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FinLab AG — M&A Activity 2015
Feb 9, 2015
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M&A Activity
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News Details
Corporate | 9 February 2015 08:00
FinLab AG: FinLab AG acquires majority stake in nextmarkets GmbH
FinLab AG / Key word(s): Investment
2015-02-09 / 08:00
– FinLab AG acquires majority stake in nextmarkets GmbH
– Aim is to develop the leading international e-learning platform for private investors
Frankfurt, 09.02.2015 – FinLab AG is investing a significant seven-digit amount in nextmarkets GmbH, Cologne, giving it a majority stake in the innovative fintech start-up, with product launch scheduled for early this year.
nextmarkets GmbH was formed in April 2014 by brothers Manuel and Dominic Heyden, who previously founded and then successfully established the social trading platform ayondo. nextmarkets has set itself the task of becoming the leading global e-learning platform for private investors. Using innovative gameplay, users get to understand the principles of market cause and effect by being taken through trading routines in hundreds of markets. “We are convinced that most people make irrational trades on the stock market and lag behind the markets because they don’t know what events trigger movements in equities and markets. These can be technical trends, economic developments or behavioural economic strategies,” says Manuel Heyden, founder and CEO.
His brother Dominic, founder and CTO, adds: “In nextmarkets we have found a solution that enables both beginners and sophisticated traders to learn about these events at any time from the comfort of their own home or while commuting and turn them into real trades in the blink of an eye using the integrated trading platform. The learning and fun factor is huge and so are the opportunities for growing your net worth.”
For FinLab, a newly formed company builder focused on the Financial Services Technologies (“fintech”) sector, nextmarkets is the first investment. FinLab AG board member Stefan Schütze comments on the investment: “nextmarkets is a perfect first investment for us: First, the founding team is one of the best start-up teams in Germany, which has already formed, developed and successfully sold a company.. Second, we think the global market of active private investors is extremely exciting and believe there will be further digital transformation of this segment. We are sure we can provide the founders with significant added value in the company’s international expansion and together grow it to be the international market leader soon.”
The nextmarkets team will unveil an initial beta version at Europe’s biggest FinTech conference, FINOVATE, to be held on 10 and 11 February 2015 in London.
About FinLab AG:
Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A) is one of the first and largest company builders and investors focused on the Financial Services Technologies (“fintech”) sector. FinLab focuses on developing German fintech start-ups and providing venture capital for their financial needs, whereas in each case the aim is a long-term participation and ongoing support of the investment . FinLab also invests globally, as part of venture rounds, in fintech companies, primarily in the USA and Asia.
Press contact:
nextmarkets GmbH: [email protected], telephone: +49 (0) 221 99 96 95 – 50
FinLab AG: [email protected], telephone: +49 (0) 69 719 12 80 0
Contact:
FinLab AG
Tel: +49 69 719 12 80 0
E-Mail: [email protected]
2015-02-09 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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| Language: | English |
| Company: | FinLab AG |
| Grüneburgweg 18 | |
| 60322 Frankfurt / Main | |
| Germany | |
| Phone: | +49 (0)69 719 12 80 – 0 |
| Fax: | +49 (0)69 719 12 80 – 011 |
| Internet: | www.finlab.de |
| ISIN: | DE0001218063 |
| WKN: | 121806 |
| Listed: | Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in Open Market (Entry Standard) |
| End of News | DGAP News-Service |
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| 320755 2015-02-09 |