FinTech and Data Privacy in Germany

An Empirical Analysis with Policy Recommendations

  • Gregor Dorfleitner
  • Lars Hornuf

Table of contents

  1. Front Matter
    Pages i-xvi
  2. Gregor Dorfleitner, Lars Hornuf
    Pages 1-2
  3. Gregor Dorfleitner, Lars Hornuf
    Pages 3-12
  4. Gregor Dorfleitner, Lars Hornuf
    Pages 13-51
  5. Gregor Dorfleitner, Lars Hornuf
    Pages 53-84
  6. Gregor Dorfleitner, Lars Hornuf
    Pages 85-106
  7. Gregor Dorfleitner, Lars Hornuf
    Pages 107-114
  8. Gregor Dorfleitner, Lars Hornuf
    Pages 115-118
  9. Back Matter
    Pages 119-121

About this book


This book examines the FinTech revolution from a data privacy perspective. It analyzes key players on the FinTech market and the developments in various market segments. Particular attention is paid to an empirical analysis of the privacy statements of 505 German FinTech firms and how they were adapted after the General Data Protection Regulation (GDPR) entered into effect in May 2018. The analysis also includes 38 expert interviews with relevant stakeholders from supervisory and regulatory authorities, the financial and FinTech industry, leading consulting firms and consumer protection agencies. By adopting this approach, the book identifies key regulatory needs, offers a valuable asset for practitioners and academics alike, and shares intriguing insights for lawyers, economists and everyone interested in FinTech and data privacy.

The book brings together two of the most topical research areas of our time: financial technology and data privacy. It is a valuable resource for academics and policy makers alike.

Douglas Cumming, DeSantis Distinguished Professor, Florida Atlantic University

This volume is groundbreaking in providing a seminal analysis of the thriving financial technology sector and in simultaneously highlighting a potential trade-off in data protection. The book offers important insights for regulation and policy, and will be of interest to practitioners, academics, and regulators alike.

Wolf-Georg Ringe, Professor of Law and Director of the Institute of Law & Economics, University of Hamburg

In the increasingly digitalized world of finance, data privacy and data protection are crucial for fintechs to stay in the market and attract customers. Reading this book helps understand and dissolve the challenges that lay ahead!

Armin Schwienbacher, Professor of Finance, Skema Business School


General Data Protection Regulation (GDPR) Entrepreneurship and Start-ups FinTech and Banking Regulations on data protection FinTech business models German FinTech Market Big data applications

Authors and affiliations

  • Gregor Dorfleitner
    • 1
  • Lars Hornuf
    • 2
  1. 1.Center of FinanceUniversity of RegensburgRegensburgGermany
  2. 2.Faculty of Business Studies and EconomicsUniversity of BremenBremenGermany

Bibliographic information

Industry Sectors
Finance, Business & Banking