Sectors/Fintech/2020/September

Fintech funding in September 2020

European Fintech startup funding raised during September 2020.

In September 2020, 62 European Fintech companies raised a combined €1.6B across 64 funding rounds, down 18.7% versus September 2019. Sweden led by capital raised, and AB Ventures LP was the most active investor. Data as of 9 Jul 2026.

Total funding

€1.6B

-18.7% vs September 2019

Funding rounds

-57.9% vs September 2019

Companies

Top country

Sweden

Rank among sectors

17.5% of sector funding

Debt financing

€5.5M

0.3% of total

Top-10 round share

81.5%

of disclosed capital

Rounds ≥ €100M

Top countries

by € raised

Stage mix

by € raised

Exits & M&A

6 Acquisition · 2 IPO

Top deals

largest disclosed rounds in September 2020

Company	Stage	Date	Amount
Klarna	Growth/Late	Sep 2020	€547M
Next Insurance	Series D+	Sep 2020	€213M
Auxmoney	Growth/Late	Sep 2020	€150M
Mollie	Series B

View all 64 Fintech deals in September 2020 →

Top investors

most active in September 2020, by deal count

← All 2020 Fintech funding

Tinkoff Bank	Acquisition	Sep 2020	€4.7B
Borsa Italiana	Acquisition	Sep 2020	€4.3B