25 million euros for Nextmarkets
Lisa Marie Münster
| 04.03.2021
In a recent financing round, the Cologne-based fintech Nextmarkets was able to raise was able to raise 25 million euros. The round was led by Christian Angermayer and Alan Howard.
Democratizing the stock market is the goal of trading apps that allow private investors to trade stocks or ETFs. Nextmarkets is also successful with this concept, according to its own statements. The start-up has now raised €25 million in a Series B round.
The round was led by existing investors, in particular Christian Angermayer and Alan Howard's Cryptology Asset Group.
"The growth potential is huge and we are just at the beginning of a whole new era," says co-founder and CEO Manuel Heyden. Nextmarkets plans to use the funding round to drive expansion and stronger positioning in the market, and it also plans to invest in new customer acquisition and platform expansion.
In 2014, Nextmarkets was founded by brothers Manuel Heyden and Dominic Heyden. Currently, the fintech says it employs nearly 40 people and is available in eight European markets. Six of them were just added at the end of 2020.
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2014
Köln
nextmarkets
Helps private investors to operate more successfully on the stock exchange.
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