Cologne – Online broker Nextmarkets has received USD 30 million in a Series B round of financing. The additional capital is earmarked for accelerating the fintech’s European expansion and establishing Nextmarkets as a neobroker in Europe. The international investors include German firm DEWB.
A CMS team headed by lead partner Dr Malte Bruhns advised Nextmarkets on all legal aspects of the financing round. This new round of financing is part of preparations for the neobroker’s IPO.
Nextmarkets is Europe’s commission-free neobroker. The company has offices in Cologne, Lisbon and Malta, with a team of 39 at present. It is backed by leading venture capitalists such as Peter Thiel, Founders Fund, Christian Angermayer, Alan Howard, Axel Springer, Falk Strascheg, DEWB and listed firm FinLab AG.
CMS Germany
Dr Malte Bruhns, Lead Partner, Cologne
Matthias Engelen, Senior Associate, Cologne, both Corporate/M&A
Dr Richard Mayer-Uellner, Partner, Cologne, Stock Corporation Law
Philipp Melzer, Partner, Frankfurt/Main
Dr Thomas Sonnenberg, Partner, Cologne
Ronja Quooß, Associate, Frankfurt/Main, all Banking & Finance
CMS Italy
Paolo Bonolis, Partner
CMS Spain
Marta Gonzáles, Senior Associate
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