neoFIN Hamburg GmbH and mwb fairtradeWertpapierhandelsbank AG will work together on digital capital market issues in the future. The Hamburg-based FinTech will provide technical advice and implementation of digital securities and other tokenised financing instruments for the established capital market service provider.
mwb fairtrade Wertpapierhandelsbank has held an issuing licence since 2006 and has since accompanied numerous medium-sized companies to the stock exchange. “We have been observing the trend of tokenised capital market issues for a very long time. With the team at neoFIN, we have now found the right partner to be able to expand our IPO advisory services to include security token offerings,” says Kai Jordan, mbw board member.
neoFIN founder and CEO Patrick Schütze sees great potential in the cooperation: “Especially in the SME sector, tokenised capital market issues have not yet arrived as a more cost-effective and digital alternative to traditional financing vehicles. Through the cooperation, we want to further establish the trend towards digital securities and advance this contemporary form of capital procurement and investment.”
neoFIN Hamburg GmbH supports capital-seeking companies in issuing tokenised capital market products in the form of digital securities/security token offerings (STO). Via its own platform, the FinTech offers complete support from the planning phase through the term of the public offering to the successful conclusion of the capital market project. As a one-stop shop, neoFIN covers all legal, technical and sales components KYC- and AML-compliant from a single source. neoFIN Hamburg GmbH is a contractually bound intermediary within the meaning of Section 3 (2) of the German Securities Trading Act (WpIG) and acts as investment intermediary pursuant to Section 2 (2) No. 3 of the German Securities Trading Act (WpIG) exclusively for the account and under the liability of CONCEDUS GmbH, Eckental.
mwb fairtrade Wertpapierhandelsbank AG is a securities services provider licensed by the German Federal Financial Supervisory Authority (BaFin) with branches in Gräfelfing nearMunich, Hamburg, Hanover, Frankfurt, and Berlin. The company was founded in 1993 and went public in 1999. mwb is active in two business divisions: Securities Trading and Corporates & Markets. In Securities Trading, mwb manages around 38,000 order books for German and international securities. This makes mwb one of the largest order book managers in Germany. The range of services in the Corporates & Markets segment includes, among other things, listings and new issues on the regulated or open market in Frankfurt or on a regional stock exchange, as well as capital increases and reallocations.