flatexDEGIRO AG

Based in Frankfurt am Main, Germany, flatexDEGIRO AG, established in 1999, is a prominent provider of online brokerage services and financial technology solutions across Europe. The company operates through two distinct divisions: Financial Services (FIN) and Technologies (TECH). The FIN segment delivers a comprehensive suite of offerings, including direct-to-consumer online securities trading, business-to-business white-label banking solutions, electronic settlement of securities, and the administration of custody accounts. This division also extends to other banking products, business process outsourcing, technical transaction processing, cash management, and securities-backed lending, alongside engaging in treasury and investment activities. Conversely, the TECH segment is responsible for the complete lifecycle of IT assets – from the development and production to the distribution and ongoing maintenance of software, hardware, and underlying information technology infrastructure. This includes supplying a platform for banking operations, corporate payment products, and the creation and upkeep of its specialized Limit Order System, which facilitates the monitoring of European brokers' limit orders against real-time issuer price feeds. The company adopted its current name, flatexDEGIRO AG, in October 2020, having previously operated as flatex AG.