Prominent business angels invest in Ride Capital

The company has now received a total of eight million euros. The three Angels have contributed three million euros of this.

Berlin-based asset management startup Ride Capital has landed three million euros. The money comes from prominent business angels, according to a report by the Handelsblatt's according to prominent business angels: according to the report, entrepreneurs Lea-Sophie Cramer and Verena Pausder as well as professional soccer player Mario Götze have invested. The company has now raised a total of eight million euros.

According to the media report, the money is intended to help the company become a private bank. 1200 active customers Ride Capital already serves according to the report. Among them are various players: company founders, entrepreneurs or private individuals. The company manages 250 million euros.

"We want to give people the opportunity to build up more assets faster via the 'low-tax investing' approach, so they can fulfill their dreams before retirement age," co-founder Christine Kiefer writes on Linkedin. Investor Pausder told Handelsblatt that wealth management isn't just for the super-rich: "Rather, investing, retirement planning and asset management are also relevant for everyone else."

Ride is a fintech that develops software and platform solutions in the area of asset structuring. Ride aims to bring together investors and assets, specialized tax advisors, notaries, as well as banks. The company offers services such as asset structuring, providing a tax advisor platform and automated securities booking.