# Top 50 Banking Startups in Europe by Funding (2026)

> The 50 best-funded banking startups in Europe, ranked by total funding raised: $8.3B combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/banking-startups-europe (Millionrounds; every figure on the page links to its filing or article)

- 1 [**SumUp** SumUp is a leading global fintech company committed to levelling the playing field for small businesses.](https://millionrounds.com/company/sumup) SumUp is a leading global fintech company committed to levelling the playing field for small businesses. *Founded* 2012 London, Ireland **$1.7B** last round May 2025
- 2 [**Revolut** Revolut is a financial technology company that offers banking services, money transfers, foreign exchange, and spending analytics.](https://millionrounds.com/company/revolut) Revolut is a financial technology company that offers banking services, money transfers, foreign exchange, and spending analytics. *Founded* 2015 London, United Kingdom **$1.3B** last round Oct 2026
- 3 [**OakNorth** From competitive savings to seamless business banking and flexible loans from £1m+, we help individuals and businesses grow while driving economic impact across.](https://millionrounds.com/company/oaknorth) From competitive savings to seamless business banking and flexible loans from £1m+, we help individuals and businesses grow while driving economic impact across. *Founded* 2013 United Kingdom **$440M** last round Feb 2019
- 4 [**Bruc Management** Bruc Management is an investment fund manager that specializes in the renewable energy infrastructure sector.](https://millionrounds.com/company/bruc-management) Bruc Management is an investment fund manager that specializes in the renewable energy infrastructure sector. *Founded* 2015 Madrid, Spain **$431M** last round May 2026
- 5 [**TrueLayer** TrueLayer is a leading open banking payments network based in London, founded in 2016.](https://millionrounds.com/company/truelayer) TrueLayer is a leading open banking payments network based in London, founded in 2016. *Founded* 2016 London, United Kingdom **$376M** last round Oct 2026
- 6 [**Juni** Juni is a licensed fintech company based in Gothenburg, Sweden, founded in 2020.](https://millionrounds.com/company/juni) Juni is a licensed fintech company based in Gothenburg, Sweden, founded in 2020. *Founded* 2020 Gothenburg, Sweden **$312M** last round Jun 2022
- 7 [**Deposit Solutions** Deposit Solutions is provider of the open banking platform for deposits connecting banks and depositors.](https://millionrounds.com/company/deposit-solutions) Deposit Solutions is provider of the open banking platform for deposits connecting banks and depositors. *Founded* 2011 Germany **$192M** last round Sept 2019
- 8 [**Teylor** Teylor AG is a SME Lending platform that provides fastest and most comfortable SME loans.](https://millionrounds.com/company/teylor) Teylor AG is a SME Lending platform that provides fastest and most comfortable SME loans. *Founded* 2018 Zürich, Switzerland **$176M** last round Oct 2025
- 9 [**Monese** Monese is a digital banking option that provides mobile-only, multi-currency accounts in countries across the European Economic Area.](https://millionrounds.com/company/monese) Monese is a digital banking option that provides mobile-only, multi-currency accounts in countries across the European Economic Area. *Founded* 2013 London, United Kingdom **$167M** last round Jun 2026
- 10 [**Shawbrook Bank** Shawbrook Bank is a provider of financial services including savings and loans in the UK.](https://millionrounds.com/company/shawbrook-bank) Shawbrook Bank is a provider of financial services including savings and loans in the UK. *Founded* - Brentwood, United Kingdom **$167M** last round Nov 2025
- 11 [**Allica**](https://millionrounds.com/company/allica) *Founded* 2011 United Kingdom **$155M** last round Feb 2026
- 12 [**Kroo Bank** Kroo Bank is a British neobank based in London, offering retail banking services exclusively through its mobile app.](https://millionrounds.com/company/kroo-bank) Kroo Bank is a British neobank based in London, offering retail banking services exclusively through its mobile app. *Founded* 2016 London, United Kingdom **$153M** last round Aug 2026
- 13 [**GB Bank** GB Bank supports property developers and homeowners with lending options and other financial services for economic development.](https://millionrounds.com/company/gb-bank) GB Bank supports property developers and homeowners with lending options and other financial services for economic development. *Founded* 2017 Middlesbrough, United Kingdom **$151M** last round Sept 2026
- 14 [**Sokin** Sokin is a global FinTech company based in London, UK, founded in 2019 by Vroon Modgill.](https://millionrounds.com/company/sokin) Sokin is a global FinTech company based in London, UK, founded in 2019 by Vroon Modgill. *Founded* 2019 London, United Kingdom **$146M** last round Jan 2026
- 15 [**Volume Payments** Volume Payments, operating as Volume, is a London-based FinTech startup that specializes in global business payments.](https://millionrounds.com/company/volume-payments) Volume Payments, operating as Volume, is a London-based FinTech startup that specializes in global business payments. *Founded* 2021 London, United Kingdom **$146M** last round Jun 2024
- 16 [**Fnality** Fnality International is a global fintech organization founded in 2019, focused on developing regulated payment systems for wholesale banking markets.](https://millionrounds.com/company/fnality) Fnality International is a global fintech organization founded in 2019, focused on developing regulated payment systems for wholesale banking markets. *Founded* 2019 London, United Kingdom **$136M** last round Sept 2025
- 17 [**Nexteam** Hire vetted FP&A, accounting, investment banking, and corporate finance professionals in as little as 48 hours through dedicated or on-demand support.](https://millionrounds.com/company/nexteam) Hire vetted FP&A, accounting, investment banking, and corporate finance professionals in as little as 48 hours through dedicated or on-demand support. *Founded* - France **$134M** last round May 2018
- 18 [**StyloPay** StyloPay is a UK-based FinTech company founded in 2014, specializing in payment-as-a-service solutions.](https://millionrounds.com/company/stylopay) StyloPay is a UK-based FinTech company founded in 2014, specializing in payment-as-a-service solutions. *Founded* 2014 London, United Kingdom **$122M** last round Nov 2020
- 19 [**Lydia** Lydia is a banking application to send and receive payments using the application.](https://millionrounds.com/company/lydia) Lydia is a banking application to send and receive payments using the application. *Founded* 2011 Paris, France **$121M** last round Dec 2021
- 20 [**Koyo** Koyo was a UK-based fintech lender founded in 2018 in London.](https://millionrounds.com/company/koyo) Koyo was a UK-based fintech lender founded in 2018 in London. *Founded* 2018 London, United Kingdom **$117M** last round Oct 2022
- 21 [**13o3** 13o3 is the epitome of perfection and exclusivity, providing tailored solutions to the most complex and sophisticated business challenges.](https://millionrounds.com/company/13o3) 13o3 is the epitome of perfection and exclusivity, providing tailored solutions to the most complex and sophisticated business challenges. *Founded* 2013 London, United Kingdom **$114M** last round Dec 2022
- 22 [**GRID Finance** The GRID is Ireland’s online financing platform where people are lending and businesses are borrowing at competitive interest rates.](https://millionrounds.com/company/grid-finance) The GRID is Ireland’s online financing platform where people are lending and businesses are borrowing at competitive interest rates. *Founded* 2013 Dublin 2, Ireland **$104M** last round May 2022
- 23 [**Emerging Markets Global Advisory** Emerging Markets Global Advisory offers advisory services to financial institutions, institutional investors and middle-market corporates.](https://millionrounds.com/company/emerging-markets-global-advisory) Emerging Markets Global Advisory offers advisory services to financial institutions, institutional investors and middle-market corporates. *Founded* 2018 London, United Kingdom **$90M** last round Dec 2024
- 24 [**BANCOMAT** BANCOMAT S.p.A.](https://millionrounds.com/company/bancomat) BANCOMAT S.p.A. *Founded* 2017 Rome, Italy **$81M** last round Jun 2024
- 25 [**Axxeltrova** Axxeltrova is a London-based tech investment bank and private equity firm, established in 2009 and registered with the FCA.](https://millionrounds.com/company/axxeltrova) Axxeltrova is a London-based tech investment bank and private equity firm, established in 2009 and registered with the FCA. *Founded* 2009 London, United Kingdom **$76M** last round Jan 2022
- 26 [**Santander Consumer Bank Sweden** Santander Consumer Bank Sweden is a passionate organization that provides great opportunities for advancement.](https://millionrounds.com/company/santander-consumer-bank-sweden) Santander Consumer Bank Sweden is a passionate organization that provides great opportunities for advancement. *Founded* 2014 Stockholm, Sweden **$71M** last round Sept 2022
- 27 [**Glow Services** Glow helps operator/carrier clients offer new loan and lease finance products leveraging securitization technology](https://millionrounds.com/company/glow-services) Glow helps operator/carrier clients offer new loan and lease finance products leveraging securitization technology *Founded* - Newyork, United Kingdom **$65M** last round Oct 2025
- 28 [**Colendi** Colendi is a fintech platform dedicated to democratizing banking services and promoting financial inclusion for consumers, merchants, and institutions.](https://millionrounds.com/company/colendi) Colendi is a fintech platform dedicated to democratizing banking services and promoting financial inclusion for consumers, merchants, and institutions. *Founded* 2018 London, United Kingdom **$65M** last round May 2024
- 29 [**Reward Finance Group** Reward Finance Group offers a finance solutions that is put together to meet specific business needs.](https://millionrounds.com/company/reward-finance-group) Reward Finance Group offers a finance solutions that is put together to meet specific business needs. *Founded* 2010 Leeds, United Kingdom **$61M** last round Oct 2023
- 30 [**Brite Payments** Brite Payments is a Swedish fintech company founded in 2019, specializing in real-time Instant Account-to-Account (A2A) payments through Open Banking, often ref](https://millionrounds.com/company/brite-payments) Brite Payments is a Swedish fintech company founded in 2019, specializing in real-time Instant Account-to-Account (A2A) payments through Open Banking, often ref *Founded* 2019 Stockholm, Sweden **$60M** last round Oct 2023
- 31 [**Volt.io** Volt.io is a London-based fintech company that specializes in open banking technology and real-time payments.](https://millionrounds.com/company/volt-io) Volt.io is a London-based fintech company that specializes in open banking technology and real-time payments. *Founded* 2019 London, United Kingdom **$60M** last round Jun 2023
- 32 [**Flink** Flink is a banking alternative offering an app that provides insight into spending with personalized features to manage your money.](https://millionrounds.com/company/flink) Flink is a banking alternative offering an app that provides insight into spending with personalized features to manage your money. *Founded* 2017 Germany **$60M** last round Jul 2024
- 33 [**The Bank of London** The Bank of London is a global clearing, agency, and transaction bank advancing the economic infrastructure of the future.](https://millionrounds.com/company/the-bank-of-london) The Bank of London is a global clearing, agency, and transaction bank advancing the economic infrastructure of the future. *Founded* 2018 London, United Kingdom **$55M** last round Sept 2024
- 34 [**Illimity** Illimity is a digital bank that provides direct and investment banking services.](https://millionrounds.com/company/illimity) Illimity is a digital bank that provides direct and investment banking services. *Founded* 2018 Milan, Italy **$55M** last round Jun 2023
- 35 [**Faktus** FAKTUS is a fintech company based in Paris, founded in 2023, that serves small and medium-sized construction businesses, particularly in the BTP/public works sector.](https://millionrounds.com/company/faktus) FAKTUS is a fintech company based in Paris, founded in 2023, that serves small and medium-sized construction businesses, particularly in the BTP/public works sector. *Founded* - Paris, France **$54M** last round Oct 2025
- 36 [**Blank** Blank is a professional banking and business-management app designed for self-employed professionals and small business owners.](https://millionrounds.com/company/blank) Blank is a professional banking and business-management app designed for self-employed professionals and small business owners. *Founded* 2019 Paris, France **$52M** last round Jun 2023
- 37 [**10X Banking** 10x Banking is a London-based financial technology company founded in 2016, specializing in B2B solutions for financial institutions.](https://millionrounds.com/company/10x-banking) 10x Banking is a London-based financial technology company founded in 2016, specializing in B2B solutions for financial institutions. *Founded* 2016 London, United Kingdom **$45M** last round Jan 2024
- 38 [**Swan** Use Swan&s APIs and ready-made white-label interfaces to embed banking features like accounts, cards, and payments into your workflows and UX.](https://millionrounds.com/company/swan) Use Swan&s APIs and ready-made white-label interfaces to embed banking features like accounts, cards, and payments into your workflows and UX. *Founded* - Paris, France **$44M** last round Jan 2025
- 39 [**MAJORITY** MAJORITY is a financial technology company founded in 2019, offering a mobile-first, subscription-based digital banking platform tailored for migrants, immigran](https://millionrounds.com/company/majority) MAJORITY is a financial technology company founded in 2019, offering a mobile-first, subscription-based digital banking platform tailored for migrants, immigran *Founded* 2019 Miami, Sweden **$42M** last round May 2024
- 40 [**Hyperlayer** Hyperlayer is a programmable banking platform based in London, United Kingdom.](https://millionrounds.com/company/hyperlayer) Hyperlayer is a programmable banking platform based in London, United Kingdom. *Founded* 2023 London, United Kingdom **$40M** last round Oct 2025
- 41 [**Token.io** Token.io is a prominent provider of account-to-account (A2A) payment infrastructure in Europe and the UK, focusing on open banking solutions.](https://millionrounds.com/company/token-io) Token.io is a prominent provider of account-to-account (A2A) payment infrastructure in Europe and the UK, focusing on open banking solutions. *Founded* 2015 London, United Kingdom **$40M** last round Jun 2025
- 42 [**ClearBank** ClearBank is a technology-enabled clearing bank based in the United Kingdom and Europe, founded in 2015 and operational since 2017.](https://millionrounds.com/company/clearbank) ClearBank is a technology-enabled clearing bank based in the United Kingdom and Europe, founded in 2015 and operational since 2017. *Founded* 2015 London, United Kingdom **$38M** last round Jan 2024
- 43 [**Omnio** Omnio Group is a market leading provider of cloud-based banking and payment services.](https://millionrounds.com/company/omnio) Omnio Group is a market leading provider of cloud-based banking and payment services. *Founded* 2018 London, United Kingdom **$36M** last round Aug 2025
- 44 [**FLOWX.AI** FlowX.AI is an AI-native multi-agent platform founded in 2020, focused on modernizing enterprise applications for banking, insurance, and regulated financial services.](https://millionrounds.com/company/flowx-ai) FlowX.AI is an AI-native multi-agent platform founded in 2020, focused on modernizing enterprise applications for banking, insurance, and regulated financial services. *Founded* 2020 New York, Romania **$35M** last round May 2023
- 45 [**Amdax** Amdax is a fully regulated digital asset company based in Amsterdam, Netherlands, founded in 2019.](https://millionrounds.com/company/amdax) Amdax is a fully regulated digital asset company based in Amsterdam, Netherlands, founded in 2019. *Founded* 2019 Amsterdam, Netherlands **$35M** last round Oct 2025
- 46 [**Deblock** Deblock offers banking services to cryptocurrency users.](https://millionrounds.com/company/deblock) Deblock offers banking services to cryptocurrency users. *Founded* 2022 London, France **$35M** last round Nov 2025
- 47 [**Spring Financial Group** Spring Financial Group is set to transform the way people in the UK get a mortgage.](https://millionrounds.com/company/spring-financial-group) Spring Financial Group is set to transform the way people in the UK get a mortgage. *Founded* 2015 London, United Kingdom **$34M** last round Jan 2024
- 48 [**Powens** Powens is a platform that integrates Open Finance and Embedded Banking for businesses.](https://millionrounds.com/company/powens) Powens is a platform that integrates Open Finance and Embedded Banking for businesses. *Founded* - Paris, France **$34M** last round Apr 2022
- 49 [**Al Rayan Bank** Al Rayan Bank offers services for savings, loans, and current accounts that adhere to Sharia law.](https://millionrounds.com/company/al-rayan-bank) Al Rayan Bank offers services for savings, loans, and current accounts that adhere to Sharia law. *Founded* 2004 London, United Kingdom **$34M** last round Jul 2026
- 50 [**FlowPay** FlowPay is a payment institution authorized by the BOI under PSD2 as PISP and AISP.](https://millionrounds.com/company/flowpay) FlowPay is a payment institution authorized by the BOI under PSD2 as PISP and AISP. *Founded* 2019 Czechia **$33M** last round Mar 2025

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back banking startups in Europe in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More banking lists

[See all](https://millionrounds.com/top-lists?t=Banking)

[*S* *R* *N* **Banking startups worldwide** 653 companies · $17B](https://millionrounds.com/top-lists/banking-startups)

## More lists for Europe

[See all](https://millionrounds.com/top-lists?r=Europe)

[*IL* *O* *NH* **Health startups in Europe** 3,025 companies · $29B](https://millionrounds.com/top-lists/health-startups-europe)[*IL* *NH* *CS* **Biotech startups in Europe** 1,665 companies · $22B](https://millionrounds.com/top-lists/biotech-startups-europe)[*MA* *N* *NG* **Big data startups in Europe** 964 companies · $31B](https://millionrounds.com/top-lists/big-data-startups-europe)[*V* *S* *CG* **Energy providers startups in Europe** 953 companies · $41B](https://millionrounds.com/top-lists/energy-providers-startups-europe)[*S* *EP* *S* **Climate tech startups in Europe** 756 companies · $25B](https://millionrounds.com/top-lists/climate-tech-startups-europe)[*S* *K* *FC* **Fintech startups in Europe** 749 companies · $30B](https://millionrounds.com/top-lists/fintech-startups-europe)[*A* *CI* *Y* **Customer service startups in Europe** 720 companies · $13B](https://millionrounds.com/top-lists/customer-service-startups-europe)[*N* *W* *T* **Transport startups in Europe** 697 companies · $28B](https://millionrounds.com/top-lists/transport-startups-europe)