Lemon.markets, a burgeoning FinTech enterprise, has announced a significant funding boost of €12m.
This investment round was led by CommerzVentures, with notable contributions from Heliad AG and an array of previous backers including Creandum, Lakestar, Lightspeed, and System.One.
Lemon.markets is dedicated to providing robust infrastructure aimed at supporting the next 100 million brokerage accounts. This ambitious goal underscores their commitment to making capital markets accessible to a wider audience, leveraging technology to simplify and enhance the investment experience.
The infusion of funds is earmarked for several strategic initiatives. Key among these is the acceleration of new partnerships and the continued growth and scaling of their platform. This includes the introduction of mutual funds and further expansion into the banking sector, highlighted by their recent collaboration with Tomorrow. These developments are part of a broader strategy to diversify and enhance their offerings, making investing more accessible to the general public.
Additional facets of their strategy include the launch of the financial education app beatvest in March, which facilitates ETF investments for B2C customers. This was made possible through partnerships with major financial institutions like Deutsche Bank, BNP Paribas, and Tradegate Exchange.
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