lemon.markets, a Berlin-based fintech startup providing digital brokerage and custody infrastructure, has secured €12 million in a new funding round led by CommerzVentures.

Berlin-based lemon.markets, a Brokerage-as-a-service platform, has secured €12M in additional funding from CommerzVentures, Heliad, and existing investors like Creandum, Lakestar, Lightspeed, and System.one.Jonas Wenke of CommerzVentures, says, “At CommerzVentures, we love partnering with the most talented teams that are solving financial services’ most complex problems. lemon.markets certainly tick both boxes.”“Max (founder of lemon.markets) is an impressive young leader who has built a first-class team around him, and we are beyond excited to lead this round and join them on the journey to make lemon.markets the largest and most modern brokerage and custody platform in Europe.”With this round, the Germany-based fintech company has now raised a total funding of €28M, to date. The company aims to open 100 million brokerage accounts by providing digital brokerage and custody infrastructure to enable any company to offer investment products.Capital utilisationThis funding will support lemon.markets in expanding its platform and launching new partnerships.Max Linden, founder and CEO of lemon.markets, says, “With CommerzVentures, we have found a strong partner who has impressed us with its deep understanding of our market. We share a common vision and philosophy for developing lemon.markets into one of the most influential players in the industry.”- A message from our partner -“With the fresh funding, we will double down on the momentum in the market, bringing more partners and products live over the coming months.”lemon.markets also plans to expand its team over the coming year to service scaling customer volumes, develop new products, and launch more partners.Providing the infrastructure powering investment productsfounded in 2020 by Max Linden, lemon.markets operates as a brokerage-as-a-service platform. The company provides infrastructure for fintechs, banks, and wealth managers, facilitating the creation of investment products.In the first half of 2024, lemon.markets secured BaFin licenses enabling it to operate as an investment firm. This allows the company to offer a range of financial services including contract broking, investment advice, portfolio management, commission business, proprietary trading, and custody services.The company has also begun onboarding partners and expanding its platform.In March 2024, lemon.markets launched its product with the financial education app beatvest, in cooperation with Deutsche Bank, BNP Paribas, and Tradegate

Brokerage-as-a-service platform lemon.markets today announced it has secured an additional €12 million in funding from CommerzVentures, Heliad, and its existing investors, including Creandum, Lakestar, Lightspeed and System.one, as they continue to pursue their ambitious goal of opening 100 million brokerage accounts.The Berlin-based FinTech provides digital brokerage and custody infrastructure, enabling any company to offer investment products. With the fresh capital, lemon.markets will accelerate the extension of its platform and launch new partners.“With CommerzVentures, we have found a strong partner who has impressed us with its deep understanding of our market. We share a common vision and philosophy for developing lemon.markets into one of the most influential players in the industry. With the fresh funding, we will double down on the momentum in the market, bringing more partners and products live over the coming months.” explains Max Linden, founder and CEO of lemon.markets.Momentum for lemon.markets: Licenses, product launches, and partnershipsIn the first half of 2024, lemon.markets achieved significant milestones: obtaining comprehensive BaFin licenses, onboarding their first partners, and continuous platform expansion.In January 2024, the FinTech, which was founded in 2020, obtained the licenses to operate as an investment firm from BaFin. These licenses allow lemon.markets to provide contract broking, investment advice, financial portfolio management, financial commission business, proprietary trading, and custody business.In cooperation with industry leaders such as Deutsche Bank, BNP Paribas, and Tradegate, lemon.markets officially launched its product in March with the financial education app beatvest. lemon.markets’ platform empowers beatvest to offer ETF investments for its B2C customers, serving as the first use case in the wealth management vertical.Another recently announced partnership is with sustainable banking provider Tomorrow, where lemon.markets is entering the banking segment as its second vertical