flatexDEGIRO Extends Partnership with Whitebox

by Cryptospacey

flatexDEGIRO (ETR: FTK), a German retail on-line dealer, introduced on Thursday that it signed a Memorandum of Understanding to increase its B2B partnership with Whitebox, one of many main unbiased robo-advisors for retail traders.

In keeping with the press launch, each events anticipate to supply digital funding options to flatexDEGIRO prospects in Germany in the summertime of 2022.

“The prolonged partnership helps flatexDEGIRO’s strategic precedence to offer thousands and thousands of retail traders in Europe with the most effective on-line brokerage platform by way of product, platform and worth. It allows us to supply our prospects entry to a further, extremely engaging, and cozy means of investing. This advantages, specifically, prospects who had been beforehand much less energetic in buying and selling. As well as, it allows us to handle new shopper teams which are typically on the lookout for help in accessing the capital markets on a sustainable, long-term foundation. Providing digital wealth administration within the type of robo-advisory is the following, logical step in verticalizing our distinctive European brokerage platform,” Frank Niehage, flatexDEGIRO’s CEO, commented.

Since 2007, flatexDEGIRO and Whitebox have been companions within the B2B house. Lately, Whitebox has been rated the most effective robo-advisor in Germany a number of instances with excessive scores for its product provide, service high quality, and pricing mannequin. FlatexDEGIRO and Whitebox have a long-term strategic match and trusting relationship that permits them to supply this ancillary service to its prospects in a seamless and intuitive method. The flatexDEGIRO providing can be expanded to all DEGIRO prospects following its profitable launch at flatex.

Salome Preiswerk, Founder and Managing Director of Whitebox, issued the next assertion: “We’re very excited concerning the alternatives that come up from the strategic partnership. Our purpose is to supply investments which are tailor-made to particular person wants, easy, clear, cost-effective – and of top of the range. Increasing our attain with a trusted accomplice equivalent to flatexDEGIRO to probably a number of million retail traders throughout Europe means an enormous step ahead for us.”

Monetary Metrics for flatexDEGIRO

Early this month, flatexDEGIRO reported a stable soar throughout all key monetary metrics. The yearly income of the corporate jumped 60% to succeed in EUR 418 million, making it a report 12 months for the dealer.

flatexDEGIRO (ETR: FTK), a German retail on-line dealer, introduced on Thursday that it signed a Memorandum of Understanding to increase its B2B partnership with Whitebox, one of many main unbiased robo-advisors for retail traders.

In keeping with the press launch, each events anticipate to supply digital funding options to flatexDEGIRO prospects in Germany in the summertime of 2022.

“The prolonged partnership helps flatexDEGIRO’s strategic precedence to offer thousands and thousands of retail traders in Europe with the most effective on-line brokerage platform by way of product, platform and worth. It allows us to supply our prospects entry to a further, extremely engaging, and cozy means of investing. This advantages, specifically, prospects who had been beforehand much less energetic in buying and selling. As well as, it allows us to handle new shopper teams which are typically on the lookout for help in accessing the capital markets on a sustainable, long-term foundation. Providing digital wealth administration within the type of robo-advisory is the following, logical step in verticalizing our distinctive European brokerage platform,” Frank Niehage, flatexDEGIRO’s CEO, commented.

Since 2007, flatexDEGIRO and Whitebox have been companions within the B2B house. Lately, Whitebox has been rated the most effective robo-advisor in Germany a number of instances with excessive scores for its product provide, service high quality, and pricing mannequin. FlatexDEGIRO and Whitebox have a long-term strategic match and trusting relationship that permits them to supply this ancillary service to its prospects in a seamless and intuitive method. The flatexDEGIRO providing can be expanded to all DEGIRO prospects following its profitable launch at flatex.

Salome Preiswerk, Founder and Managing Director of Whitebox, issued the next assertion: “We’re very excited concerning the alternatives that come up from the strategic partnership. Our purpose is to supply investments which are tailor-made to particular person wants, easy, clear, cost-effective – and of top of the range. Increasing our attain with a trusted accomplice equivalent to flatexDEGIRO to probably a number of million retail traders throughout Europe means an enormous step ahead for us.”

Monetary Metrics for flatexDEGIRO

Early this month, flatexDEGIRO reported a stable soar throughout all key monetary metrics. The yearly income of the corporate jumped 60% to succeed in EUR 418 million, making it a report 12 months for the dealer.

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