Share of local finance app downloads in Europe 2019-2023
Between 2019 and 2023, the fintech sector in the major European countries became less localized in terms of finance app downloads. In all observed countries, the share of locally headquartered finance app downloads decreased between 2019 and 2023, although 2023 saw an increase in France and the United Kingdom. In comparison, the share of local finance app downloads in the United States was much higher (87.2 percent) than in any of the observed European countries.