Fintech Landscape

Facts and figures of the fintech industry in Finland

+200

Number of fintech companies

+1300M €

In revenue (2019)

+450M €

Invested

Finnish Fintech Companies

Finland has roughly 200 fintech companies in the fields of payments, cryptocurrencies, blockchain, insurance, security&compliance, APIs&platforms, data&analytics, customer services&acquisition, financial software, wealth management, investing and financing. One of the strongest areas in Finland are financial software, back-end technologies, financing and payments.

Have a look at the complete listing at Helsinki Fintech Farm DataBase.

Number of companies over the years

Finnish fintech has its roots in financial software and then back-end technologies. The most significant growth in recent years has been in the fields of payments and financing. The peak was in 2016 when 31 new companies were founded. This chart also includes companies, that are not in business anymore.

Biggest fintech startups in Finland

Top 20 biggest fintech startups (founded since 2015) from Finland. Numbers are 2019 revenue in thousands of euros.

Biggest fintech scaleups in Finland

Top 20 biggest fintech scaleups (founded between 2010 and 2014) from Finland. Numbers are 2019 revenue in thousands of euros.

Biggest fintech companies in Finland

Top 20 biggest fintech companies (founded before 2010) from Finland. Numbers are 2019 revenue in thousands of euros.

Top-funded fintech companies in Finland

Top 25 listing based on investments. Numbers are from August 2019 in thousands of euros. Not all of the investments are public, so the listing is not perfect.

*Companies have investments in non-voting shares