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FinLab AG, DE0001218063

FinLab AG, DE0001218063

07.11.2019 - 13:31:16

FinLab AG: Nextmarkets launched the next generation of its trading and investment app

In addition to its existing trading license, nextmarkets has received approval to offer investment management and advise With the new Authada identification solution, customers can complete an onboarding fully digitally within seconds with their ID card and PIN

Frankfurt/Cologne, November 07, 2019? - The Cologne based FinTech nextmarkets, a portfolio company of FinLab AG (ISIN: DE0001218063; Ticker: A7A.GR), announces the market launch of its new trading platform. The new generation of their app adds many new innovative features for the customers. Stocks, commodities, indices and cryptos can now be traded "long" and "short" without leverage. Equity long positions can be traded without additional financing costs or other fees with standard exchange spreads. In addition, fractions of shares can now be traded. Zero-commission trading in equities, ETFs and structured products will be possible in a few weeks.

?For nextmarkets, however, the step into further asset classes is not the only product expansion. In addition to the current trading license, the FinTech, in which Peter Thiel, among others, has also invested, has now received permission to provide portfolio management services and is therefore entitled to offer an integrated digital asset management product.

There is also an exciting, albeit simple, solution when it comes to security that guarantees customers even more security in the future. The Authada identification solution is now, among other things, digital identification at nextmarkets. All you need to confirm your identity is an electronic ID card, the corresponding PIN and an NFC-enabled smartphone. The account opening process is considerably accelerated and can now be completed within a few seconds.

Many more product features will be released in the coming weeks. These include a new iPad app and a revised desktop version of the trading platform.

 

About nextmarkets GmbH: nextmarkets GmbH is a German FinTech company that wants to help private investors to operate more successfully and better educated on the stock exchange. Private investors can be accompanied by trading coaches in an innovative way, so that the term "curated investing" has been created. Nextmarkets, with offices in Cologne and Malta, currently employs 35 people and is supported by leading venture capitalists such as Peter Thiel, Founders Fund, Axel Springer, Falk Strascheg and the listed FinLab AG.

Press contact: nextmarkets GmbH press@nextmarkets.com Phone: +49 (0) 221 99 96 95 - 50About FinLab AG: Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A) is one of the first and largest investors focused on the Financial Services Technologies ("FinTech") and blockchain sector in Europe. FinLab focus in this context is providing venture capital for start-ups. FinLab's aim is a long-term participation and ongoing support of its investments. FinLab in this regard supports its investments in their respective development phase with their network and know-how. In addition, FinLab acts as an asset manager and manages assets in the three-digit million-dollar range.

Press contact: FinLab AG: investor-relations@finlab.de Phone: +49 69 719 12 80 0 www.finlab.de

End of Media Release Issuer: FinLab AG Key word(s): Enterprise

07.11.2019 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: FinLab AG Grüneburgweg 18 60322 Frankfurt/Main

Germany Phone: +49 (0)69 719 12 80 - 0 Fax: +49 (0)69 719 12 80 - 011 E-mail: investore-relations@finlab.de Internet: www.finlab.de ISIN: DE0001218063 WKN: 121806 Indices: Scale 30 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange EQS News ID: 907553   End of News DGAP Media

907553  07.11.2019 

@ dgap.de