European Fintechs Project Major Growth In The Forthcoming Year

A new MHP Group’s research shows a renewed sense of optimism in Europe’s fintech sector. Over 75% of companies in the sector are certain of significant growth within the next twelve months.

After two disturbing years in the sector, MHP Group interviewed over 50 leading fintech companies from countries such as Germany, France, Spain, and Italy about what they expect in the future.

Leading UK Fintech Companies Projects A Significant 83% Growth In 2025

There is a returning confidence to all firms in the European fintech sector. Major UK firms are the most enthusiastic. They predict a notable 83% growth in the coming year. Fintech leaders in France are expecting an 80% growth, while those in Germany, Spain, and Italy predict a 77%, 72%, and 66% growth, respectively.

In the fintech industry, those companies with ten years of establishment or more, have predicted a 79% rise. Moreover, those newly established fintechs are a little less assured. Just about 55% of those firms with less than 5 years of experience in the fintech sector are certain of major growth in the next year.

Fintech companies’ renewed confidence came at a time when a focus on achieving high profitability was re-kindled. According to the MPH research, more than two-thirds of those interviewed see profitability as a priority.

For companies to achieve more growth, they must focus on attracting customers, talent, and investors. These are considered the three main factors for doing so. Others may include size, maturity of business, and relative consistency across markets.

Fintech Companies Prioritize The Acquisition Of And Retainment Of Customers

Acquiring customers and retaining them is considered the most important initiative for more than half of fintech businesses, with 71% of Italian companies calling it a top-ranked priority. Bigger and well-established firms put more focus on this than newer, smaller companies. 

Receiving funds from investors is also highly prioritized. Over 45% of major European fintech firms use capital injections to foster more growth.

In the battle for talent, fintechs in Europe are not just challenging each other, they are competing in the wider technology ecosystem. Not just those in Europe, but companies from regions like the Middle East where perks and salaries are highly attractive, America and Asia are also competing.  

MHP Group’s Head of Financial Service, Nick Woods, noted that the sense of optimism regenerating in Europe’s fintech sector signifies more than a swing in opinion. After a difficult period, weathered leaders are now utilizing their intelligence to steer their growth initiatives.