The design of this study and the methodology used are described below. The first step was to identify the relevant German FinTech companies and to assign them to the various segments. FinTechs that had their company headquarters in Germany in April 2016 or were involved in significant activity in Germany are regarded as relevant. The FinTech businesses included on the websites crowdfunding.de, paymentandbanking.com, crunchbase.com, letstalkpayments.com and ventureradar.com comprise the main focus of this study. The database thus compiled was supplemented by FinTech companies that had already been mentioned on blogs and in the press for start-ups. There are websites that imitate the appearance and character of FinTech companies though they do not offer FinTech services, being merely sales or marketing channels for real estate or insurance brokers. Such “false FinTechs” were not considered in this study.
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