lemon.markets Teams Up with Banks, Launches Brokerage-as-a-Service
Berlin-based
FinTech startup lemon.markets has officially launched its
brokerage-as-a-service platform after receiving a license from Germany’s
Federal Financial Supervisory Authority (BaFin) in January.
The company
is partnering with industry leaders BNP Paribas, Deutsche Bank, and Tradegate
to provide a white-label solution for financial services providers and other
FinTechs looking to offer securities trading to their customers.
BNP Paribas
will serve as the custodian for lemon.markets, processing all transactions,
while Deutsche Bank will handle payment transactions between lemon.markets and
its end-users.
Max Linden, the CEO of lemon.markets
“With
the support of established institutions such as BNP Paribas, Deutsche Bank and
Tradegate, we offer our business partners and their customers the maximum
degree of reliability and professionalism,” the CEO of lemon.markets, Max Linden, commented
on the launch.
Tradegate
Exchange will provide investors access to a wide range of financial instruments
and extended trading hours. Investors can trade more than 8,000 financial
instruments from 8 AM to 10 PM.
The first
partner to utilize lemon.markets’ infrastructure is the financial education app
beatvest, which will now allow users to invest directly in ETFs through the app.
lemon.markets
plans to onboard additional partners and enhance its platform throughout 2024,
including expanding its investment offerings and introducing new features, such
as savings plans and various order types.
lemon.markets obtained its BaFin license two months ago. Source: BaFin
lemon.markets is another European company that has recently received support from BNP Paribas. Finance Magnates reported that United Fintech Group Limited could count on such support.
Democratizing Access to
Capital Markets
The
Berlin-based startup , is on a mission to grow investing opportunities and make
participating in the stock market accessible to every European. By providing
the infrastructure for the next generation of innovative companies,
lemon.markets aims to enable these businesses to help their customers build
wealth through investing.
The company
recognizes that the current equity rails are still plagued by manual processes
and legacy technology, which can hinder the development of great investment
products According
to Linden, the company’s long-term vision is to become Europe’s leading
brokerage-as-a-service provider, expanding across the continent and providing
the rails for any European to invest.
As retail
investing becomes more widespread, lemon.markets aims to be the go-to choice
for developers looking to launch projects that offer tailored solutions to a
wider, non-technical audience.
With its
recent €15 million funding round, lemon.markets plans to accelerate its product
development, extend its usage to businesses seeking to integrate stock trading
into their services, and strengthen its in-house regulatory knowledge team.
Berlin-based
FinTech startup lemon.markets has officially launched its
brokerage-as-a-service platform after receiving a license from Germany’s
Federal Financial Supervisory Authority (BaFin) in January.
The company
is partnering with industry leaders BNP Paribas, Deutsche Bank, and Tradegate
to provide a white-label solution for financial services providers and other
FinTechs looking to offer securities trading to their customers.
BNP Paribas
will serve as the custodian for lemon.markets, processing all transactions,
while Deutsche Bank will handle payment transactions between lemon.markets and
its end-users.
Max Linden, the CEO of lemon.markets
“With
the support of established institutions such as BNP Paribas, Deutsche Bank and
Tradegate, we offer our business partners and their customers the maximum
degree of reliability and professionalism,” the CEO of lemon.markets, Max Linden, commented
on the launch.
Tradegate
Exchange will provide investors access to a wide range of financial instruments
and extended trading hours. Investors can trade more than 8,000 financial
instruments from 8 AM to 10 PM.
The first
partner to utilize lemon.markets’ infrastructure is the financial education app
beatvest, which will now allow users to invest directly in ETFs through the app.
lemon.markets
plans to onboard additional partners and enhance its platform throughout 2024,
including expanding its investment offerings and introducing new features, such
as savings plans and various order types.
lemon.markets obtained its BaFin license two months ago. Source: BaFin
lemon.markets is another European company that has recently received support from BNP Paribas. Finance Magnates reported that United Fintech Group Limited could count on such support.
Democratizing Access to
Capital Markets
The
Berlin-based startup , is on a mission to grow investing opportunities and make
participating in the stock market accessible to every European. By providing
the infrastructure for the next generation of innovative companies,
lemon.markets aims to enable these businesses to help their customers build
wealth through investing.
The company
recognizes that the current equity rails are still plagued by manual processes
and legacy technology, which can hinder the development of great investment
products According
to Linden, the company’s long-term vision is to become Europe’s leading
brokerage-as-a-service provider, expanding across the continent and providing
the rails for any European to invest.
As retail
investing becomes more widespread, lemon.markets aims to be the go-to choice
for developers looking to launch projects that offer tailored solutions to a
wider, non-technical audience.
With its
recent €15 million funding round, lemon.markets plans to accelerate its product
development, extend its usage to businesses seeking to integrate stock trading
into their services, and strengthen its in-house regulatory knowledge team.
