Fintech lemon.markets Becomes Part of the dwpbank Group

Deutsche WertpapierService Bank (dwpbank) has reached an agreement with the Fintech lemon.markets for its acquisition. By acquiring all shares of the Berlin-based company, dwpbank is expanding its full-custody offering with a Brokerage-as-a-Service (BaaS) solution. In the future, the dwpbank Group will operate under two brands, combining many years of securities expertise and stability with innovative strength. Established financial services providers and Fintechs will benefit from a flexible service portfolio, enabling them to respond more quickly and distinctly to market changes – and thereby access and retain new customer segments in securities business for the long term.

With this step, the dwpbank Group – consisting of dwpbank and its subsidiaries – is pursuing its growth strategy: to create an ecosystem for modern, easily accessible, and highly available securities services that meet the needs of a diverse financial world. With lemon.markets, the dwpbank Group complements its cloud-based technology stack – comprising the powerful securities platform WP3 and the digital asset solution wpNex with an infrastructure for lean and digital brokerage and custody services.

Founded in 2020, the Berlin-based Fintech lemon.markets provides Banks, Fintechs, and Asset Managers with easy, digital access to capital markets. The platform can be integrated into existing systems in no time via API. The infrastructure supports modern features such as fractional trading, real-time processing, and fully digitized processes for ETFs, stocks, and funds. Customers of the BaFin-licensed securities institution include leading Fintechs such as Tomorrow, Optio, and Holvi.

Kristina Lindenbaum, Board Member for Client and Digital Transformation, says: “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. Within the dwpbank Group, we are enabling our partners to capture growth opportunities in a securities market increasingly shaped by neo- and online brokers.”

Synergies in market development and technological advancement

The dwpbank Group will operate in the market with a two-brand strategy: The two companies will remain visible as independent brands but will work closely together and combine their respective strengths. The focus is on the joint further development of their platforms, short innovation cycles, and a service portfolio that enables established financial institutions and Fintechs to respond to market changes quickly and distinctly. Thanks to the connectivity of both platforms and joint development, client institutions and partners 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, founder and CEO of 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. With accelerated time-to-market, a modular service offering, and a modern customer experience, together with dwpbank, we are making financial service providers more competitive.”

With this cooperation, both companies are helping to shape the dynamic securities market. Through their ecosystem for securities services, they are demonstrating how customer focus, technological openness, and regulatory expertise can interact to set new standards in the securities business.

The lemon.markets management team will remain in place. The acquisition is still subject to approval by BaFin and the fulfillment of customary closing conditions. The transaction is expected to be completed by autumn 2025.