Hypoport

What Hypoport does

Hypoport SE (Deutsche Börse: HYQ, Prime Standard, SDAX) is the publicly listed holding company of a network of more than 25 technology subsidiaries serving the credit, housing and insurance sectors. The group is registered in Lübeck with its operational headquarters in Berlin and operates primarily in Germany alongside a Netherlands foothold via Hypoport B.V. in Amsterdam. The network was assembled through a decades-long build-up (foundation date referenced as 1954) and formally reorganized in recent years around three reporting segments: Real Estate & Mortgage, Credit Platform, and Insurance Platform. Hypoport hub SE, spun off in November 2020, centralizes HR, IT, Finance, Legal and Marketing functions for the entire network, while CEO Ronald Slabke leads the listed parent alongside other board members including Stephan Gawarecki and Chairman of the Supervisory Board Dieter Pfeiffenberger.

The technology stack spans three B2B platform families. In FinTech, Europace AG operates a B2B marketplace connecting banks, savings banks and financial advisors for residential mortgage and building finance products; Genopace and Finmas extend this to multi-bank sales (notably Sparkassen and Bausparkassen); Qualitypool and Starpool add B2B loan and savings product distribution. The PropTech cluster comprises FIO SYSTEMS AG (real estate portals and property management), Value AG (property valuation), 1Blick (analytics), Baufinex (construction finance), Maklaro (brokerage/marketing) and Dr. Klein Wowi Digital (housing-industry workflows). The InsurTech cluster (Smart InsurTech AG, Qualitypool, Starpool, sia digital, corify) addresses insurance product distribution and policy administration. Consumer-facing distribution is handled through the Dr. Klein franchise network (over 180 partners across Germany offering mortgage, insurance and pension advisory) and Vergleich.de for product comparison.

Hypoport monetizes through three revenue streams. The largest is transaction and commission fees on mortgages, consumer loans and insurance products intermediated through its B2B platforms (Europace, Finmas, Genopace, Smart InsurTech). A second stream is SaaS/recurring subscription revenue from FIO, Smart InsurTech and Value AG contracts with housing companies, banks and insurers. A third stream comprises franchise licensing fees and advisory commissions from the Dr. Klein consumer franchise. For FY2025 the company has guided to approximately EUR 600 million in revenue and EUR 30-36 million in EBIT, with EBIT roughly doubling in the first nine months of 2025 versus the prior-year period and Q1 2026 gross profit up 8% year-over-year, indicating a profitable, scaling operating profile even after the heavy investment in the German mortgage platform layer.

Name

Hypoport

Legal name

Hypoport SE

Website

https://hypoport.de

Company type

Public

Founded year

1954

Operating status

Operating

Headcount range

101–250 employees

Short description

Hypoport SE (SDAX: HYQ) is the listed holding of a 25+ company FinTech/PropTech/InsurTech network providing B2B platforms (Europace, Finmas, FIO, Smart InsurTech) and the 180+ partner Dr. Klein franchise for credit, real estate, and insurance distribution in Germany and the Netherlands.

Ownership category

akta.pro rank

Product category

Financial Technology Platforms

NAICS

Mortgage and Nonmortgage Loan Brokers (52231), Real Estate Credit (522292), Nondepository Credit Intermediation (5222)

SIC

Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162), Personal Credit Institutions (6141)

akta.pro primary industry

SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning) (FSAGAJAM)

Keywords

• Mortgage technology platforms
• Insurance distribution technology
• Real estate software
• Credit origination platforms
• Property management technology

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform Transaction / Commission Fees: Hypoport's B2B platforms (Europace, Genopace, Finmas) earn transaction fees and commissions on mortgage loans, insurance products, and real estate services processed through the platforms. This is the core revenue driver across the network.
2. Franchise / Advisory Fees (Dr. Klein): The Dr. Klein franchise network generates revenue through licensing fees from franchise partners and advisory commissions on mortgage and insurance products sold to end consumers.
3. SaaS / Software Subscription (FIO, Smart InsurTech, Value AG): Several network companies (FIO for property management, Smart InsurTech for insurance, Value AG for property valuation) offer SaaS subscriptions to housing companies, banks and insurance companies.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Hypoport SE is a holding company that operates a network of over 25 technology subsidiaries delivering B2B platforms for mortgage and loan origination (Europace, Genopace, Finmas, Baufinex), insurance distribution (Smart InsurTech, Qualitypool, Starpool, corify, sia digital), and real estate/property management (FIO, Value AG, 1Blick, Dr. Klein Wowi Digital, Maklaro). The network also includes consumer-facing advisory (Dr. Klein Privatkunden, Dr. Klein Ratenkredit, Vergleich.de) and corporate financing (Fundingport, REM CAPITAL, epension). Revenue is generated through transaction fees on platforms, franchise/licensing fees, SaaS subscriptions, and advisory commissions.

Product overview

Hypoport SE is a network of technology companies operating in the FinTech, PropTech, and InsurTech sectors for the credit, real estate, and insurance industries. The company functions as a holding structure with over 25 subsidiary companies organized into four segments: FinTech (Europace, Genopace, Finmas, Qualitypool, Starpool, REM Capital, Fundingport, E&P Pensionsmanagement, epension), PropTech (FIO SYSTEMS AG, Value AG, 1Blick, Baufinex, Maklaro, Dr. Klein Wowi Digital), InsurTech (Smart InsurTech, corify, sia digital), and Consumer (Dr. Klein Privatkunden, Dr. Klein Ratenkredit, Vergleich.de). The Hypoport hub SE provides central corporate functions including HR, IT, Finance, and Marketing to all network companies. The network operates B2B platforms for financing, insurance distribution, and property management, as well as consumer-facing advisory and comparison services.

Differentiator

Problem solved

Functional benefit

Brands

• Europace: B2B marketplace for residential mortgage loans, building finance, and pension products
• Genopace
• Finmas
• Dr. Klein
• Qualitypool
• Starpool
• Smart Insurtech
• FIO
• Value AG
• Hypoport hub

Quantifiable outcome

• EBIT doubled in the first nine months of 2025 vs prior year period
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Iwoca: Iwoca is a UK/German SME lending fintech providing working capital and short-term business credit. While more focused on direct lending than brokerage, it overlaps with Hypoport's Fundingport and Baufinex in adjacent SME and real estate credit segments.
• Many Pets (Bought By Many): Many Pets is a UK insurtech focused on digital insurance distribution and policy administration. It provides an emerging-player analog to Hypoport's Smart InsurTech and Qualitypool insurance platforms.

Direct peers

• Check24: Check24 is a leading German price-comparison and lead-generation portal for insurance, financial products, and mortgages. It overlaps directly with Hypoport's Vergleich.de and Dr. Klein in consumer-facing financial product distribution.
• LendInvest: LendInvest is a UK-based digital mortgage and property finance platform, operating a B2B marketplace model analogous to Hypoport's Europace. It serves a comparable intermediary role between lenders, advisors, and borrowers.
• Interhyp AG: Interhyp is one of Germany's largest independent mortgage brokers, operating a multi-lender platform comparable to Hypoport's Europace. It directly competes for mortgage distribution volume and intermediary relationships with German banks.
• Verivox: Verivox is a major German comparison platform for insurance, banking, and energy products. It is a direct competitor to Hypoport's consumer comparison and lead-generation offerings, particularly Vergleich.de.
• Funding Circle: Funding Circle operates a global online lending platform connecting SMEs with institutional and retail investors. Its B2B fintech marketplace model for credit intermediation is comparable to Hypoport's Fundingport and broader lending platforms.
• JLM Deutsche Makler GmbH: JLM is a German insurance and mortgage broker network with a franchise model similar to Dr. Klein. It competes for independent advisor relationships and product distribution across insurance and credit products.

Broad incumbents

• Rightmove: Rightmove is the UK's largest property portal. As a PropTech incumbent, it provides a parallel to Hypoport's FIO property portals in serving real estate professionals, though focused on listings/marketing rather than finance workflow.
• Zillow Group: Zillow is a US real estate marketplace and PropTech incumbent, spanning listings, mortgages, and property technology. It offers a broader-market analog to Hypoport's combined PropTech and mortgage marketplace strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/Hypoport
• YouTubeyoutube.com/c/HypoportSE
• LinkedInlinkedin.com/company/hypoport-hub-se
• Instagraminstagram.com/inside.hypoport

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries26 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hypoport