This year’s Sifted 100: DACH & CEE leaderboard — a ranking of the 100 fastest growing companies across 25 countries, from Germany to Ukraine — features 30 fintechs, an 18% jump from last year. Collectively, these companies have raised more than €3bn to date and 10 are profitable.
The fastest-growing fintech is Germany’s Finmid, which placed third overall on the leaderboard — just behind car subscription service Finn and AI transcription startup tl;dv (both also German). The top 10 include corporate card providers, bitcoin investment apps, compliance tools and open banking platforms.
There are eye-catching figures too: one company, Wefox, surged from €14m to €176m in revenue over two years. Another (Finqware) grew 6x in revenue with a team of just 13 employees. Prague-based Wflow is both bootstrapped and profitable, proving that you don’t always need venture cash to scale fast.
Startups were only eligible if they were founded in or after 2010, could provide at least three years of revenue data (with a minimum of €50k in the first year and €500k in the most recent) and be private and independent.
The 10 fastest-growing fintechs in DACH & CEE:
1\ Finmid
2-year CAGR: 582.90%
Launch year: 2021
HQ: Berlin
Employees: 55
Finmid is building the infrastructure behind revenue-based financing, helping fintechs and platforms embed lending into their services. Its APIs allow businesses to offer capital advances based on real-time revenue data, without taking on underwriting themselves. The startup raised a €23m Series A in 2024, with backing from VC firm Earlybird and N26 cofounder Maximilian Tayenthal.
2\ Wefox
2-year CAGR: 252.91%
Launch year: 2015
HQ: Berlin
Employees: 857
Wefox was once one of Europe’s insurtech unicorns, hitting a $4.5bn valuation at its $400m Series D in 2022. Its latest raise, a €24m convertible in June 2024, adds to a cap table featuring the likes of Mubadala, OMERS, Goldman Sachs and Salesforce Ventures. The digital insurance platform has recorded revenues of €176.5m in 2023, up from €14.2m two years earlier.
3\ Finqware
2-year CAGR: 209.11%
Launch year: 2018
HQ: Cluj-Napoca
Employees: 13
This open banking middleware startup — one of just 27 profitable companies on the leaderboard — provides API infrastructure that helps banks and enterprises streamline cash and data flows. With just €1.7m in funding from investors like GapMinder, Elevator Ventures and The LHoFT, and a headcount of 13, it proves that lean teams can still win big.
4\ Relai
2-year CAGR: 198.81%
Launch year: 2020
HQ: Zurich
Employees: 50
Relai, which placed on the Europe-wide Sifted 250 ranking last year, offers a self-custodial app designed to simplify bitcoin investing for retail users, allowing them to buy and hold the asset without intermediaries. The company raised €11.5m in a Series A round in December 2024, bringing total funding to €20m. Investors include Redalpine, Concentric, Crowdcube and Lightning Ventures.
5\ Wflow
2-year CAGR: 188.68%
Launch year: 2018
HQ: Prague
Employees: 50
Wflow offers an automation platform for invoice processing and financial document management and stands out as both bootstrapped and profitable. It’s grown without raising a single euro of external capital.
6\ Montonio
2-year CAGR: 182.53%
Launch year: 2018
HQ: Tallinn
Employees: 61
Montonio provides a payments and financing platform for e-commerce merchants, bundling services like checkout, point-of-sale financing and bank payments into one integration. It raised €4m in debt in April 2025, bringing total funding to €23m. The company last year ranked 7th on Sifted’s Eastern Europe & Baltics leaderboard and also featured in the Sifted 250.
7\ Tomorrow
2-year CAGR: 165.38%
Launch year: 2018
HQ: Hamburg
Employees: 89
Germany’s Tomorrow directs customer deposits towards climate-friendly projects, offering a transparent and ethical alternative to traditional banks. It raised €4.6m in a Series B round in 2024, bringing total funding to nearly €56m from investors including Porsche Ventures, ETF Partners and KfW.
8\ Patron GO
2-year CAGR: 147.87%
Launch year: 2020
HQ: Prague
Employees: 13
Patron GO has developed a personal finance app that helps users detect and cancel unnecessary subscriptions. The company raised €1m in seed funding, bringing its total to €4.1m from investors such as Zero Gravity Capital and SpeedUp Venture Capital Group. Despite a team of just 13, Patron GO grew revenue to €1.45m last year, up sixfold from two years earlier.
9\ Pliant
2-year CAGR: 140.06%
Launch year: 2020
HQ: Berlin
Employees: 144
Pliant offers corporate credit cards and spend management tools for businesses. The company raised an €18m Series A round in 2024, bringing its total funding to €75m from investors including Molten Ventures, PayPal Ventures and Speedinvest.
10\ Amlyze
2-year CAGR: 132.89%
Launch year: 2019
HQ: Vilnius
Employees: 30
Amlyze provides transaction monitoring, risk assessment and regulatory reporting tools for fintechs and banks. The startup has raised a €2.4m seed round, bringing total capital to €3.4m from investors including Practica Capital, Coinvest Capital and FIRSTPICK. It recorded revenues of €742k last year, a fivefold increase over two years.
Read the orginal article: https://sifted.eu/articles/fastest-growing-dach-cee-fintechs/
