Deutsche WertpapierService Bank (dwpbank) has acquired Berlin-based fintech lemon.markets to expand its full-custody services by offering a Brokerage-as-a-Service (BaaS) solution. The dwpbank Group will operate under two brands, merging securities expertise with innovation. This partnership aims to provide flexible services to adapt to market changes and attract new customer segments in the securities business. The acquisition enhances dwpbank’s cloud-based tech stack, integrating lemon.markets’ digital brokerage and custody infrastructure with its existing securities platform and digital asset solution. Lemon.markets offers an API-based platform featuring fractional trading, real-time processing, and digital workflows for financial institutions. The collaboration aims to leverage strengths, ensure rapid innovation, and provide a competitive service range. The acquisition awaits approval from the German Federal Financial Supervisory Authority and is expected to complete by autumn 2025.
