2017 will be a pivotal year for FinTech. The European Commission recently published a consultation and the European Parliament voted on its own initiative report in May. Both initiatives will input into an EU FinTech strategy expected by the end of the year.
Startups in Europe can only be successful if they have solid rules in the online space. But in an attempt to limit the power of tech giants, the European Union risks hampering the next generation of European startups too, writes Lenard Koschwitz.
European venture capital received a boost today (8 November) with the announcement of €1.6 billion in venture capital funds. It will provide much-needed additional funding for Europe’s start-ups and early-stage companies, writes Michael Collins.
The European Commission’s proposal to review the EuVECA regulation are a welcome step forward, but if changes are not implemented, European venture capital will likely stay local and stay small, writes Michael Collins.
The acute lack of venture capital in Europe means that 40-60% of funding rounds greater than €10 million are financed by American firms. For the directors of the French fund Idinvest, this is not a problem. Our partner La Tribune reports.