02

Stockholm

Most valuable fintech : Klarna Value ( in USD ): $ 31bn

This Swedish fintech hub is producing some of the most highly valued startups in the world and its success is no secret . Attracting approximately 20 % of all sector investment across Europe , the foundations for Stockholm ’ s achievements were laid by prescient digital adoption , big-picture strategic planning , and an inclusive cultural backdrop .

Although arguably not quite in the same technical league as our number one pick , the city is still home to several fintech leaders – Klarna and iZettle – as well as other big names in tech such as Spotify and Skype .

Now with over 400 startups residing in Stockholm and over $ 1bn in capital flooding the market , it ’ s a tech-friendly hub that fosters innovation and generates world-leading results . fintechmagazine . com 105