Corporate News / Frankfurt/Main, August 8, 2019

FinTech Group AG: 10,000 new customers decided for the zero-fee flatex trading offering in Holland in the first 8 weeks

  • flatex Holland with a rocket start: more than 170,000 website visitors and almost 10,000 new customers
  • Record breaking number of new customers in 2019: over 32,000 new customers decided for a flatex ac- count in Germany, Austria and Holland since beginning of the year - just as many as in the whole of 2018
  • Expansion plans: preparations for the roll-out in Spain in Q4 are going according to plan

Frankfurt/Main - FinTech Group AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) achieved a record -breaking number of new customers at the beginning of the second half of this year with the popular online broker flatex. Since the market entry in Holland eight weeks ago, with the unique "zero-fee trading" offering in Europe, flatex has won almost 10,000 new customers in Holland. More than 32,000 new customers joined flatex since the beginning of the year, only in the month of July more than 11,000 new customers were onboarded.

"Our plans have definitely worked out. Over the last 12 years we have developed into a brokerage specialist, our customers in Holland have understood this and are trusting us. There is no real alternative on the market, in price or product offering. Almost 170,000 people have visited our flatex.nl platform and around 10,000 customers from Holland have already decided in favour of a flatex account. With 32,000 new flatex customers this year we have been able to win as many customers as in the whole of 2018. We are expecting to almost double the number of new customers this year. Our target of winning 60,000 new customers in 2019 remains in place." says Frank Niehage, CEO of FinTech Group AG.

flatex offers in Holland for the first time securities trading entirely for free. With the successful market entry, the online broker has been able to build a foundation for the planned pan-European internationalisation strategy and is now present in three different European countries (Germany, Holland, Austria). Until the end of 2020 at least three further countries will follow. In Spain, the online broker is ready for the launch and will enter the market with a zero-trading fee offer latest at the end of 2019.

"We will establish flatex as the pioneer for cost-free trading - with Holland we have demonstrated successful and profitable growth, now we are targeting Spain. With our highly efficient platform and the existing infrastructure "Made in Germany" we will accelerate our technological advantage and continue our growth in Europe. In the medium-term, for active traders in Europe there will be no way around flatex any longer." promises Muhamad Chahrour, CFO of FinTech Group AG.

Due to the positive developments and the successful market entry into Holland and despite the investments for the European expansion, the management already increased the EBITDA margin guidance for the financial year 2019 from 29% to 31% two weeks ago.

Contact:

Muhamad Said Chahrour

Tel. +49 (0) 69 450001 0

Chief Financial Officer (CFO)

ir@fintechgroup.com

FinTech Group AG

Rotfeder-Ring 7

D-60327 Frankfurt/Main

About FinTech Group AG

FinTech Group AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates with flatex one of the leading and fastest growing online brokerage businesses in Europe. Executing round about 12.5 million customer's securities transactions paperless per annum. Offering their more than 290,000 B2C customers top services at a competitive pricing based on their modern, self-developedstate-of-the-art technology.

Many B2B customers, the state infrastructure and established financial services companies as well as disruptive business ideas benefit from FinTech Group's white label banking technology and become quickly successful businesses due to the self-developed core banking system (FTG:CBS) that belongs to the most modern and most modular systems in the market - the standard platform for private and specialist banks. In times of bank consol- idation, low interest rates and digitalisation, FinTech Group is ideally positioned for further growth and well on its way to becoming Europe's leading provider of financial technology.

Disclaimer

This release may contain forward-looking statements and information, which may be identified by formulations using terms such as "ex- pects", "aims", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or "will". Such forward-looking statements are based on our current expectations and certain assumptions, which may be subject to variety of risks and uncertainties. The results actually achieved by FinTech Group AG may substantially differ from these forward-looking statements. FinTech Group assumes no obligation to update these forward-looking statements or to correct them in case of developments, which differ from those anticipated.

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Über die FinTech Group AG

Die FinTech Group AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) betreibt mit flatex eine der führen- den und am schnellsten wachsenden Online-Brokerage-Plattformen Europas. Fortschrittliche, eigenentwickelte Top-Technologie eröffnet den über 300.000 B2C-Kunden kostengünstige Top-Serviceleistungen und gewährleis- tet die reibungslose Abwicklung von rund 12,5 Millionen papierlos ausgeführten Kundentransaktionen pro Jahr.

Die Standardplattform für die Privat- und Spezialbanken mit dem selbstentwickelten Kernbanksystem (FTG:CBS), das zu den modernsten und modularsten Systemen am Markt gehört, verhilft den zahlreichen B2B-Kunden in- klusive staatlicher Infrastruktur ebenso wie etablierten Finanzdienstleistern und disruptiven Geschäftsideen als White-Label-Banking zum schnellen Erfolg. In einer Zeit der Bankenkonsolidierung, von Niedrigzinsen und Digi- talisierung ist die FinTech Group damit ideal für weiteres Wachstum positioniert und auf einem sehr guten Weg, Europas führender Anbieter für Finanztechnologie zu werden.

Disclaimer

Diese Mitteilung kann zukunftsgerichtete Aussagen und Informationen enthalten, die durch Formulierungen wie 'erwarten', 'wollen', 'anti- zipieren', 'beabsichtigen', 'planen', 'glauben', 'anstreben', 'einschätzen', 'werden' oder ähnliche Begriffe erkennbar sind. Solche vorausschau- enden Aussagen beruhen auf unseren heutigen Erwartungen und bestimmten Annahmen, die eine Reihe von Risiken und Ungewissheiten in sich bergen können. Die von der FinTech Group AG tatsächlich erzielten Ergebnisse können von den Feststellungen in den zukunftsbezogenen Aussagen erheblich abweichen. Die FinTech Group AG übernimmt keine Verpflichtung, diese zukunftsgerichteten Aussagen zu aktualisieren oder bei einer anderen als der erwarteten Entwicklung zu korrigieren.

FinTech Group AG veröffentlichte diesen Inhalt am 08 August 2019 und ist allein verantwortlich für die darin enthaltenen Informationen.
Unverändert und nicht überarbeitet weiter verbreitet am 08 August 2019 12:39:05 UTC.

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