DGAP-News

FinTech Group AG: Great entrepreneurial potential for Fintechs in Germany - Seite 2

case with traditional banks and placed their customers at the centre of
product development right from the start. The high level of customer
orientation represents an important engine for the rapid growth in the
Fintech sector.

"Talent and ideas are there in abundance - we have ample evidence of that.
However, the young start-up teams frequently lack integrated
interdisciplinary networks and the necessary licences to enable them to
operate their business model," commented Björn Jüngerkes. "As an 'Enabler',
we are accelerating the pace of change in the financial sector because if
we are on board as a banking partner, the only other ingredient required is
the right Fintech idea."

Intelligent technologies are being developed across the world in mobile
payment, e-commerce and brokerage. According to a study by management
consultants Accenture, almost 1.5 billion dollars were invested in Fintech
companies in the fast growing market during the course of 2014. The lion's
share of 623 million euros was invested in the United Kingdom and Ireland.
A high volume of investment was also recorded in the Netherlands (306
million dollars) and Scandinavia (345 million dollars). The German share
amounted to just 82 million dollars.

About FinTech Group AG
FinTech Group AG is an innovator and established market leader in the
German online brokerage market, with the medium-term aim of becoming one of
the leading financial services technology companies in Europe. On the
consumer side, its subsidiary Flatex GmbH is among the leading online
brokers in Germany and Austria, with more than 125,000 customer accounts
and assets of EUR 3.5 billion. In the B2B space, its subsidiary CeFDex AG
provides banks and other institutional partners with efficient access to
electronic trading in CFDs around the globe. The key element in the group's
strategy is its AKTIONÄRSBANK, which is licensed by the German Federal
Financial Supervisory Authority (BaFin) to provide the full range of
banking services. The AKTIONÄRSBANK will serve as a platform for new
businesses which FinTech Group is currently developing in collaboration
with highly innovative entrepreneurial teams. FinTech Group will own
majority shares of these new ventures, in return providing its regulatory
liability umbrella as well as financing. This strategy facilitates rapid
market penetration and sustainable above-average growth. Each of the
group's subsidiaries operates with its own individual strategy and brand.