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Fintech funding in Europe is defying the downward trend, with significant activity in the sector. Klarna has emerged as the leading fintech founder factory in Europe, surpassing Revolut. Klarna alumni have founded 62 new startups, more than any other European fintech unicorn, according to Accel. Revolut alumni have founded 49 startups, while Wise and N26 alumni have founded 33 each.
Accel: Klarna alumni have founded 62 new startups, more than any $1B+ European fintech startup; Revolut alumni founded 49, and Wise and N26 alumni had 33 each (@ryan_browne_ / CNBC) https://t.co/lkfYyQgKxk 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/q6RU39LEaF
Klarna dethrones Revolut as Europe’s top fintech founder factory https://t.co/BQynTstZF9 #startupnews #startups https://t.co/8yLco8mfga
More startups are being spun out of Klarna than any other European fintech unicorn https://t.co/Q4B5smRemR
