The company opens a new office dedicated to supporting FinTech startups as private and public sector efforts are underway in Frankfurt.
Inspired as part of a state-sponsored effort, alongside expected private initiatives, starting in April Deutsche Borse - operator of a number of business lines and exchanges - will provide access for startups to join its new facility dedicated to supporting FinTech companies in Frankfurt.
Deutsche Borse CEO Carsten Kengeter presented the company's plans at its new dedicated space in Frankfurt today, with the German Minister of Economics of the Hesse region Tarek Al-Wazir present who was quoted in the press release saying: “Deutsche Börse's initiative contributes to the emergence of a lively and diverse ecosystem in Frankfurt containing various start-up centres operated by financial market players with different focuses and profiles, who can give each other various impulses.”
We will continue to be actively involved in creating suitable conditions for these growth companies in Frankfurt.
New Deutsche Borse Dedicated Space in Bornheim Area
The company has rented a loft-style open space in Frankfurt, located on Sandweg Strasse in Bornheim, where the regional economics minister Mr. Al Wazir met with Deutsche Borse's CEO earlier today, according to people close to the developments. The news follows yesterday's coverage by Finance Magnates about a potential merger of the company with the LSE.
Deutsche Borse is still finalising the criteria that FinTech companies will need to meet in order to be accepted into the new space, which will cater to nearly 60 people initially depending on the size of each startup.
Whether a start-up is bootstrapping and looking for affordable c0-working space, or scaling its ideas and looking for VC funding, bringing such companies together around a common theme of financial technology can help provide resources from within a single location to the accepted participants.
The shared spaces or dedicated incubator style workplaces for tech companies and startups continues to be a popular approach to concentrating talent within a common environment and is a structure used from Silicon Valley, to New York, to cities in Asia, in both private and public initiatives.
Initiative to Help Industry and Local Economy
With the aim to support a specific industry, the public effort will help with matching talent and other resources to companies' needs, while creating new jobs and product solutions via innovation and development, thus justifying the government's support as it is aimed to help the local economy. In addition, private initiatives, such those as announced by Deutsche Borse, will feature alongside the effort in Frankfurt.
For the Exchange operator, it provides an opportunity to contribute in many ways, including marketing itself, and cross-selling some of its services to providers that may rely on some financial technology components that their own FinTech firms will operate across, as well as related sides of the industry that they can gain access to further to Deutsche Borse's Venture network.
Commenting in the company's press release, Deutsche Borse CEO Mr. Kengeter said: "We will continue to be actively involved in creating suitable conditions for these growth companies in Frankfurt.”
A company spokesperson explained to Finance Magnates reporters that the aim is not just within the segments that Deutsche Borse focuses within regarding FinTech but includes other sides of the spectrum including Payments and banking, for example, and the many sides of financial technology that startups can focus on.
Deutsche Borse will support FinTech startups in a number of ways, including with funding, business opportunities, and networking, among other areas as it covers the rental costs and other operational expenses (provided through the use of its facility and services) to help new startups in Frankfurt create financial technology.
Inspired as part of a state-sponsored effort, alongside expected private initiatives, starting in April Deutsche Borse - operator of a number of business lines and exchanges - will provide access for startups to join its new facility dedicated to supporting FinTech companies in Frankfurt.
Deutsche Borse CEO Carsten Kengeter presented the company's plans at its new dedicated space in Frankfurt today, with the German Minister of Economics of the Hesse region Tarek Al-Wazir present who was quoted in the press release saying: “Deutsche Börse's initiative contributes to the emergence of a lively and diverse ecosystem in Frankfurt containing various start-up centres operated by financial market players with different focuses and profiles, who can give each other various impulses.”
We will continue to be actively involved in creating suitable conditions for these growth companies in Frankfurt.
New Deutsche Borse Dedicated Space in Bornheim Area
The company has rented a loft-style open space in Frankfurt, located on Sandweg Strasse in Bornheim, where the regional economics minister Mr. Al Wazir met with Deutsche Borse's CEO earlier today, according to people close to the developments. The news follows yesterday's coverage by Finance Magnates about a potential merger of the company with the LSE.
Deutsche Borse is still finalising the criteria that FinTech companies will need to meet in order to be accepted into the new space, which will cater to nearly 60 people initially depending on the size of each startup.
Whether a start-up is bootstrapping and looking for affordable c0-working space, or scaling its ideas and looking for VC funding, bringing such companies together around a common theme of financial technology can help provide resources from within a single location to the accepted participants.
The shared spaces or dedicated incubator style workplaces for tech companies and startups continues to be a popular approach to concentrating talent within a common environment and is a structure used from Silicon Valley, to New York, to cities in Asia, in both private and public initiatives.
Initiative to Help Industry and Local Economy
With the aim to support a specific industry, the public effort will help with matching talent and other resources to companies' needs, while creating new jobs and product solutions via innovation and development, thus justifying the government's support as it is aimed to help the local economy. In addition, private initiatives, such those as announced by Deutsche Borse, will feature alongside the effort in Frankfurt.
For the Exchange operator, it provides an opportunity to contribute in many ways, including marketing itself, and cross-selling some of its services to providers that may rely on some financial technology components that their own FinTech firms will operate across, as well as related sides of the industry that they can gain access to further to Deutsche Borse's Venture network.
Commenting in the company's press release, Deutsche Borse CEO Mr. Kengeter said: "We will continue to be actively involved in creating suitable conditions for these growth companies in Frankfurt.”
A company spokesperson explained to Finance Magnates reporters that the aim is not just within the segments that Deutsche Borse focuses within regarding FinTech but includes other sides of the spectrum including Payments and banking, for example, and the many sides of financial technology that startups can focus on.
Deutsche Borse will support FinTech startups in a number of ways, including with funding, business opportunities, and networking, among other areas as it covers the rental costs and other operational expenses (provided through the use of its facility and services) to help new startups in Frankfurt create financial technology.
Crypto Gets Second Chance: Stripe Re-enters the Sector with Stablecoins
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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