DGAP-News

flatexDEGIRO extends its international product offering through pan-European ETP partnerships with BNP Paribas and Goldman Sachs - Seite 2

"Reaching a financially interested retail audience in multiple European jurisdictions through one single platform is a key differentiating factor for us when it comes to the product partnership with flatexDEGIRO," says Benoit Roquant, Global Head of ETP at BNP Paribas.

"It is our ambition to further retailize access to online brokerage and establish the leading financial supermarket platform in Europe. Product partnerships and the further verticalization of our brokerage platform can play a key role in our long-term growth strategy and increasing profitability targets", adds Muhamad Chahrour, CFO of flatexDEGIRO AG and CEO of DEGIRO. "Moreover, our unrivaled setup and scale allow us to deliver outstanding product and service innovations. For our customers, this results in tangible benefits across the range: Platform, Product and Price."

 

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Achim Schreck
Head of IR & Corporate Communications

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flatexDEGIRO AG
Rotfeder-Ring 7
D-60327 Frankfurt/Main

About flatexDEGIRO AG

flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates one of the leading and fastest growing online brokerage businesses in Europe, executing millions of paperless securities transactions per annum. B2C customers in 18 European countries are serviced via the flatex and DEGIRO brands and offered a wide range of independent products at competitive pricing, based on a modern, in-house state-of-the-art technology.

With more than 1.25 million customers and over 75 million securities transactions in 2020, flatexDEGIRO is the largest retail online broker in Europe. In a time of bank consolidation, low interest rates and digitalization, the flatexDEGIRO Group is ideally positioned for further growth. Within the next five years, flatexDEGIRO aims to grow its customer base to 7-8 million customers, settling 250-350 million transactions per year - even in years with low volatility.