DGAP-News
FinTech Group AG underpins turnaround and growth strategy with strong half-year operating profit - Seite 3
in Frankfurt's Westhafen district. FinTech Group will thus move much closer
to its business partners and intends to raise its appeal for highly
qualified employees.
"The digital transformation has already had an enormous impact on the
financial services sector and will lead to an improved service and product
quality for customers as well as to more favourable conditions. For some
banks this is completely new territory", states CEO Frank Niehage. "FinTech
Group, on the other hand, with our established subsidiaries such as
Germany's lowest-price online broker flatex and technology leader XCOM,
already stands for modern financial services for the benefit of our
customers both in the areas of B2C and B2B."
About FinTech Group:
FinTech Group AG is one of Europe's leading financial services technology
companies with two pillars: online retail banking and brokerage business
under own brands (B2C); and white label banking business for third parties
(B2B).
In the B2C segment, the business's core brand is FLATEX with approximately
150,000 private clients and assets under administration of approximately
EUR 4.8bn. The B2B business comprises XCOM Group (www.xcom.de), one of the
most successful providers of software and technology solutions for banks
and financial services companies in Europe, with more than 250 clients. The
XCOM subsidiary BIW Bank (www.biw-bank.de) is licensed by the German BaFin
to provide the full range of banking services and is affiliated to the
Deposit Insurance Fund (Einlagensicherungsfonds) of the Bundesverband
deutscher Banken e.V. (Federal Association of German Banks). For more than
20 years, XCOM Group has been one of the most important technology and
outsourcing partners of the German banking industry and today is also one
of the most successful partners of Germany's rising fintech industry.
Disclaimer:
This release may contain forward-looking statements and information which
may be identified by formulations using terms such as "expects", "aims",
"anticipates", "intends", "plans", "believes", "seeks", "estimates" or
"will". Such forward-looking statements are based on our current
expectations and certain assumptions which may be subject to variety of
risks and uncertainties. The results actually achieved by FinTech Group AG
may substantially differ from these forward-looking statements. FinTech
Group AG assumes no obligation to update these forward-looking statements
or to correct them in case of developments which differ from those
anticipated.
Press contact:
FinTech Group AG
Christofer Radic
Head of Corporate Communications
+49 (0)9221 7035-293
christofer.radic@fintechgroup.com
www.fintechgroup.com
27.08.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: FinTech Group AG
E.-C.-Baumann-Str. 8a
95326 Kulmbach
Germany
Phone: 09221/952-0
Fax: 09221/6058234
E-mail: info@fintechgroup.com
Internet: www.fintechgroup.com
ISIN: DE0005249601
WKN: 524960
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart; Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service
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FinTech Group AG is one of Europe's leading financial services technology
companies with two pillars: online retail banking and brokerage business
under own brands (B2C); and white label banking business for third parties
(B2B).
In the B2C segment, the business's core brand is FLATEX with approximately
150,000 private clients and assets under administration of approximately
EUR 4.8bn. The B2B business comprises XCOM Group (www.xcom.de), one of the
most successful providers of software and technology solutions for banks
and financial services companies in Europe, with more than 250 clients. The
XCOM subsidiary BIW Bank (www.biw-bank.de) is licensed by the German BaFin
to provide the full range of banking services and is affiliated to the
Deposit Insurance Fund (Einlagensicherungsfonds) of the Bundesverband
deutscher Banken e.V. (Federal Association of German Banks). For more than
20 years, XCOM Group has been one of the most important technology and
outsourcing partners of the German banking industry and today is also one
of the most successful partners of Germany's rising fintech industry.
Disclaimer:
This release may contain forward-looking statements and information which
may be identified by formulations using terms such as "expects", "aims",
"anticipates", "intends", "plans", "believes", "seeks", "estimates" or
"will". Such forward-looking statements are based on our current
expectations and certain assumptions which may be subject to variety of
risks and uncertainties. The results actually achieved by FinTech Group AG
may substantially differ from these forward-looking statements. FinTech
Group AG assumes no obligation to update these forward-looking statements
or to correct them in case of developments which differ from those
anticipated.
Press contact:
FinTech Group AG
Christofer Radic
Head of Corporate Communications
+49 (0)9221 7035-293
christofer.radic@fintechgroup.com
www.fintechgroup.com
27.08.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: FinTech Group AG
E.-C.-Baumann-Str. 8a
95326 Kulmbach
Germany
Phone: 09221/952-0
Fax: 09221/6058234
E-mail: info@fintechgroup.com
Internet: www.fintechgroup.com
ISIN: DE0005249601
WKN: 524960
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart; Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service
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