Funding

lemon.markets funding news – Brokerage-as-a-Service Platform lemon.markets Secures €12 Million in Funding

Jul 11, 2024 | By Startup Rise EU

Lemon.markets, a Berlin-based brokerage-as-a-service platform, has raised €12 million to support its goal of opening 100 million brokerage accounts. Fintechs and traditional players agree that there is room for innovation in digital investment solutions that will increase consumer accessibility.

Lemon.markets, a Berlin-based brokerage-as-a-service platform, has raised €12 million to support its goal of opening 100 million brokerage accounts. Fintechs and traditional players agree that there is room for innovation in digital investment solutions that will increase consumer accessibility.

SUMMARY

  • Lemon.markets, a Berlin-based brokerage-as-a-service platform, has raised €12 million to support its goal of opening 100 million brokerage accounts.
  • The Berlin-based FinTech was established in 2020 and offers digital custody and brokerage infrastructure, allowing any business to sell financial products.

The Bundesbank estimates that 41.7% of financial assets in Germany alone are held in bank deposits, including overnight and fixed-term ones, and cash.

It's brokerage and custody infrastructure for stocks, funds, and exchange-traded funds (ETFs) enables wealth managers, banks, and fintech companies to provide their clients with access to capital markets.

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With its modular design that allows configuration according to the partner's use case, the lemon.markets platform's API-first architecture drastically cuts down on integration time. The business assists partners at every stage of the value chain, from the introduction of particular investment items to migration programmes.

The business was able to offer contract broking, investment advisory, financial portfolio management, financial commission business, proprietary trading, and custody services after obtaining the licences required to operate as an investment firm from BaFin in January 2024.

Max Linden, founder and CEO of lemon.markets, shared: "With CommerzVentures, we have found a strong partner who has impressed us with its dee understanding of our market. We share a common vision and philosophy for developing lemon.markets into one of the most influential players in the industry. With the fresh funding, we will double down on the momentum in the market, bringing more partners and products to life over the coming months."

The fundraiser included participation from CommerzVentures, Heliad, and current investors Creandum, Lakestar, Lightspeed, and System.one.

Jonas Wenke, Principal at CommerzVentures, shared: "At CommerzVentures, we love partnering with the most talented teams that are solving financial services’ most complex problems. lemon.markets certainly ticks both boxes.Max is an impressive young leader who has built a first-class team around him, and we are beyond excited to lead this round and join them on the journey to make lemon.markets the largest and most modern brokerage and custody platform in Europe."

Simon Schmincke, General Partner at Creandum said, "The lemon.markets team combines extensive securities services expertise with a deep technical understanding, uniquely positioning them to win both FinTechs and traditional players as clients,".

With the additional funding, lemon.markets will introduce new partners and expand its platform more quickly.

About lemon.markets

The Berlin-based FinTech was established in 2020 and offers digital custody and brokerage infrastructure, allowing any business to sell financial products. Within the next ten years, lemon.markets wants to open 100 million brokerage accounts. provide the banks and FinTechs with the infrastructure needed to power the upcoming wave of investment products. Launch a customer-focused and legally compliant investment product on your terms by utilising the lemon.markets API.

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