• 1999

Company Description

FinTech Group AG is a leading financial technology innovator in Germany.

About FinTech Group AG FinTech Group AG (WKN: 524 960, ISIN: DE0005249601, Ticker Symbol: FLA:GR) is one of the most significant innovative financial technology companies in Germany. Our brands service a total of 200,000 private clients, and are important technology partners for German and international banks, and financial institutions in the B2B segment. As at the end of June 2015, FinTech Group AG had EUR 5.68 billion in assets under administration group-wide. FinTech Group AG’s goal is to become the leading European provider of innovative financial sector technologies. We have adopted a completely new orientation in order to make a significant contribution to the digitalisation of the financial sector, and we are already profitable today. Our earnings before interest, taxes, depreciation, and amortisation (EBITDA) were EUR 11.8 million in the first half of the year. Our wholly-owned subsidiary flatex GmbH has been one of the innovation leaders in the German online brokerage market for years. Over 140,000 private clients both in Germany and internationally have chosen flatex’s clear and transparent price-performance model. XCOM AG, in which we hold a majority interest, was founded in 1988 and is a German pioneer in the area of financial technology. Today, XCOM AG is one of the most successful software and technology providers in the financial area. biw Bank für Investments und Wertpapiere AG, which is also owned by the Group, has a full-service banking license and in the future will provide virtually all our banking services. It also provides services for private clients in the background as the outsourcing partner of other well-known banks (white label banking services). It is one of the most modern online banks in Germany today. FinTech Group AG is also an important partner for financial companies in the up-and-coming German start-up scene, who benefit from our innovative profile.