7 best European fintech banks changing the future of finance

Top 7 European fintech banks

The financial market is constantly evolving and FinTech innovations are at the centre of this transformation. These innovative companies are offering revolutionary payment methods that surpass traditional approaches that have been in the market for decades.

Fintech startups from around the world are offering unique and advanced methods of financial transactions that are highly efficient compared to legacy solutions that have been in use for years.

Europe plays a key role in the technological revolution of financial services, as many companies from this region are actively attracting new users by offering original and responsive solutions to meet the needs of their customers.

However, which European fintech banks are leading the industry and driving the future prospects of the market? Here we give you examples of the top 7 best European fintech banks.

Top 7 best European fintech banks

The companies are listed in no particular order, they are all great inspirational examples for future European fintech banks.


  • Headquarters location: Barcelona, Spain
  • Year founded: 2017

Truust is an innovative smart payments platform that is easy to customise and integrate. The solution opens up new opportunities for a multitude of digital businesses, from the sharing economy to e-commerce, allowing them to flexibly manage their financial transactions in the marketplace. This flexibility was previously unavailable in traditional banking.


  • Escrow accounts;
  • separate payments;
  • payment by reference;
  • Payment streams;
  • e-wallets;
  • tokenisation;
  • fraud prevention;
  • real-time notifications;
  • accessible dashboard.


  • Headquarters location: Berlin, Germany
  • Year founded: 2013

N26 is an innovative German financial service known as neobank, which provides customers with the ability to manage their finances through a mobile app. Each N26 customer plan offers a wide range of features to customise the service to their individual needs, including the issuance of a Mastercard debit card. N26 currently serves more than 1 million users in the U.S. and several countries in Europe.


  • Online banking;
  • easy-to-use application;
  • cheap currency exchange;
  • free ATM withdrawals (3 withdrawals per month anywhere in the world);
  • instant expense notifications;
  • easy card blocking/unblocking;
  • commission-free spending abroad;
  • Apple/Google Pay;
  • Mastercard 3D secure.


  • Headquarters location: Berlin, Germany
  • Year founded: 2016

SolarisBank is an innovative banking company specialising in providing Banking-as-a-Service, which allows companies to create and offer financial products on their own platform. SolarisBank holds a full banking licence, making it a financial institution with the authority to accept deposits from consumers and provide commercial banking services. This enables companies to develop products that fully meet the needs of their customers, catering to a wide variety of financial demands.


  • Digital banking and cards;
  • consumer lending;
  • SME lending;
  • current account;
  • pooling account;
  • KYC platform;
  • digital assets.

Tink bank services


  • Headquarters location: Stockholm, Sweden
  • Year founded: 2012

Tink was founded in 2012 with a vision to reform the banking industry. It has created Europe's most comprehensive open banking platform with extensive integration capabilities and powerful services that maximise the value of financial data. Tink provides the tools that enable every player - be it a bank, fintech startup or other company - to help shape the future of financial services in Europe.


  • Account aggregation;
  • account verification;
  • payment initiation;
  • data enrichment;
  • personal finance management.


  • Headquarters location: Stockholm, Sweden
  • Year founded: 2005

Klarna is one of the world's leading payment service providers and a licensed bank that has redefined the approach to payments for both consumers and merchants. The company empowers consumers to pay for their purchases quickly, easily and securely - immediately, later or in instalments. Klarna's partnerships with more than 200,000 merchants such as H&M, Spotify, MediaMarkt, Expedia, Adidas and Deutsche Bahn, as well as its presence in 17 countries and more than 3,000 employees, underline its relevance on a global scale.


  • Reliability and security;
  • no annual fee;
  • zero-interest options;
  • automatic payment;
  • easy-to-use app;
  • payment reminders;
  • easy refunds.


  • Headquarters location: Riga, Latvia
  • Year founded: 2016

Latvian fintech company Nordigen works with financial data to help banks and lenders improve the speed and accuracy of credit decisions. With just one API call, they provide access to basic identity information or a detailed summary of a person's income, including parameters such as projected income and stability of income source. Nordigen's platform helps banks, lenders and fintech companies develop applications that can seamlessly integrate with customer bank account data, speeding up the process of enrolling a customer, verifying their identity and using cleansed bank statement data to make informed decisions.


  • Aggregation;
  • transaction categorisation;
  • KYC;
  • analytics;
  • powerful and modern API.

How to open an account with Qonto Bank


 Headquarters location: Paris, France
 Year founded: 2016

Qonto is a digital neo-bank focused exclusively on the business segment of the market. In the more than two years since its founding, it has managed to attract more than 65,000 business customers. Qonto is the ideal solution for companies looking to optimise and speed up their banking processes while avoiding high fees. The platform offers several packages suitable for companies of varying sizes, and their web application provides many convenient services to assist with bookkeeping and efficient budget management.


  • Multi-currency accounts;
  • payments;
  • corporate card;
  • employees, roles and authorisations;
  • accounting tools;
  • security;
  • additional benefits;
  • customer support.


The financial technology revolution in the banking and payments sector is indeed having a global impact, overlapping multiple industries.

The payments industry is rapidly evolving due to active innovation, changing consumption patterns and various initiatives launched by the industry itself, as well as the impact of changing market conditions.

New European fintech banks are fuelling the emergence of numerous new providers and products that are vying for their share of the payments market and fuelling competition.


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