Flatex Bank Ag Degiro

Regulator approves today flatex to acquire 100 of degiro degiro consolidation into flatex group expected as of august 1 2020 flatex ceo frank niehage will join degiro supervisory.

Flatex bank ag degiro.

Flatex bank has held a banking license since 2005 and has 14 billion in assets under administration july 2020. Amsterdam 34342820 about flatex ag flatex ag wkn. Online brokers compared for fees trading platforms safety and more. Degiro is a trade name of degiro b v.

2 flatex and degiro overview founded in 2007 in netherlands as fund management company private non listed dutch company since 2011. We are now closing the transaction with 250k additional new clients at no additional costs and are becoming the first and largest pan european online broker comments frank niehage ceo of flatex ag. Registered as an investment firm at the afm and dnb k v k. Although degiro is not a bank this does not mean we can t partner up with one.

Degiro retail brokerage asset light model no banking license proprietary it and trading engine 2019e 470k clients 18 6m transactions 18 countries 200 employees. See a side by side comparison of degiro vs flatex. When we signed the transaction degiro had less than 500k customers. Ftk gr operates one of the leading and fastest growing online brokerage businesses in europe.

Degiro brokerage to professional clients since 2013. Under the brands flatex and degiro the firm operates a proprietary securities trading platform and services more than 1 million european.