JFD Bank

What JFD Bank does

JFD Bank AG is a BaFin-regulated German Wertpapierinstitut (securities institution) headquartered in Hamburg, founded in 2006 as ACON Actienbank AG in Munich and rebranded after successive acquisitions by JFD Unternehmensgruppe (2017/2018) and REA Ventures (2019/2020). The firm operates exclusively in B2B relationships, serving four primary client segments: Small- and Mid-Cap companies, FinTech startups, international institutional investors and asset managers, and contractually bound financial intermediaries. It runs five core service lines — Institutional Equity Sales Trading, Haftungsdach (regulatory umbrella under § 3 Abs. 2 WpIG), Finanzportfolioverwaltung (discretionary portfolio management), Wertpapierdepotgeschäft (securities custody), and Consulting — with a staff of 11-50 distributed across a Hamburg headquarters and a Frankfurt sales-trading office.

The technology stack underlying the service offering is a modular, SaaS-delivered securities infrastructure comprising a multi-asset trading platform (stocks, ETFs, options) with global market connectivity, a Banking-API layer enabling FinTech partner integration for custody, cash management, and trade finance, and white-label cooperation capabilities that let partner firms offer custody and banking services under their own brand without holding their own regulatory license. The Wertpapierdepotgeschäft offering is explicitly flagged as still under construction on the website, indicating active product build-out.

Revenue is generated across three mechanisms: transaction fees on institutional equity trading execution and securities custody operations, recurring subscription revenue from Haftungsdach services and discretionary portfolio management (Finanzportfolioverwaltung), and professional-services fees for strategy, M&A, and CFO advisory delivered partly through the REA Ventures referral network. Pricing is quote-based and tailored per client, with no publicly disclosed fee schedules. The institution is governed by a Management Board (Lars Lankes, Nils Lensch-Franzen) and Supervisory Board chaired by Silvio Grass, and is privately held by REA Ventures with no public funding rounds or exchange listing.

Name

JFD Bank

Legal name

JFD Bank AG

Website

https://jfdbank.de

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

JFD Bank AG is a BaFin-regulated German securities institution offering B2B institutional equity trading, Haftungsdach regulatory umbrella services, discretionary portfolio management, SaaS custody with white-label solutions, and consulting for Small- and Mid-Cap companies, FinTech startups, and institutional investors.

Ownership category

akta.pro rank

Product category

Securities Services / Investment Banking

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)

akta.pro primary industry

BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)

akta.pro secondary industries

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

Keywords

• Institutional equity trading
• Securities custody services
• Regulatory umbrella partnership
• Portfolio management services
• Financial consulting advisory

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Institutional Equity Sales Trading: Advisory and execution services for trading activities on global capital markets, supporting international banks, asset managers, and institutional investors with order management, execution, and market analysis.
2. Haftungsdach (Umbrella/Sponsoring Services): Regulatory umbrella services for contractually bound intermediaries under § 3 Abs. 2 WpIG, providing compliance, risk management, and legal support for investment intermediaries.
3. Finanzportfolioverwaltung (Portfolio Management): Discretionary portfolio management services making investment decisions for portfolios of financial instruments aligned with client objectives.
4. Wertpapierdepotgeschäft (Securities Custody): SaaS-based securities custody, core banking system, and white-label cooperation services for financial institutions and fintechs.
5. Consulting: Strategy and M&A consulting for startups and growth companies, including corporate financing, fintech guidance, CFO support, and exit advisory.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

JFD Bank AG is a BaFin-regulated German securities institution offering five B2B service lines: (1) Institutional Equity Sales Trading providing advisory and execution on global capital markets; (2) Haftungsdach (regulatory umbrella partnership) including Banking-API and backoffice services for FinTechs and tied agents under § 3 Abs. 2 WpIG; (3) Finanzportfolioverwaltung (discretionary portfolio management); (4) Wertpapierdepotgeschäft (SaaS-based securities custody with white-label cooperation options); and (5) strategy and M&A Consulting for startups and growth companies.

Product overview

JFD Bank AG is a BaFin-regulated securities institution operating exclusively in B2B relationships. The company offers a modular suite of five core services: (1) Institutional Equity Sales Trading for advisory and execution at global equity markets; (2) Haftungsdach providing umbrella partnership with Banking-API and backoffice for FinTechs; (3) Finanzportfolioverwaltung for discretionary portfolio management; (4) Wertpapierdepotgeschäft offering SaaS trading platform, custody services, and white-label solutions; and (5) Consulting for strategy and M&A advisory. The products serve Small- and Mid-Cap business customers and FinTech startups.

Differentiator

Problem solved

Functional benefit

Products and services

• Institutional Equity Sales Trading Advisory and execution services for trading activities on global equity markets, supporting international banks, asset managers, and institutional investors with order management, VWAP orders, block trading, and technical and fundamental market analysis.
• Haftungsdach (Regulatory Umbrella Partnership) Regulatory umbrella partnership solution for contractually bound agents (tied intermediaries) under § 3 Abs. 2 WpIG, enabling investment mediation and placement activities. Includes Banking-API and backoffice services for FinTechs, plus compliance, risk management, and legal support for investment intermediaries.
• Finanzportfolioverwaltung (Portfolio Management) Discretionary portfolio management service where the firm makes investment decisions for portfolios of financial instruments on behalf of clients, aligning investment decisions with agreed client objectives.
• Wertpapierdepotgeschäft (Securities Custody) Modular securities custody offering including a SaaS trading platform, transaction banking, custody services, cash management, core banking system, and white-label cooperation options for financial institutions and FinTechs under BaFin authorization.
• Consulting Strategy and M&A advisory services for startups and growth companies, covering corporate financing, FinTech guidance, CFO support, and exit planning, drawing on partners from the REA Ventures network.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• solypse / Liqid: Berlin-based digital wealth manager operating portfolio management services via regulated partner banks — comparable as a German FinTech-adjacent player in the portfolio management / embedded finance space.
• Solaris SE: Berlin-based German Banking-as-a-Service platform offering embedded finance infrastructure to FinTechs via regulated partner-bank status — directly comparable in FinTech enablement and sponsor-bank value proposition.

Regional players

• Tradegate Exchange: Berlin-based German stock exchange focused on retail and institutional equity trading — an adjacent peer in the German equity execution ecosystem with overlapping institutional and SME client overlap.

Direct peers

• Donner & Reuschel: Hamburg-based private bank offering institutional trading, portfolio management, and securities services — a directly comparable regional German securities institution with a similar B2B and institutional focus.
• Baader Bank AG: Munich-based German bank offering institutional equities, trading, custody, and B2B capital markets services — a directly comparable German regulated securities institution serving institutional and SME clients with similar multi-pillar offerings.
• Hauck & Aufhäuser: Frankfurt-based German private bank providing securities services, custody, fund administration, and asset management. Comparable as a German mid-sized securities institution serving institutional and FinTech-adjacent clients with regulated infrastructure.
• Effecta GmbH (Haftungsdach): German Haftungsdach and white-label securities firm offering tied-agent regulatory umbrella and FinTech partnership services — directly comparable in the core sponsor-bank enablement vertical.
• Sutor Bank: Hamburg-based German Haftungsdach provider and white-label securities services firm — directly comparable as a regulated German securities institution offering umbrella structures, custody, and FinTech enablement.

Broad incumbents

• flatexDEGIRO: Frankfurt-headquartered major German/European online broker and banking group — a broad incumbent in German securities services with overlapping institutional equity execution, custody, and B2B capabilities, though at much larger scale.
• Helaba / Landesbank Hessen-Thüringen: Frankfurt-based German Landesbank offering institutional securities services, custody, and capital markets execution — broad incumbent competing for institutional equity and trading mandates in the same German market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/jfd-bank-ag/about

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 JFD Bank