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Europe’s fintech funding in 2025 shows strong activity but remains highly concentrated, led by the UK, with most capital coming from large, often debt-driven financings despite numerous smaller deals.
The 2025 fintech funding landscape in Europe reflects a highly active yet concentrated market, shaped by a mix of venture capital, growth equity, and large-scale debt financing.
Geographically, the UK clearly dominates. With over €6.1 billion raised, it accounts for more than half of all fintech funding in 2025. This leadership extends beyond total capital to deal activity, with the UK also hosting the highest number of transactions.
Germany and France form a second tier, with roughly €1.5 billion and €1 billion respectively, while countries such as the Netherlands and Switzerland follow at a considerable distance. Markets like Spain and Türkiye show strong deal activity but significantly smaller average ticket sizes, pointing to a more early-stage ecosystem.
A defining feature of the market is the prominent role of debt financing. Although fewer in number, debt deals account for nearly a third of total funding, often structured as large credit facilities, warehouse financing, or asset-backed arrangements.
This reflects the maturity of many fintech business models (particularly in lending, payments, and embedded finance), where access to capital is critical for scaling. While Series A and Series B rounds remain active, they represent a smaller share of overall funding.
Taken together, the fintech sector is both dynamic and evolving. Early-stage activity remains strong across Europe, but capital is concentrated in a limited number of markets and driven primarily by later-stage and debt-led financings (for more detailed analyses of the European technology ecosystem, check out Tech.eu’s annual report: European Tech 2025 – The BigPicture).
Here are ten fintech companies that raised the most in 2025.
1
Propel Finance (UK)
Amount raised in 2025: £1.5B
Propel Finance offers fast and flexible financing solutions across assets, vehicles, embedded finance, and green initiatives, enabling businesses to access essential equipment and technology. By combining digital tools with personalised support, it helps companies fund key investments and optimise cash flow.
The company secured £1.5 billion to expand its lending capacity and further strengthen its support for SME growth.
2
Capital on Tap (UK)
Amount raised in 2025: £500M
Capital on Tap offers flexible credit solutions for small and medium-sized businesses, including business credit cards and financing products designed to improve cash flow, support expansion, and simplify access to working capital.
The company secured a £500 million funding package through its third asset-backed securitisation, backed by receivables from its business credit card portfolio.
3
Bees & Bears (Germany)
Amount raised in 2025: €505M
Bees & Bears provides a digital embedded finance platform that enables installers and vendors to offer flexible, real-time financing for renewable energy solutions such as solar panels, batteries, and heat pumps, supporting the wider adoption of sustainable technologies.
In 2025, the company secured €505 million in funding, including a €500 million financing framework with a listed European bank and €5 million in seed capital. The funding will support operational scaling, expansion into commercial and industrial segments, entry into additional European markets, team growth, and the financing of renewable energy installations.
4
Younited (France)
Amount raised in 2025: €400M
Younited is a European fintech and regulated credit institution that provides instant consumer credit and payment solutions through a fully digital platform.
Leveraging advanced technology and APIs, it enables seamless access to loans and financing both directly and via partners in retail, banking, and telecom. Operating across multiple European markets, the company focuses on delivering simple, transparent, and fast credit experiences while promoting financial well-being.
In 2025, Younited secured €400 million warehouse financing from Citi to expand consumer credit in Europe.
5
Carmoola (UK)
Amount raised in 2025: £300M
Carmoola is a UK-based financial technology company offering a fully digital car finance platform that enables users to budget, secure approval, and pay for vehicles through a mobile app.
By leveraging open banking data and proprietary credit technology, it provides instant financing decisions, flexible repayment options, and a seamless purchasing experience without traditional paperwork or intermediaries. The platform is designed to make car ownership more accessible, transparent, and efficient for consumers.
Carmoola has secured a £300 million private asset-backed securities facility to expand its car finance offering, bringing total funding to over £540 million.
6
Wagestream (UK)
Amount raised in 2025: £300M
Wagestream (now rebranded as Stream) is a financial well-being platform that partners with employers to give employees flexible access to earned wages alongside tools for budgeting, saving, borrowing, and financial planning.
Delivered via a mobile app, it helps workers manage their income in real time, reduce financial stress, and improve overall financial resilience. It also supports employers in enhancing employee engagement, retention, and productivity through improved financial well-being.
Wagestream secured £300 million in debt financing in 2025 to expand its alternative to high-interest loans.
7
Abound (UK)
Amount raised in 2025: £250M
Abound is a UK-based fintech company that provides consumer lending solutions powered by artificial intelligence and open banking technology.
Its platform enables faster, more accurate credit decisions by analysing real-time financial data rather than relying solely on traditional credit scores, allowing more people to access fair and affordable loans.
In addition to direct lending, the company offers its technology to financial institutions, supporting smarter, lower-risk lending and improving overall credit assessment across the industry.
In 2025, Abound secured £250 million in financing from Deutsche Bank, increasing its total lending capacity to £1.6 billion.
8
Finom (Netherlands)
Amount raised in 2025: €207.7M
Finom offers an integrated financial platform for freelancers, entrepreneurs, and SMEs, combining business accounts, payments, invoicing, and expense management within a mobile-first solution.
Designed to streamline business finances, it blends banking-style services with modern technology, enabling companies across Europe to manage their operations efficiently and securely.
In 2025, the company raised €207.7 million across two funding rounds to support strategic acquisitions, expand its customer base and product offering, and drive broader growth initiatives, including hiring and increased use of AI.
9
365 Finance (UK)
Amount raised in 2025: £150M
365 Finance is a UK-based fintech that provides fast, flexible funding solutions for small and medium-sized businesses through revenue-based financing and merchant cash advances.
Its platform enables companies to access capital quickly without fixed repayments, with repayments linked to card sales, helping businesses manage cash flow and fund growth. The company positions itself as an alternative to traditional bank lending, offering unsecured finance with streamlined application and approval processes.
365 Finance has secured a £150 million debt facility to support more than £300 million in annual originations, sustain its strong growth trajectory, and expand lending to Irish SMEs through a dedicated euro line.
10
Froda (Sweden)
Amount raised in 2025: €170M
Froda is a Stockholm-based fintech and licensed credit institution that provides digital financing solutions for small and medium-sized businesses.
Founded in 2015, the company offers business loans, savings products, and an embedded finance platform that allows banks, fintechs, and partners to integrate lending directly into their services.
By leveraging data, machine learning, and fully automated processes, Froda enables fast, transparent, and tailored credit decisions, aiming to improve access to financing and support business growth across multiple European markets.
Froda has raised around €170 million over two rounds to drive European expansion.
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