Lemon Markets raises 15 million euros
Sophie Deistler
| 04.04.2022
With the help of the start-up, developers can build their own trading apps. The idea has now convinced some 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 plans to use the money from the funding round to launch its brokerage service offering. In the coming year, the company also plans to expand within Europe, as Finance Forward reported.
Maximilian Linde and Marcel Katenhusen founded Lemon Markets in 2020 in Berlin. The service allows developers to build their own trading apps or integrate brokerage into their existing products. In addition, Lemon Markets makes it possible to track historical and current market data and program a bot that automatically buys or sells stocks. Developers can test their projects free of charge. Only when they open a securities account with a partner company of Lemon Markets and want to start trading, they pay a monthly fee. Currently, these fees are still waived. For each executed order, the start-up also receives a commission from its partner companies.
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