GP Bullhound：2022年欧洲科技信贷市场报告（英文版）（28页）.pdf

1、ContentsContentsContentsContents04THE VIEW FROM GP BULLHOUND05KEY TAKEAWAYS06OVERVIEW OF EUROPEAN TECH LENDINGWhy entrepreneurs opt for debt financing08EXPERT VIEWStavros Papadopoulos,LendisDebt through the lifecycle10VC ROUNDTABLEFounders need a better product14EXPERT VIEWStoil Vasilev,SumUp15EXPER

2、T VIEWErnesto Funes,Stratio16EUROPES COMING OF AGESustained growth in lendingEmergence of multiple tech hubsEurope forging aheadEXPERT VIEW22Alex McCracken,CapchaseAn inflection point24METHODOLOGY26DISCLAIMERThe viewMARKO CELICExecutive DirectorPartnerOLYA KLUEPPELFROM GP BULLHOUNDTHE VIEW FROM GP B

3、ULLHOUND4TECH LENDING IS EVOLVINGMORE THAN EVER,TECHNOLOGY IS A MUSTThe principal driver of change has been the worldwideadoption of technology in everyday life,accelerated by Covid-19.Whole industries have been transformed by digitalisation,automation,and the increased usage of data.The pace ofadop

4、tion has been accelerated by the war in Ukraine and theresulting geopolitical tensions,a new negative supply shock ontop of the one left by Covid-19,and rising inflation.Softwarehas evolved from a nice-to-have efficiency tool to mission-critical for any enterprise.In the world of rising costs,labour

5、shortages and supply chain problems,software that enhancesproductivity and improves efficiency is now integral to survivalof enterprises.EUROPE RISINGLong dismissed as lagging behind the US and China intechnology creation and adoption,Europe has picked up thepace with companies becoming global techn

6、ology leaders inseveral verticals.International investors have recognised thequality of European startups,with investments in European techincreasing five-fold in five years.The availability of equitycapital,a strong technical educational base and theinfrastructure needed to sustain the development