Lemon Markets raises 15 million euros
The start-up enables developers to build their own trading apps. The idea has now convinced several venture capitalists.
Lemon Markets has raised 15 million euros in capital. The money comes from Lakestar, Lightspeed Venture Partners, Creandum and System.One.
Lemon Markets intends to use the money from the financing round to launch its brokerage service offering on the market. The company is also planning to expand within Europe in the coming year, according to Finance Forward reported.
Maximilian Linde and Marcel Katenhusen founded Lemon Markets in Berlin in 2020. The service allows developers to build their own trading apps or integrate brokerage into their existing products. Lemon Markets also makes it possible to track historical and current market data and program a bot that automatically buys or sells shares. Developers can test their projects free of charge. Only when they open a securities account with a Lemon Markets partner company and want to start trading do they pay a monthly fee. These fees are currently still waived. The start-up also receives a commission from its partner companies for every executed order.
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