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The German FinTech Market in 2020

Author

Listed:
  • Gregor Dorfleitner
  • Lars Hornuf
  • Lena Wannenmacher

Abstract

Four years ago, data on the market volumes of German FinTech companies for the period 2007–2015 were collected for the first time on behalf of the German Federal Ministry of Finance and a forecast for the future market development was prepared. Gregor Dorfleitner, of the University of Regensburg, Lars Hornuf, of the University of Bremen, and Lena Wannenmacher extend the market volume dataset to 2019 and check the original forecasts for their predictive value. Compared to the original forecasts, individual subsegments have clearly exceeded the forecast of the realistic scenario (crowdlending, robo-advice, investment, and banking), while other subsegments have so far fallen short of expectations (donation- and performance-based crowdfunding, crowd investing, factoring).

Suggested Citation

  • Gregor Dorfleitner & Lars Hornuf & Lena Wannenmacher, 2020. "The German FinTech Market in 2020," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(08), pages 33-40, August.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:08:p:33-40
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Johannes Treu, 2023. "The Chance of FinTech to be a New General-Purpose Technology," International Business Research, Canadian Center of Science and Education, vol. 16(11), pages 1-22, November.
    2. Beilharz, Hans-Jörg, 2020. "Wirtschaft, Technik und der herausfordernde Anspruch des Klimawandels - Eine philosophische Betrachtung zu den Wurzeln des anthropogenen Klimawandels," IU Discussion Papers - Business & Management 11/2020, IU International University of Applied Sciences.
    3. Treu, Johannes, 2022. "FinTech, General Purpose Technology und Wohlfahrt," IU Discussion Papers - Business & Management 5 (Juni 2022), IU International University of Applied Sciences.
    4. Korus, Arthur & Löher, Jonas & Nielen, Sebastian & Pasing, Philipp, 2021. "Fintechs: Chancen für die KMU-Finanzierung?," IfM-Materialien 288, Institut für Mittelstandsforschung (IfM) Bonn.

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    More about this item

    Keywords

    Finanztechnologie; Finanzdienstleistung; Marktgröße; Deutschland;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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