Berlin starts finance & tech hub initiative

Berlin

The finance and tech industry in the metropolitan region is becoming an increasingly powerful engine for jobs and growth. Berlin has an internationally recognized FinTech scene that attracts investors, capital and talent from all over the world to a degree that is unique in Germany. The Finance & Tech Hub has thus developed a very special profile.

The Berlin numbers speak for themselves:

• 38% of all FinTech startups in Germany are based at the Spree,
• 1.6 billion euros of investment flowed into Berlin-based companies in the sector in the first half of 2021
• 6 out of 7 German FinTech unicorns come from the capital.

Berlin is the number 1 FinTech location in the EU. Berlin is the founding place and location of renowned banks, funding institutions, capital providers, the savings bank and insurance companies. Berlin is home to Europe’s largest private investor exchange.

In order to further consolidate this dynamic development and to successfully accompany Berlin’s attractiveness for innovative minds and companies into the future, Berlin’s finance and tech industries want to work with politicians to create the best framework conditions for the digital financial center of the future. Berlin also wants to strengthen networking with other innovation and finance locations nationally and internationally in order to optimally accompany Berlin’s sustainable transformation.