What TEN31 Bank does

TEN31 Bank AG is a BaFin-licensed German specialist bank headquartered in Ottobrunn, founded in 2015 (originally as WEG Bank), serving the housing and real estate sector with a focused product suite: WEG construction and modernization loans, flexible HOA interest and current accounts, dedicated rental management (SEV/MV) accounts, and rental deposit custody accounts. Its core technology stack is built around regulated banking infrastructure rather than AI: it operates an XS2A (Access to Account) interface on the Berlin Group NextGen Specification v1.2, delivered through technical service provider Atruvia, alongside EBICS connectivity to property management software and SEPA / SEPA-instant payment processing. The bank is a member of the German Banks' Compensation Scheme (EdB) and publishes annual CRR II Pillar 3 disclosures.

The business model is relationship-led and vertical-specialist: revenue is generated from net interest income on WEG loans and HOA deposits, account maintenance fees, and transaction fees from payment processing, targeting German homeowners associations and professional property managers. Customer acquisition is consultative, delivered through industry events, professional partner networks (BVI, EBZ Akademie, EID, Bestgruppe, EIA, Minol, Schindler, Woehr), and referrals. Two wholly-owned subsidiaries extend the platform into adjacent real estate services: imovion GmbH (administrator succession / M&A) and TEN31 Dienstleistungen GmbH (full-service accounting for property managers and HOAs).

The bank reports serving 500+ property management companies, managing 400M+ in WEG deposits, and having originated 400+ WEG loans. A EUR 6 million capital increase was approved in November 2025 to strengthen the equity base for further growth, and a Dutch-language site (ten31.nl) signals early cross-border intent into the Netherlands.

Name

TEN31 Bank

Legal name

TEN31 Bank AG

Website

https://ten31.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

TEN31 Bank AG is a BaFin-licensed German specialist bank serving homeowners associations and property managers with WEG construction loans, HOA accounts, rental management accounts, and rental deposit custody, supported by EBICS and XS2A connectivity.

Ownership category

akta.pro rank

Product category

Specialty Real Estate Banking

NAICS

Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

akta.pro secondary industries

SME Lending Platforms & Embedded SME Credit (FSAKAGAJ), SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI)

Keywords

• Real estate banking
• Homeowners association financing
• Property management accounts
• Rental deposit management
• Specialty banking services

Headquarters

HQ city

Ottobrunn

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Banking Products for WEGs: TEN31 Bank generates revenue through interest income on WEG loans (construction financing) and deposits, account maintenance fees, and transaction fees for payment processing services tailored to homeowners associations and property management companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

TEN31 Bank AG is a German specialist bank that provides tailored banking products for the housing and real estate sector. Its core offerings include construction and modernization financing for homeowners associations (WEGs), flexible HOA accounts for reserve fund management, rental management accounts (SEV/MV) for property managers, and rental deposit accounts (Mietkautionskonto) for landlords and tenants. The bank combines personalized service with EBICS connectivity and XS2A interfaces for software integration.

Product overview

TEN31 Bank AG operates as a specialized bank for the European real estate and housing sector, offering a focused portfolio of banking products tailored to homeowners associations (WEG), property managers, and the housing industry. The product suite centers on three core offerings: WEG-Finanzierungen for construction and modernization financing, WEG-Konten for flexible account management including current accounts and interest-bearing deposit accounts, and Sondereigentums- und Mietverwaltung for rental property account management. Additional products include Mietkautionskonto for rental deposit management. The bank complements its core banking services with two subsidiaries: imovion GmbH for administrator succession services and TENDI31 Dienstleistungen GmbH for full-service accounting. The bank emphasizes personalized support, technological integration (including EBICS connectivity), and streamlined service delivery for the housing sector.

Differentiator

Problem solved

Functional benefit

Products and services

• WEG-Finanzierungen (HOA Construction Loans) Construction and modernization financing for homeowners associations (WEGs) in Germany, enabling renovation projects without burdening reserve funds through favorable loan terms with no securities or co-owner verification required.
• WEG-Konten (HOA Interest Accounts) Flexible bank accounts for homeowners associations providing current account functionality and interest-bearing deposit accounts for maintenance reserves, with EBICS connectivity to management software.
• Sondereigentums- und Mietverwaltung (SEV/MV Rental Management Accounts) Open escrow accounts for managing rental properties, allowing property managers to quickly open separate rental management accounts for each property they administer.
• Mietkautionskonto (Rental Deposit Account) Secure and legally compliant custody account management for rental security deposits, separately managed from manager assets and protected up to EUR 100,000 per co-owner under the German Deposit Protection Act.
• Verwalter-Nachfolge (Administrator Succession) via imovion GmbH Succession planning service through subsidiary imovion GmbH for property administrators looking to sell their real estate administration or take on property management portfolios.
• TEN31 Dienstleistungen GmbH (Accounting Services) Full-service accounting provider for property management companies and condominium associations, handling commercial activities including accounting, payment transactions, and billing.

Quantifiable outcome

• Over 400M+ GdWE deposits managed
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eleven partnerships are on record, tiered core and minor.

• BestgruppecoreStrategic or Co-development PartnerBestgruppe is a partner network referenced on TEN31 Bank's website, indicating a collaborative relationship in the real estate and housing sector ecosystem.
• BVI (Bundesverband der Immobilienverwalter)coreStrategic or Co-development PartnerBVI is the German Federal Association of Property Managers. TEN31 Bank partners with BVI to reach professional property managers and participate in industry events and initiatives.
• EBZ AkademieminorStrategic or Co-development PartnerEBZ Akademie (Akademie des Europäischen Bildungszentrums) is a training and education institution for the real estate sector. TEN31 Bank is listed as a partner, indicating collaboration in professional education for property managers.
• Europäische Immobilien Akademie (EIA)minorStrategic or Co-development PartnerEuropean Real Estate Academy provides training and education for real estate professionals. Listed as a partner on TEN31 Bank's website.
• Evangelischer Immobilienverband Deutschland (EID)minorStrategic or Co-development PartnerEID is a Protestant Real Estate Association in Germany. Listed as a partner on TEN31 Bank's website, indicating collaboration within the property management ecosystem.
• imovion GmbHcoreStrategic or Co-development Partnerimovion GmbH is a subsidiary of TEN31 Bank focused on administrator succession (Verwalternachfolge) — helping property managers sell their businesses or take over management of properties. This is a subsidiary-relationship with TEN31 Bank.
• MinolminorStrategic or Co-development PartnerMinol is a provider of property management services and solutions. Listed as a partner on TEN31 Bank's website.
• SchindlerminorStrategic or Co-development PartnerSchindler is a global provider of elevators, escalators, and related services. Listed as a partner on TEN31 Bank's website, indicating collaboration within the real estate and housing sector ecosystem.
• WoehrminorStrategic or Co-development PartnerWoehr is a company providing solutions for the real estate sector. Listed as a partner on TEN31 Bank's website.
• TEN31 Dienstleistungen GmbHcoreStrategic or Co-development PartnerTEN31 Dienstleistungen GmbH is a subsidiary of TEN31 Bank providing full-service accounting for property management companies and condominiums, handling commercial activities such as accounting, payment transactions, and billing. This is a subsidiary relationship.
• AtruviacoreTechnology or IntegrationAtruvia is the technical service provider for the XS2A interface implementation, enabling third-party payment service provider access based on Berlin Group NextGen Specification Version 1.2.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Münchener Hypothekenbank: Münchener Hyp is a German cooperative mortgage specialist bank. Comparable as a regulated German specialist bank serving the real estate finance market, with overlap in residential and HOA-adjacent lending.
• DKB (Deutsche Kreditbank): DKB is a large German direct/online bank offering mortgage and housing-related products alongside broader retail banking. Comparable as a German bank serving property and housing-related retail customers with deposit and lending products.
• Berlin Hyp: Berlin Hyp is a German specialist bank focused on commercial real estate financing. Comparable as another German real-estate-focused specialist bank with regulatory license, though operating at much larger scale and in commercial rather than HOA lending.
• Dr. Klein Privatkunden: Dr. Klein is a German mortgage and real estate financing specialist serving consumers and the housing industry. Comparable to TEN31 in its real estate finance focus and German market presence.
• Sparkassen-Finanzgruppe: The Sparkassen are Germany's decentralized savings banks group with universal retail banking including real estate and HOA services. Comparable as a major incumbent group of German banks providing banking services to HOAs and property managers as part of a broader portfolio.
• HypoVereinsbank (UniCredit Bank): HypoVereinsbank is a major German universal bank with a strong real estate and housing finance division. Comparable as an established German bank serving the housing sector and offering property-related lending and deposit products to HOAs and property managers.
• Volksbank / DZ Bank Group: DZ Bank and the cooperative Volksbanken Raiffeisenbanken constitute the German cooperative banking sector with deep real estate and housing exposure. Comparable as a German banking group serving property managers, HOAs, and the housing sector, though much larger and broader than TEN31.
• Interhyp: Interhyp is Germany's largest mortgage broker/bank working closely with property buyers and the housing sector. While larger and broader than TEN31, both companies sit inside the German real estate finance ecosystem and compete for the same property-related customer mindshare.

Emerging players

• GLS Bank: GLS Bank is a German sustainable/values-based bank operating as a relatively small specialist institution within the German market. Comparable to TEN31 as another small-footprint German specialist bank targeting a defined niche customer base.
• Baader Bank: Baader Bank is a German specialist bank focused on capital markets and securities services. Comparable as another small German specialist bank operating in a defined niche, though in a different sub-vertical of banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ten31-bank

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about TEN31 Bank