dwpbank takes over fintech lemon.markets

Deutsche WertpapierService Bank (dwpbank) is taking over the Berlin-based fintech lemon.markets. The company will continue to operate as an independent subsidiary under the umbrella of the dwpbank Group. The aim is to expand dwpbank's existing full custody offering with a brokerage-as-a-service platform.

Two brands, one ecosystem

dwpbank is pursuing a specific strategy with the planned takeover. The development of a future-oriented securities ecosystem that appeals to both financial institutions and fintechs. In future, the Group will operate with a two-brand strategy, with lemon.markets remaining independent but working closely with the parent company. The synergies are to be used in particular for joint technological development and market development.

Technology meets regulatory strength

lemon.markets offers an API infrastructure for digital access to the capital market, including features such as fractional trading, real-time processing and fully digitalized processes. Customers include fintechs such as Tomorrow, Optio and Holvi. The platform will enable dwpbank partners to tap into new customer segments and react more quickly to market changes.

With lemon.markets, we will offer the best of both worlds in the future: Stability and regulatory security combined with innovation and time-to-market

Kristina Lindenbaum, Board Member for Client and Digital Transformation at dwpbank

Focus on growth and competitiveness

lemon.markets was founded in 2020 and operates as a BaFin-licensed securities institution. The existing management remains fully on board. CEO Max Linden sees the partnership as a consistent further development:"Our mission remains: To make investing in the capital market accessible to everyone. With dwpbank, we are expanding our technological clout and sending a strong signal to the market."

The closing of the transaction is still subject to approval by BaFin and other closing conditions. Finalization is expected by autumn 2025. In July 2024, we reported on a €12 million round for the fintech.