DGAP-News: FinTech Group AG / Key word(s): Alliance
FinTech Group and Rocket Internet launch strategic technology partnership

26.07.2016 / 19:30
The issuer is solely responsible for the content of this announcement.

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Corporate News / Frankfurt am Main, 26 July 2016

FinTech Group and Rocket Internet launch strategic technology partnership

  - FinTech Group and Rocket Internet are working together to create
    digital banking services in Europe

  - Rocket Internet will use liability umbrella and technical
    infrastructure of FinTech Group's subsidiaries XCOM AG and Bank biw AG

  - Rocket Internet brings expertise in digital business model acceleration

Frankfurt am Main - FinTech Group AG (German securities identification no.:
524 960, ISIN: DE0005249601, ticker symbol: FLA.GR) and Rocket Internet
have agreed on a comprehensive technology partnership. In a first step,
FinTech Group AG is developing a digital bank for Rocket Internet. Based on
the banking license of its subsidiary Bank biw AG, FinTech Group AG will
provide technological infrastructure such as its core banking system as
well as highly automated processes. In addition, XCOM AG, FinTech Group's
IT system provider, is bringing its high-performance servers and software
development services to the technology partnership.

Both parties plan to develop joint banking business models at an EU level.
To achieve this, Rocket Internet brings its expertise in online marketing,
user experience, front-end design, internationalization, and the
development of scalable business models. FinTech Group and Rocket Internet
have also agreed not to disclose the details of their common European
goals.

"We are pleased to have found the perfect partner for creating digital
banking services in Europe. FinTech Group's profile in financial services
and the expertise of Rocket Internet in creating scalable, disruptive
business models fit together perfectly. We will make this cooperation a
success and participate mutually," says Frank Niehage, CEO of FinTech Group
AG.

Bank biw AG is one of the most successful white label banks in Germany and
holds an EU bank passport, which allows it to offer banking services in all
countries of the European Union. B2B customers range from renowned
financial institution to young startups. Thanks to highly automated
processes, customers can access banking services such as account
management, payments, lending and trade execution quickly and simply. As a
full-service bank under the supervision of the German Federal Financial
Supervisory Authority (BaFin), biw AG bank complies with the highest
regulatory requirements and provides its liability umbrella to customers,
which means that customers do not necessarily need their own banking
license, saving time and money.

XCOM AG, which recently opened a new major data center, provides cutting-
edge technology and high-performance data processing capabilities. The high
load capacity of the IT systems was recently proven, following the effects
of Brexit on the financial market. XCOM AG also develops and provides
support for bespoke software solutions for renowned German and
international companies.

These services can help Rocket Internet to rapidly establish innovative
business models on the market with an experienced technology partner.

About FinTech Group AG

FinTech Group AG (WKN: 524 960, ISIN: DE0005249601, Ticker Symbol: FLA:GR)
is one of the most significant innovative financial technology companies in
Europe. Our B2C brands service a total of 200,000 private clients.
Likewise, our B2B business lines are important technology partners for
German and international banks and financial institutions.

Our preliminary EBITDA 2015 is EUR 19 million. Our wholly owned subsidiary
flatex GmbH has been one of the innovation leaders in the German online
brokerage market for years. About 160,000 private clients both in Germany
and internationally have chosen flatex' clear and transparent pricing
model.

XCOM AG, in which we hold a majority interest, was founded in 1988 and is a
German pioneer in the area of financial technology. Today, XCOM AG is one
of the most successful software and technology providers for banks and
financial institutions.

biw Bank für Investments und Wertpapiere AG, which is also belongs to
FinTech Group, has a full-service banking license and is the group wide
backbone of our banking services. It also serves as outsourcing partner for
other well-known banks ("white label banking services") and is one of the
most modern online banks in Europe.

FinTech Group AG is also an important partner for many young fintech
companies in the up-and-coming
German start-up scene, who benefit from our innovative profile.



Disclaimer

This release may contain forward-looking statements and information, which
may be identified by formulations using terms such as "expects", "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.




Contact:
Roman Kessler
Roman.kessler@fintechgroup.com
Head of Communications
FinTech Group AG
Rotfeder-Ring 5
D-60327 Frankfurt/Main
+49 (0) 69 450001 041
Roman.kessler@fintechgroup.com


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26.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:    English                                                     
   Company:     FinTech Group AG                                            
                Rotfeder-Ring 5                                             
                60327 Frankfurt am Main                                     
                Germany                                                     
   Phone:       +49 (0) 69 450001 041                                       
   E-mail:      ir@fintechgroup.com                                         
   Internet:    www.fintechgroup.com                                        
   ISIN:        DE0005249601, DE0005249601                                  
   WKN:         524960                                                      
   Listed:      Regulated Unofficial Market in Berlin, Dusseldorf, Munich,  
                Stuttgart, Tradegate Exchange; Open Market (Entry           
                Standard) in Frankfurt                                      
 
 
   End of News    DGAP News Service  
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486333 26.07.2016