Dwpbank buys brokerage-as-a-service platform lemon.markets
0
Founded in 2020, Lemon.markets provides digital brokerage and custody infrastructure, enabling any company to offer investment products. Last year it secured a license as an investment firm from German regulator BaFin, enabling it to provide contract broking, investment advice, financial portfolio management, financial commission business, proprietary trading, and custody business.
A year ago, the firm closed a €12 million investment round led by CommerzVentures, bringing its total funding to €28 million.
It now becomes part of dwpbank, a German provider of securities services, with the business operating a two-brand strategy but working together to develop their platforms.
Dwpbank says that clients will benefit from an expanded and competitive portfolio of services - ranging from full custody to digital Brokerage-as-a-Service offerings, which can be dynamically combined within their own customer base.
Max Linden, CEO, lemon.markets, says: 'Both companies share the mission to make investing in capital markets more accessible - the best foundation for our cooperation. Alongside our technological leadership, we're sending a signal of strength to existing and future partners and customers."
Kristina Lindenbaum, board member, client and digital transformation, dwpbank, adds: 'With the technological know-how and innovative offering from lemon.markets, we can now offer Banks, as well as Fintechs and Asset Managers, the best of both worlds in the securities business - expertise and stability combined with innovative strength. "
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Mail
15 minutes ago
- Daily Mail
We burn a lot more than we recycle - that's just madness!
As delegates from more than 170 countries meet in Geneva to try to hammer out a global treaty on plastic pollution – a crisis most visible in our waste-strewn oceans – the UK faces its own reckoning. Every week millions of us do our bit. We rinse yoghurt pots, flatten packaging, and sort plastic into the right bins, in the hope we're helping the planet. But most of that plastic isn't recycled in the UK. It's either shipped abroad or, more often, burned in incinerators. In 2023 alone, more than half a million tons of plastic in the UK was incinerated, releasing carbon, wasting resources, and undermining public trust in recycling. That's not green. That's madness. The real scandal? This isn't happening because people don't care, it's because the system is broken. We treat recycling as a consumer issue, when it's really an infrastructure issue. It's about what happens after the bin is emptied. Too often, the answer is: not much. Local councils can't recycle flexible plastics such as films, pouches and bags. The UK lacks the capacity to process them. So they're incinerated, buried, or exported – a tragic waste of a valuable resource. Meanwhile, the taxpayer foots the bill, and the environment pays the price. Some argue we should stop using plastic altogether. It's a seductive idea, but not a serious one. Plastic is essential to UK life sciences, packaging, food, construction and transport. And we shouldn't want to ditch it. Britain's plastics industry is world-class: a top ten exporter, worth £10 billion in 2022, supporting 160,000 jobs in every region of the country. What we do need to change is how we handle plastic at the end of its life. Globally, new technologies are reshaping what's possible. At Plastic Energy, we've been developing chemical recycling for more than 15 years, converting mixed, contaminated plastic from household bins into oil that can be used to make new plastic. No wishful thinking – it works, at commercial scale, today. We chose Loughborough University as the site for our global research and development centre, and London as our headquarters. From our UK base, we're building and operating plants in Spain, the Netherlands and France. British innovation, making a global impact. We're not alone. Symphony Environmental Technologies in Hertfordshire is creating smart additives to make plastics more recyclable. In Scotland, Revantas uses solvents to extract pure polymers from mixed waste. UK firms are pioneering the next chapter in plastics – low carbon, circular, and scalable. The problem isn't the technology. It's the policy. It's still too difficult to build and operate advanced recycling plants in the UK. In fact, things are going backwards – with mechanical recycling plants closing in Sunderland, Bristol and Kent. The plastic packaging tax is a step in the right direction – rewarding manufacturers who use recycled content – but the revenue vanishes into Treasury coffers. It should be reinvested into better sorting and reprocessing infrastructure. We also need simpler, more consistent waste collection and regulatory clarity for investors and operators. We talk a lot about industrial policy in the UK. Well, here's an industry we're good at. One that's essential to the net zero emissions goal. One with proven, investable firms. And we've shown we can lead. The UK was the first country in the world to establish rules for how chemically recycled content should be counted in packaging, more than a year ahead of the European Union. Brussels has now followed our lead. That's the kind of confident, pragmatic leadership we need more of. Britain can lead the next generation of plastics recycling. But only if we stop burning what we could reuse and start investing in the systems that make it possible.
Times
15 minutes ago
- Times
Signal boss: ‘disturbing' laws show the UK doesn't understand tech
S tudying a book in a café window on a cobbled Parisian street, Meredith Whittaker, curly haired, tattooed and dressed all in black, has the air of a scholarly punk. When I ask what's on her mind, the boss of Signal, WhatsApp's privacy-obsessed messaging rival, stares deep into my eyes with a look that suggests the answer should be obvious: the rise of the 'robot butler'. In the tech world Whittaker inhabits, entrepreneurs and investors salivate over a not-too-distant future where average Joes will have their own low-cost, errand-running AI agents. 'It books a concert for you,' Whittaker recites. 'It finds a time; what date would work for you and your friends. It messages your friends to co-ordinate, and then puts that in your calendar.'
Times
15 minutes ago
- Times
Unmasked: the claims firms racing to cash in on car finance scandal
I t seemed like the revelation many boxing fans wanted to hear. 'They thought I was done. But I've returned,' Tyson Fury recently told his 6.7 million Instagram and 2.1 million Facebook followers. After a dramatic pause, the 36-year-old former world heavyweight champion, shadow boxing in the blue colours of the compensation company My Claim Group, continued: 'Not for belts, but for justice. Because now I'm fighting for the people. To claim back what is rightfully ours. 'If you bought a vehicle on finance after 2007, you could be owed up to £4,000 in compensation. Click the link to start your claim.' The Instagram post has now been taken down. Fury's decision to pivot into advertising car finance compensation may seem curious. But it is an industry that has packed a punch in recent years.
