TRV Risk Monitor: ESMA Report on Trends, Risks and Vulnerabilities No. 1, 2026
European Securities and Markets AuthorityEuropean equity markets rose 22% in 2025, in line with global indices, and euro area banks recorded a + 20% increase in 2H25, resulting in a + 76% year-on-year rise.
MiCA
Product · 2 documents
Key number
731 EUR million
Fintech and insurtech investment captured by Madrid, 2019 to 2024. AEFI (Asociación Española de Fintech e Insurtech) p.14
Key number
59%
Tether share of stablecoin market size at end-2025. European Securities and Markets Authority p.15
X-ray of Fintech and Insurtech Investment in Spain
AEFI (Asociación Española de Fintech e Insurtech)Madrid captured 731 M€ (EUR 731 million) in fintech and insurtech investment between 2019 and 2024, the main investment hub in Spain.