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Heliad Invests in Berlin-Based FinTech Startup lemon.markets
Frankfurt am Main, July 11th, 2024 – Heliad AG has announced its participation in the Seed Extension funding round for lemon.markets, a Berlin-based brokerage-as-a-service platform. The company, which was founded in 2020, secured total funding of EUR 12 million. This investment round saw contributions from notable investors including CommerzVentures, Creandum, Lakestar, Lightspeed, and System.one.
lemon.markets aims to use the newly raised capital to expand its platform and establish additional partnerships. The platform offers a modular API infrastructure that enables brokers, banks, asset managers, and FinTechs to provide cost-effective, real-time access to financial markets for their customers.
Noteworthy collaborations with Deutsche Bank, BNP Paribas, and Tradegate have strengthened the platform's standing, and it recently launched commercial operations with FinTech beatvest. Additionally, banking provider Tomorrow has transitioned its securities business to lemon.markets.
The dynamic market for brokerage and custody infrastructure is expected to grow significantly, with a projected European market volume of USD 63 billion over the next five years. lemon.markets plans to broaden its range of financial instruments and further develop its infrastructure.
Max Linden, Founder and CEO of lemon.markets, welcomed Heliad's participation, highlighting their expertise in capital markets as a valuable asset for advancing the company's vision and financial strategy.
R. E.
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