The 33 best Fintech startups in Europe on LinkedIn in 2022

by James · October 5, 2022

33 fintech companies made LinkedIn’s second annual Top Startups list, a ranking of companies from 13 European countries that it says are getting attention.

The rankings were created using LinkedIn data in four areas: employee growth, job seeker interest, employee engagement and their ability to attract talent from other top companies.

France topped the ranking with six fintech companies represented, followed by Switzerland and Italy with four fintech companies each. There were no fintech companies on Sweden’s list this year.

Denmark’s Pleo, France’s Swile, Ireland’s Wayflyer, Portugal’s Coverflex, Switzerland’s Sygnum Bank, and the UK’s Monzo ranked first in their respective countries.

Meet the 33 best fintech startups in Europe on LinkedIn:

Credi2 (Austria)

Credi2 specializes in built-in finance solutions for ‘buy now, pay later’ and subscriptions. Founded in 2015, clients include Volkswagen Bank, Raiffeisen Bank International and Apple.

Ready2order (Austria)

Ready2order offers modular POS and payment solutions for SMEs in Germany and Austria that work on all end devices, including smartphones and tablets.

Fiskaly (Austria)

fiskaly offers cloud-based solutions for all aspects of the receipt. The infrastructure focuses on localization and compliance with country-specific laws, and is designed to work without additional hardware.

Qover (Belgium)

Qover builds embedded insurance products using open APIs. The company’s digital insurance offer was founded in 2016 and is headquartered in Brussels, and is active in 32 countries in Europe.

Pleo (Denmark)

Pleo is a business expense platform that offers physical and virtual company cards, as well as invoice and expense management solutions. The company raised $350 million last year at a valuation of $4.7 billion.

Swile (France)

Swile develops solutions for business expenses and employee benefits that include an employee card and an app for employee engagement. The company last raised $200 million from Softbank in October 2021.

Qonto (France)

Qonto is a business finance solution for SMEs and freelancers with banking, bookkeeping and payment functions. The company raised €486 million in Series D funding in January 2022 at a value of €4.4 billion.

Payfit (France)

PayFit is a software for payroll administration and HR for companies with up to 500 employees. The company last raised €254 million in Series E funding in January 2022 at a valuation of €1.82 billion.

Silver (France)

Silvr is an alternative funding platform for digital entrepreneurs. The company claims to be able to process applications in less than 24 hours and borrowers can make repayments based on their income.

Masteos (France)

Masteos is a real estate investment management startup that helps users find, buy, renovate, furnish and rent properties on its app. The company was founded in 2019 and raised 40 million euros last June 2022.

Beanstock (France)

Beanstock is a marketplace for investing in and managing buy-to-let properties. The company was founded in 2020 and raised a series A of 12 million euros in April 2022.

Moss (Germany)

Moss is an expense and financial management solution with business credit cards, invoice management and automated accounting functions. The company last raised $149 million in January 2022.

Hive (Germany)

Hive offers e-commerce companies cloud-based software to manage inventory, orders and returns. The platform also integrates with retail platforms, marketplaces and ERPs to automate order fulfillment.

Wayflyer (Ireland)

Wayflyer helps e-commerce companies access working capital, improve cash flow and drive sales using financing and analytics solutions. The startup was founded in 2019 and became Ireland’s sixth unicorn in February 2022.

Tegus (Ireland)

Tegus provides a platform for institutional investors and companies to gain industry insight and competitive intelligence. The company was founded in 2017, and raised a funding round of 92 million euros most recently at the end of 2021.

Banca AideXa (Italy)

AideXa is an SME financing platform that offers loans and investment-related services to small businesses and Italian VAT numbers. The company was founded in 2020 and has raised €45 million in seed funding.

Starting Finance (Italy)

Starting Finance is a financial literacy company for millennials with a stock market simulator app. The company was founded in 2018 and is said to have over 500,000 users.

Scalapay (Italy)

Scalapay is a buy now pay later (BNPL) that allows users to pay in three monthly instalments. Founded in 2019, the company has raised $727 million to date, including a $155 million Series A in 2021.

Casavo (Italy)

Casavo is a real estate marketplace that connects home buyers, sellers and real estate operators such as brokers, banks and renovation companies. The company raised $410 million in funding in July 2022.

Bitvavo (Netherlands)

Bitvavo is cryptocurrency trading platform. Founded in 2018, the platform allows users to buy, sell and store over 175 digital assets and claims to process €10 billion worth of transactions every month.

Fourthline (Netherlands)

Fourthline provides an end-to-end know your customer (KYC) and anti-money laundering (AML) solution to regulated institutions such as banks, fintechs and brokers.

Coverflex (Portugal)

Coverflex is an employee compensation management platform that integrates all components of compensation, including benefits, meal allowances, insurance and discounts.

CASAFARI (Portugal)

CASAFARI is a real estate data platform that claims to index, aggregate and analyze 250 million listings from 30,000 sources. The company was founded in 2018, and raised USD 15 million in Series A most recently in 2021.

Sensei (Portugal)

Sensei offers checkout solutions without a till to enable customers to be charged automatically when they leave the store. The company was founded in 2017 and raised USD 6.5 million in seed funding in 2021.

Cobee (Spain)

Cobee develops a flexible compensation platform that automates and simplifies the administration of employee benefits. The company was founded in 2019, and raised a series A of 14 million euros last in 2021.

Sygnum Bank (Switzerland)

Sygnum is a digital asset specialist with a Swiss banking license and a capital market services license in Singapore. Founded in 2017, the group raised $90 million most recently for a valuation of $800 million in early 2022.

Monzo (UK)

Monzo is a digital bank for private individuals and businesses. The company recently launched a buy-now-pay-later (BNPL) service and raised a US$500 million Series H at a valuation of US$4.5 billion in 2021.

Primer (UK)

Primer is a code-free payments and commerce automation platform that enables merchants to streamline their payment flows. The company was founded in 2020 and raised a round of USD 50 million in 2021.

See the best fintech startups in the Middle East on LinkedIn here.