May 2026
📣 VC round data is live. Check it out!
Largest FinTech Public Companies in Germany
Benchmark revenue and EBITDA valuation multiples for public comps like
Deutsche Börse, flatexDEGIRO, Tradegate, Northern Data and Hypoport.
 | Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others. | $300 | -8% | $55B | ($174B) | (20.3x) | (41.9x) | ||
| Flatexdegiro SE is an independent online broker. The firm operates a proprietary securities trading platform under the brands flatex and DEGIRO and services more than 1 million European retail customers in European countries. The company also offers brokerage services and administration to corporate and institutional clients. The segments of the company are Financial Services and Technologies. | $37 | +30% | $4B | ($747M) | (1.4x) | (3.2x) | ||
| Tradegate AG Wertpapierhandelsbank is a Germany-based company. It is engaged in providing banking and financial services. In addition to retail banking, the company focuses on the trading of several domestic and foreign securities on the Tradegate Exchange, and the Frankfurt and Berlin stock exchanges. The company's main business activity consists of market specialist activities and market making; it acts as a Market Specialist on the Tradegate Exchange and the Frankfurt Stock Exchange and as an order book manager on the Berlin Stock Exchange. It extends its services to the securities listing on the stock exchanges in Munich, Stuttgart, Hamburg, Hanover, and Dusseldorf. | $99 | -3% | $2B | $2B | 10.9x | — | ||
| Northern Data AG is a Business-to-Business technology company developing, using, and selling solutions on vertically integrated computing infrastructure. Its segment includes Peak Mining; Taiga Cloud and Ardent Data Centers. Geographically, it operates in Europe (excluding Germany), North America, and Germany. The company derives maximum revenue from Europe. | $19 | -39% | $1B | $2B | 22.0x | (60.5x) | ||
| Hypoport AG operates as a technology-based financial service provider in Germany. The company is engaged in the development, operation and marketing of technology platforms for the credit, housing and insurance industries. The Business segments of the group are divided into Real Estate & Mortgage Platforms, Insurance Platforms and Financing Platforms.. The company generates the majority of its revenue from the Real Estate & Mortgage Platforms segment. The Real Estate & Mortgage Platforms segment is involved in the development of technology platforms for brokering, financing and valuing private residential properties. The vision for this segment is to provide a seamless cross-media process for the purchase, valuation and financing of residential real estate in Germany. | $96 | -58% | $637M | $571M | 0.8x | 7.0x | ||
| Sino AG provides online brokerage services. It provides trading services for stocks, futures, options and other derivatives. The company offers services such as online account opening, stock market information and rules, information package, newsletter subscriptions, and others. | $118 | +18% | $276M | $276M | 22.4x | 158.5x | ||
| Smartbroker Holding AG operates as a trading portal. It offers information regarding market, economics and finance. The company also provides community news, commentary and analysis and security details to equities, commodities ETFs, funds and certificates. | $15 | -3% | $244M | $228M | 3.4x | 21.2x | ||
| Msg Life AG is a Germany-based company. It is a consultant and software company for the insurance and retirement savings market. It is a provider of software, advice, and cloud solutions for life insurance companies and pension fund institutions in Europe and, in particular, health insurance companies in the United States. The company's products and services include msg. Life Factory, msg.Insurance Suite, msg.Migration System, msg.Health Factory, msg.The commission, msg.Business Partner, msg.Billing, and others. Geographically, the company exports its services to the United States of America, Austria, Switzerland, Slovenia, Portugal, Spain, and Benelux. | -- | -- | $180M | $132M | 0.6x | 6.7x | ||
| Bitcoin Group SE is a venture capital company. The Company focuses on the acquisition, sale and management of investments in companies, and the acquisition of strategic leadership, management and coordination of these companies. | $34 | -32% | $170M | $159M | 14.6x | 47.1x | ||
| More Impact AG is passionately committed to a greener and more sustainable future. As a pioneer in sustainable investments, the company focuses on projects that advance the transition to renewable energies while also having a positive social impact. One of its first groundbreaking projects is the Z-Boxx, a concept that enables pollutant-free smoking and is intended to make a significant contribution to smoking cessation. The Z-Boxx aims to overcome the harmful and unhealthy image of cigarettes and offer an environmentally friendly alternative. It not only supports smoking cessation but also serves as a hookah to-go or for medicinal inhalation. The Z-Boxx offers a healthier alternative to traditional cigarettes and sets new standards in smoking. | $1 | -58% | $43M | $43M | — | (324.2x) | ||
| Net digital AG is a group of companies that partners with numerous medium-sized and large companies in the telecommunications, media, and entertainment sectors, as well as public transport companies. The group develops technology platforms for Global and customized digital payment solutions with a focus on digital content distribution. Its services include Global Payment Services, Mobile Payment Services, Content Distribution Services, Artificial Intelligence Solutions, Communication Services, and TV Enabling Services. | $19 | +162% | $40M | $38M | 3.0x | 369.7x | ||
| Stock3 AG is a technology company specializing in stock exchanges and trading. The group operates a web platform and associated mobile applications, offering the following solutions: technical infrastructure and editorial content related to capital markets; targeted outreach to an audience with active trading and investment behavior, to its advertising partners; a terminal solution for financial market data and analysis to market participants, and the opportunity to conduct securities transactions with various brokers via the parent company's web platform and mobile applications. Geographically, the group is currently active in the DACH region, with a focus on Germany. | $34 | +2% | $39M | $35M | 2.3x | 34.8x | ||
| Tick Trading Software AG develops and distributes software packages for professional trading. The company's products are the TBMX Trading Platform, tick-TS Cloud, e-Trading Compliance Monitor, and others. tick Trading Software AG is active in the field of programming IT software; The focus here is on the programming of EDP software in the financial services segment (stock market software, trading software, etc.). In addition, it offers its customers "Software as a Service" housing and hosting of complex server systems for stock exchange trading in combination with its software solutions. | $9 | +15% | $18M | $15M | 1.4x | 3.9x | ||
| B+S Banksysteme AG develops and markets software solutions for the completion of financial transactions with banks, savings banks, and industrial enterprises. It is engaged in the creation and development of its own programs for data processing, duplication, licensing, and distribution as well as consulting for companies. The company's headquarters have been in Munich with further locations in Austria (Salzburg) and Switzerland (Canton Bern). | $3 | +25% | $16M | $18M | 1.2x | 5.3x | ||
| Advanced Blockchain AG is a venture builder and investor in the blockchain industry with an extensive team of analysts, developers, programmers, economists and mathematicians dedicated to developing the future of Web 3.0 to innovate across diverse ecosystems in the industry. | $2 | -28% | $9M | $13M | 47.7x | (10.7x) | ||
| Fast Finance24 Holding AG is involved in providing different online products for consumer credits such as FF24 Rent, FF24 payments and FF24 Pay offering financial services to benefit the underbanked people facing a short-term economic issue. It also consists of other products such as FF24 Trade, FF24 invest and OK.de. FF24 Rent platform is optimised for both desktop and mobile devices. This means that a customer can instantly request a loan on the go, whenever and wherever he needs it. | $0 | +4% | $3M | $3M | 0.4x | 1.9x | ||
| Median | $19 | -3% | $175M | $40M | 2.3x | 5.3x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.