FROM THE START OF THE CHAPTER (footnotes omitted):

Cross-border financing of early-stage technology companies is increasingly recognised as a driver of innovation and national industrial competitiveness. In the financial technology (“Fintech”) sector alone, cross-border flows of venture and growth stage investment have skyrocketed to unprecedented levels in recent years, contributing to a proliferation of innovative Fintech start-ups on both sides of the Atlantic. This chapter will provide an overview of recent trends and challenges in venture and growth-stage financing of Fintech start-ups in Europe and the United States (“U.S.”), highlighting the importance of these investments for the transatlantic economy.