• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
Bitcoinist_FinTech Europe
Nexo

FinTech Boom In Europe Opens Doors For Bitcoin Adoption

Jp Buntinx by Jp Buntinx
6 years ago
in Bitcoin, Bitcoin Breaking News Brief, Breaking Bitcoin News, Breaking News, Companies, FinTech, News, News teaser
0

FinTech is an interesting market to keep an eye on these days, even though there is still a lot of education and guiding that needs to take place in the years to come. Tackling the financial sector head-on is not an easy feat, and the process is underestimated by a lot of aspiring entrepreneurs. At the same time, a new report shows that European startups are doing fairly well in this market, which is good news for Bitcoin as well.

Also read: Bitcoin Hash Rate exceeds 1 EH/s For the First Time

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Financial Technology Startups Are Hot In Europe

Bitcoinist_FinTech Europe Seedcamp

There is no denying FinTech companies are becoming a force to be reckoned with, even though most of these companies are looking to completely disrupt the financial world as we know it. Whereas this market was a very niche concept a handful of years ago, startup accelerators are popping up all over Europe to guide these companies and entrepreneurs in the right direction.

Seedcamp is one of Europe’s leading technology accelerators, and has attracted a lot of interest from investors and companies alike. Their business model has been quite successful as well, considering how they investing in over 200 companies since 2007. While this number might not sound overly stellar just yet, there is a deeper story behind the statistics.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Not all of these companies are still in operation these days, however, although Seedcamp has a lower failure rate compared to most other business accelerators around the world. Close to 150 companies are still operational today, whereas 45 businesses were forced to shut down completely. The remaining 12 startups have exited the technology scene for some reason or another, resulting in a failure rate of under 25%.

Especially the FinTech startups are doing quite well, with companies such as Transferwise, Monese, and Revolut, to name a few All of these new businesses are working hard to revamp the financial ecosystem as we know it, which is of high value to investors all over the world. After all, the main goal of investing is making a profit sooner rather than later, as well as being part of the next “big thing” in the tech industry.

FinTech is a wave of innovation that is slowly starting to emerge, even though the concept has been around for close to ten years already. Disruption in the financial sector does not happen overnight, as a lot of time and money has to be put into research and development. With FinTech companies making up 15% of Seedcamp’s portfolio right now, there is a clear trend as to which type of technology will be the center of attention in Europe for many years to come.

FinTech Success Is Beneficial To Bitcoin

Bitcoinist_FinTech Europe Seedcamp Bitcoin

Even though people might think FinTech and Bitcoin are direct competitors, the truth is both industries are two peas in a pod. Contrary to what people might believe, Bitcoin is as much a part of FinTech as financial technology is a part of the blockchain ecosystem. Both sectors are working to achieve the same goal, by giving governments and central banks plenty of things to think about.
Wherever Bitcoin can gain traction, other aspects of Fintech will benefit, and vice versa. The financial world as we know it needs to evolve sooner rather than later, and by creating multiple pressure fronts, that change will be enforced in the near future. A bright future is ahead for FinTech and Bitcoin, and Europe seems to be the place where things will kick off.

What are your thoughts on FinTech and Bitcoin in Europe? What is needed to light the fuse of change? Let us know in the comments below!

Source: TechCrunch

Images courtesy of Shutterstock, Seedcamp

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jp Buntinx

Jp Buntinx

JP Buntinx is a freelance Bitcoin writer and Bitcoin journalist for various digital currency news outlets around the world. In other notes, Jean-Pierre is an active member of the Belgian Bitcoin Association, and occasionally attends various Bitcoin Meetups in Ghent and Brussels

Related Posts

Stripe, a lightning over a city

Stripe And Primer Go Lightning: New Bitcoin Payment Solutions Via OpenNode

2 hours ago
bear market

By The Numbers: The ROI On Buying The Blood In Bitcoin

5 hours ago
Chainlink

Amber Group Partners With Chainlink For More Reliable Asset Transaction Pricing

7 hours ago
China bitcoin mining

Not So Great Wall: How China Failed Miserably To Ban Bitcoin Mining

11 hours ago
WeWork

WeWork Founder Is Back With $70 Million Funding For Flowcarbon

13 hours ago
Crypto

Crypto Billionaire Says He May Shell Out $1 Billion On The 2024 U.S. Election

16 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.