DGAP-News

Fintech Company 'Zinsgold' Launches in Germany

DGAP-News: FinTech Group AG / Key word(s): Product Launch
Fintech Company 'Zinsgold' Launches in Germany

08.11.2016 / 10:14
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Fintech Company "Zinsgold" Launches in Germany


- Zinsgold makes online investment in fixed-term deposits swift and easy


Berlin, November 08, 2016 - The fintech company Zinsgold (www.zinsgold.de)
launches in Germany today. The company, founded by Rocket Internet, offers
customers a digital alternative to invest fixed-term deposits online at
attractive terms and interest rates. Customers can apply online, prove
their identity via a simple video procedure, and open an account directly.
The investors' fixed-term funds will then be invested with strategic
partner bank biw AG, a FinTech Group AG company (new ISIN: DE000FTG1111).

Zinsgold founder Frank Biedka states: "The partnership with the bank biw
AG, which is based in Germany and regulated under German standards, allows
us to offer investors a high degree of security for their capital. The
modern bank technology of our partner FinTech Group AG has allowed us to
implement our business model quickly, from idea to finished product."

With an estimated market volume of EUR 80 billion, fixed-term deposit
investments are among the most popular types of financial investments in
Germany. Zinsgold puts great emphasis on investment security. In addition,
up to EUR 100,000 of each customer's in- vested capital is secured via
statutory deposit insurance. Our highly automated banking process also
leads to cost savings that allow Zinsgold to offer investors the best terms
and conditions.

Frank Niehage, the CEO of FinTech Group AG, states: "With Zinsgold, we have
helped develop a product that combines a digital platform with investor
security. We placed top priority on customer trust and satisfaction in the
business model - and, at the same time, we offer all the advantages that
today's customers expect from digital business models. Together with our
partner Rocket Internet, we have quickly achieved a first milestone in the
development of digital bank processes in Europe."


About Zinsgold

Zinsgold is a digital platform that allows investments in fixed-term-
deposits at attractive terms and conditions. The company was founded in the
summer of 2016 by Rocket Inter- net and Frank Biedka, in partnership with
FinTech Group AG. Zinsgold operates in Germany.


About FinTech Group AG

FinTech Group AG (new German WKN: FTG111, new ISIN: DE000FTG1111, new