🇩🇪 Germany / FinTech List / flatexdegiro
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flatexdegiro

Active 🦄 Unicorn Listed company

Financial Services Technologies

Flatexdegiro AG

About flatexdegiro

flatexDEGIRO AG ( WKN: FTG111 , ISIN: DE000FTG1111, Ticker: FTK.GR) operates one of the leading and fastest-growing online brokerage businesses in Europe, executing millions of paperless securities transactions per annum. B2C customers in 18 European countries are serviced via the flatex and DEGIRO brands and offered a wide range of independent products at competitive pricing, based on a modern, in-house state-of-the-art technology.

With the acquisition of DEGIRO in July 2020 flatexDEGIRO became one of the largest online brokers in Europe with more than 1.2 million customers and 70 million securities transactions estimated for 2020. In a time of bank consolidation, low interest rates and digitalization, the Group is thus ideally positioned for further growth. Until 2025 at the latest, flatexDEGIRO aims to win over 3 million customers and execute at least 100 million transactions per year – even in years with only average volatility.

Formerly called FinTech Group and flatex.

Trading fees Germany (01/2021)

Funding

€25.5m

Total raised

€3.6bn

Valuation

RoundYearAmount
Latest round 2014 €16m
Round −1 2013 €9.5m

Financials (€m)

YearRevenueEBIT
2018 €125.1m €30.6m
2019 €132m €24.8m
2020 €261.5m €73.8m
2021 €417.6m €80.3m
2022 €407m €151.3m