Dwpbank Buys Promising German Fintech Lemon Markets
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4 Articles
Lemon Markets is swallowed. What this means specifically for employees and what strategic consideration is behind the deal. News-in-depth.
Deutsche Wertpapierservice Bank (DWP Bank) is acquiring the Berlin-based fintech Lemon Markets. The goal is to expand its existing offerings with a digital neobrokerage platform. The acquisition is subject to approval by the Federal Financial Supervisory Authority (BaFin) and other customary closing conditions. The transaction is scheduled to close in the fall. The article "DWP Bank acquires Lemon Markets: The goal is to expand digital securitie…
The Berlin-based startup Lemon Markets was considered an insider tip in the German fintech scene. Founder Max Linden had ambitious plans. Now it's clear: He can't do it alone. dwpbank is swallowing the company up entirely.
The start-up, which has specialised in trading shares as a service provider for other financial companies, is being sold – much faster than expected. Max Linden (24) had big plans: he wanted to bring hundreds of millions of investors from all over Europe to his technical platform. With his company Lemon Markets, he specialized in enabling other financial companies to trade shares, funds and securities. After they had obtained the necessary licen…
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