Flatex - Grateful for volatility
Flatex reported H120 earnings of €22.4m (+162% y-o-y) and ROE of 23.1%. Volatile markets helped trade executions jump 127% y-o-y to €13.1m. Client...
Flatex - Waiting for the regulatory go-ahead
Flatex reported FY19 of earnings €14.9m (-15% y-o-y) and a ROE of 8.6%. Lower market volatility affected the results, as did the costs of expansion...
Flatex - Dutch delight
Flatex (after its online brokerage brand; previously FinTech) reported a 10% y-o-y increase in revenue in H119. Earnings fell 9% y-o-y to €8.6m...
FinTech Group - Banking JV is abandoned with positive effect
FinTech Group’s (FTG’s) proposed banking joint venture (JV) with Austrian Post has been abandoned in accordance with the feedback of the relevant...
FinTech Group - Leading online brokerage
FinTech Group’s (FTG) online brokerage business, Flatex, has been benefiting from the popularity of exchange-traded products and its customer base...
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