CONCEDUS
CONCEDUS is a BaFin-licensed Wertpapierinstitut headquartered in Nuremberg, Germany, providing regulatory infrastructure (Haftungsdach) for European capital markets under combined MiFID II and MiCAR licenses. It serves investment platforms, fund managers, and fintechs via API-first compliance and brokerage infrastructure.
- Company typePrivate
- Founded2018
- HeadquartersNuremberg, Germany
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What CONCEDUS does
CONCEDUS GmbH is a BaFin-licensed Wertpapierinstitut (BaFin-ID 10157094) headquartered in Nuremberg, Germany, operating as a regulatory umbrella — Haftungsdach — for European capital markets participants. Founded in 2018 and licensed since 2020, the firm holds a dual license perimeter combining MiFID II investment-services licensing (investment brokerage and advisory under § 2(2) WpIG) with a MiCAR Title III crypto-asset-services license activated in January 2026, making it one of the first German providers with the combined perimeter. The company delivers three integrated service verticals: (i) Regulatory Umbrella for tied agents (VGVs) and one-time issuers (OTEs) operating primary-market investment and crowdinvesting platforms under § 3 WpIG; (ii) Private Markets for EEA-wide distribution of alternative investment products (private debt, equity, VC, pre-IPO) via NPPR and MiFID II passporting; and (iii) Capital Markets Access for neobanks and embedded-finance players integrating equities, ETFs, and crypto-assets via white-label or co-branded API deployments.
The technological backbone is Concedus Core, a proprietary modular multi-API regulatory engine built in-house with AI-integrated operations, EU multi-region cloud infrastructure, and DORA/BAIT-aligned IT governance. The platform exposes two API stacks — a Capital Markets API (for embedded-finance and neobank clients) and an Alternatives API (for tied agents, issuers, and placement agents) — sharing a common client record, compliance engine, and audit trail. The compliance engine handles KYC/KYB, client classification, suitability and appropriateness assessments under § 63/64 WpHG, AML/PEP/sanctions screening, target-market alignment, cost disclosure, and regulatory reporting. The current stable release is v2.5 (April 2026), with a continuous release cadence and versioned semantic rules providing 90+ day deprecation notices for breaking changes.
CONCEDUS generates revenue through a combination of fixed regulatory retainers (starting at approximately €100k annually for enterprise engagements) and volume-based distribution fees calculated as a percentage of placed commitments or brokered transactions. The GTM is enterprise field sales supplemented by channel partnerships: 17 BaFin-registered tied agents operate as resellers under the Concedus license, complemented by 8 production-tested infrastructure partners (Upvest for execution and custody, Tangany for crypto custody, NYALA, Secupay, Cashlink, Tokenforge, Portagon, Universal Investment) who provide referral flow and integrated service components. By CY2025, the platform ecosystem had brokered more than €500M in volume and served 100,000+ end investors across 16 EEA jurisdictions. The company is founder-led, with no disclosed external funding or institutional ownership.
CONCEDUS firmographics
Firmographics- Name
- CONCEDUS
- Legal name
- CONCEDUS GmbH
- Website
- https://concedus.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- CONCEDUS is a BaFin-licensed Wertpapierinstitut headquartered in Nuremberg, Germany, providing regulatory infrastructure (Haftungsdach) for European capital markets under combined MiFID II and MiCAR licenses. It serves investment platforms, fund managers, and fintechs via API-first compliance and brokerage infrastructure.
- Ownership category
- akta.pro rank
CONCEDUS industry classification
Industry- Product category
- Regulatory Technology (RegTech)
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (5232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Institutional API Connectivity, OMS/EMS & FIX Gateways (FSADAJAJ)
- akta.pro secondary industry
- Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)
Keywords
Where CONCEDUS is headquartered
LocationHeadquarters
- HQ city
- Nuremberg
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
CONCEDUS business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Regulatory Retainer: Fixed annual regulatory retainer covering license use, supervision, and standard operations. Typical retainers start at €100k annually for enterprise engagements.
- Distribution Fees: Volume-based fees calculated as a percentage of placed commitments or brokered transactions. No hidden pass-through commissions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise regulatory retainer starting at €100k annually |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
CONCEDUS product offering
Product offeringCore offering
CONCEDUS operates as a BaFin-licensed Wertpapierinstitut providing regulatory infrastructure for European capital markets through three solutions: a regulatory umbrella (Haftungsdach) for tied agents and issuers, EEA-wide private-markets distribution for fund managers and placement agents, and capital-markets access for neobanks and fintechs embedding equities, ETFs, and crypto-assets. The offering runs on Concedus Core, an API-first proprietary compliance engine covering MiFID II and MiCAR licensing, KYC/AML, suitability, regulatory reporting, and execution connectivity.
Product overview
Concedus provides regulatory infrastructure for European capital markets through three integrated service verticals — Regulatory Umbrella, Private Markets, and Capital Markets Access — all built on the Concedus Core platform. Concedus Core is the proprietary regulatory engine: a modular multi-API architecture handling client onboarding, KYC/AML, suitability assessments, compliance checks, and regulatory reporting under MiFID II and MiCAR. The Regulatory Umbrella vertical enables tied agents and issuers to operate under Concedus's BaFin license (§ 3 WpIG) for primary-market investment brokerage and advisory. The Private Markets vertical enables EEA-wide distribution of alternative investments (private debt, private equity, venture capital, pre-IPO) via NPPR and MiFID II passport. Capital Markets Access provides embedded investing infrastructure for neobanks and fintechs, combining the Concedus license with execution and custody partners for equities, ETFs, and crypto-assets. The company holds dual MiFID II (since 2020) and MiCAR Title III (since January 2026) licenses under BaFin supervision.
Differentiator
Problem solved
Functional benefit
Products and services
- Concedus Core Proprietary, in-house-built modular multi-API regulatory engine powering all CONCEDUS solutions. Handles client onboarding, KYC/KYB, AML/PEP/sanctions screening, suitability and appropriateness assessments, target-market alignment, cost disclosure, regulatory reporting, and record-keeping under MiFID II, MiCAR, DORA, and BAIT. Exposes two API stacks: Capital Markets API and Alternatives API, sharing the same client record, compliance engine, and audit trail. Current stable version v2.5.
- Regulatory Umbrella Full regulatory infrastructure for tied agents and one-time issuers operating under the CONCEDUS BaFin license. Provides investment brokerage and advisory services via a Haftungsdach construction covering investment platforms, crowdinvesting platforms, renewable energy platforms, startup equity platforms, business-angel pooling, and single-product issuers. CONCEDUS handles the full client lifecycle, KYC, classification, suitability, complaints handling, and record retention; clients retain product design and commercial pricing.
- Private Markets EEA-wide distribution infrastructure for alternative investment products including private debt, private equity, venture capital, pre-IPO, real assets, hedge funds, and Luxembourg securitization vehicles. Operated via NPPR framework, pre-marketing under § 306b KAGB, and MiFID II passport. One onboarding provides professional and institutional investor access across the EEA without requiring fund managers or placement agents to hold their own MiFID license.
- Capital Markets Access Regulatory backbone for neobanks, payment platforms, and embedded finance players offering equities, ETFs, or MiCAR-scope crypto-assets to end users. Combines CONCEDUS MiFID II and MiCAR licenses with integrated execution and custody partners (Upvest for securities, Tangany for crypto). Supports white-label and co-branded configurations via the Capital Markets API with DORA and BAIT-compliant infrastructure.
- Investment Brokerage Reception, transmission, and execution of client orders for traditional securities (equities, bonds, certificates, fund units, ETFs, tokenized securities, asset investments) across the EEA under § 2(2) Nr. 3 WpIG. Covers primary and secondary market brokerage.
- Investment Advisory Personal recommendations on securities and investment products for retail and professional clients with suitability assessments under § 64 WpHG. Legal basis: § 2(2) Nr. 4 WpIG.
- Crypto-Asset Order Reception & Transmission Order routing for crypto-asset instruments under the EU's harmonised Markets in Crypto-Assets regime (MiCAR Title III). Covers direct crypto-asset holdings (Bitcoin, Ether, etc.), utility tokens, and asset-referenced tokens. Activated January 2026.
- Crypto-Asset Advisory Advice on crypto-asset instruments delivered under the same institutional compliance standard as traditional advisory, activated January 2026 under MiCAR Title III.
Quantifiable outcome
- 100,000+ end investors served across the platform ecosystem
- +2 more outcomes
Companies that use CONCEDUS
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles4 records
CONCEDUS technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature4 records
CONCEDUS partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- NYALA Digital Asset AGcoreEnd-to-end tokenization platform for regulated securities under eWpG. Issuance via Smart Registry GmbH, NYALA's BaFin-supervised crypto securities registrar.
- Secupay AGcoreBaFin-licensed payment institution under ZAG. End-to-end payment processing for online merchants, marketplaces, and POS environments.
- Tangany GmbHcoreBaFin-licensed crypto custody and PSD2-licensed e-money token services. White-label digital asset infrastructure for banks, brokers, and fintechs across the EU.
- Cashlink Technologies GmbHcoreCrypto Securities Registry (eWpG) and tokenization infrastructure.
- Tokenforge GmbHcoreTokenization-as-a-service for regulated digital asset issuance.
- Portagon GmbHcorePrimary market issuance platform for digital securities.
- Upvest GmbHcoreInvestment infrastructure API for custody, trading, and settlement. Execution and custody partner integrated with Concedus Core for securities operations.
- Universal Investment GmbHcoreIndependent fund service platform for institutional investors. Fund administration partner.
Scale indicators6 records
Recent moves3 records
Expansion highlights6 records
CONCEDUS competitors and assessment
Company assessmentDirect peers
- Upvest GmbH: Berlin-based investment infrastructure API providing custody, trading, and settlement for securities and ETFs. Directly comparable to Concedus's Capital Markets API vertical and is already a production-integrated partner; both target European fintechs/neobanks needing regulated execution rails.
- Tangany GmbH: Munich-based BaFin-licensed crypto custody and PSD2 e-money token provider offering white-label digital-asset infrastructure for banks, brokers, and fintechs. Directly comparable to Concedus's MiCAR-scope offerings and is an integrated crypto-custody partner.
- NYALA Digital Asset AG: Frankfurt-based tokenization platform operating a BaFin-supervised crypto-securities registry (Smart Registry GmbH) for issuance of regulated securities under eWpG. Directly comparable as tokenization infrastructure counterpart on Concedus-regulated issuance.
- Cashlink Technologies GmbH: Frankfurt-based Crypto Securities Registry and tokenization infrastructure provider under eWpG. Directly comparable in primary-market digital-securities issuance; integrated partner within the Concedus ecosystem.
- Portagon GmbH: Cologne-based primary-market issuance platform for digital securities. Directly comparable in the tokenized-securities issuance vertical and an integrated partner for primary-market distributions under Concedus's regulatory umbrella.
- Tokenforge GmbH: German tokenization-as-a-service provider for regulated digital-asset issuance. Directly comparable in the eWpG issuance vertical and an integrated infrastructure partner to Concedus for tokenized-securities operations.
- FFB FIL Fondsbank GmbH: Kronberg-based Fidelity-owned German fund bank operating as a Haftungsdach for tied agents distributing investment funds and securities. Directly comparable as a long-established German regulatory umbrella and competing tied-agent franchise.
- NFS Netfonds Finanzdienstleistungs AG: Hamburg-based Haftungsdach and financial-services network (part of MLP Group) operating one of Germany's largest tied-agent structures for investment brokerage and advisory. Directly comparable traditional Haftungsdach franchise.
Emerging players
- Solaris SE: Berlin-based European Banking-as-a-Service platform providing regulated infrastructure (IBANs, cards, payments, lending, securities) to fintechs and embedded-finance players. Comparable as a regulated-infrastructure-as-a-service competitor overlapping in embedded-investing distribution to fintech clients.
Broad incumbents
- Tradegate Exchange: Berlin-based German retail-focused securities exchange operating as a regulated multilateral trading facility. Comparable as a broader regulated German trading-venue incumbent adjacent to Concedus's order-reception-and-transmission service scope.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CONCEDUS social profiles
Digital presenceCONCEDUS compliance and trust
Trust signalCompliance7 records
CONCEDUS financial estimates
Financial estimateRevenue estimate
Valuation estimate
CONCEDUS leadership team
Management profileNumber of profiles
Profiles3 records
CONCEDUS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CONCEDUS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CONCEDUS
What does CONCEDUS do?
CONCEDUS operates as a BaFin-licensed Wertpapierinstitut providing regulatory infrastructure for European capital markets through three solutions: a regulatory umbrella (Haftungsdach) for tied agents and issuers, EEA-wide private-markets distribution for fund managers and placement agents, and capital-markets access for neobanks and fintechs embedding equities, ETFs, and crypto-assets. The offering runs on Concedus Core, an API-first proprietary compliance engine covering MiFID II and MiCAR licensing, KYC/AML, suitability, regulatory reporting, and execution connectivity.
Is CONCEDUS a public or private company?
CONCEDUS is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CONCEDUS founded?
CONCEDUS was founded in 2018. It employs 1 to 10 people.
Where is CONCEDUS based?
CONCEDUS is headquartered in Nuremberg, Germany, in the Europe region.
How does CONCEDUS make money?
Two revenue lines are on record. Regulatory Retainer is the primary driver. The others are distribution Fees.
Who are CONCEDUS's main competitors?
Direct peers on record are Upvest GmbH, Tangany GmbH, NYALA Digital Asset AG, Cashlink Technologies GmbH, Portagon GmbH, Tokenforge GmbH, FFB FIL Fondsbank GmbH and NFS Netfonds Finanzdienstleistungs AG. Solaris SE is listed as an emerging player. Tradegate Exchange is listed as a broad incumbent.
Does CONCEDUS have an API?
Yes. Concedus Core exposes two dedicated API stacks: Capital Markets API (for embedded finance, neobanks, investment platforms) handles investment approval, transaction monitoring, real-time compliance checks, and end-user lifecycle; Alternatives API (for tied agents, issuers, placement agents, fund managers) handles product onboarding, investor classification, subscription processing, pre-marketing, and NPPR notifications. Both APIs share the same client record, compliance engine, and audit trail. API access is granted on request via a scoped access agreement; documentation is provisioned as segmented bundles by client segment. Sandbox environment available as part of the access package. Versioned semantic rules govern changes: major versions (breaking) require 90+ days deprecation notice; minor/patch versions are backward-compatible. The v2 line is the current stable release. Developer documentation is at concedus.com/platform.
What industry is CONCEDUS in?
CONCEDUS's product category is Regulatory Technology (RegTech). Its primary akta.pro industry code is FSADAJAJ, Institutional API Connectivity, OMS/EMS & FIX Gateways, with a secondary code of FSAFANAO, Digital Asset/Crypto Trade Execution Platforms. Its NAICS code is 5231 and its SIC code is 6200.