investment Plan for Europe which aims to support financing and implementing productive investments in the European Union and to ensure increased access to financing.