European banks are placing strategic bets in areas ranging from wealth management, lending, payments, regulatory technology, software, and blockchain.
Europe fintech investment is on track for a record year after racking up $667M across 73 deals in Q1'17.
This year, for the first time, HR tech startups based outside the US are on track to take a majority of deal share in the space.
Early-stage deals are taking up a greater share of activity.
Europe has seen a strong 2016 while some other major tech hubs have stumbled.