A well established and popular German Fintech company has been acquired by the main architects of Switzerland’s erstwhile largest online trading bank. It is now in the filing process for a German Securities and Derivatives Bank License and is ready to pull in business, leading to revenues of around EUR 100m in Year 3. By that year the new Company will have developed the full range of digital banking services and will thus be in the position to enhance its license to a full German Bank, as well as eventually be listed on the Frankfurt Stock Exchange.
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