lemon.markets Launches Brokerage Service with Top Banks

Berlin-based brokerage-as-a-service platform, lemon.markets, has commenced operations in collaboration with Deutsche Bank, BNP Paribas, and Tradegate.

Gaining Regulatory Approval

The startup secured an investment firm license from the German regulator BaFin in January. This approval allows lemon.markets to offer its white-label solution to financial service providers and fintechs. With the new regulatory, operative, and technological infrastructure, securities transactions can be processed through an investment API.

Role of Partnered Banks

BNP Paribas will act as the custodian and will be responsible for processing all transactions. At the same time, Deutsche Bank will process the payments between lemon.markets and its end-users. Tradegate Exchange, another partner in this venture, will offer investors access to a variety of financial instruments.

First Client Onboard

Beatvest has become lemon.markets’ first client, using the platform to offer its customers the opportunity to invest in ETFs. The partnership signifies a shift towards more efficient and innovative investment solutions.

CEO’s Statement

Max Linden, CEO of lemon.markets, emphasizes the firm’s customer-centric approach. According to Linden, this approach allows partners to offer existing investment solutions more efficiently and introduce new investment products to their customers.