Nextmarkets’ USD 30 Million Series B Financing Round

CMS advised Nextmarkets on all legal aspects of the financing round.

Online broker Nextmarkets has received USD 30 million in a Series B round of financing. The additional capital is earmarked for accelerating the fintech’s European expansion and establishing Nextmarkets as a neobroker in Europe. The international investors include German firm DEWB.

Nextmarkets is Europe’s commission-free neobroker. The company has offices in Cologne, Lisbon and Malta, with a team of 39 at present. It is backed by leading venture capitalists such as Peter Thiel, Founders Fund, Christian Angermayer, Alan Howard, Axel Springer, Falk Strascheg, DEWB and listed firm FinLab AG.

CMS team included Dr Malte Bruhns (Picture), Lead Partner, Cologne, Matthias Engelen, Senior Associate, Cologne, both Corporate/M&A, Dr Richard Mayer-Uellner, Partner, Cologne, Stock Corporation Law, Philipp Melzer, Partner, Frankfurt/Main, Dr Thomas Sonnenberg, Partner, Cologne, Ronja Quooß, Associate, Frankfurt/Main, all Banking & Finance, Paolo Bonolis, Partner and Marta Gonzáles, Senior Associate.

Involved fees earner: Paolo Bonolis – CMS Adonnino Ascoli & Cavasola Scamoni; Marta Gonzáles – CMS Albiñana & Suárez de Lezo; Malte Bruhns – CMS Hasche Sigle; Matthias Engelen – CMS Hasche Sigle; Richard Mayer-Uellner – CMS Hasche Sigle; Philipp Melzer – CMS Hasche Sigle; Thomas Sonnenberg – CMS Hasche Sigle;

Law Firms: CMS Adonnino Ascoli & Cavasola Scamoni; CMS Albiñana & Suárez de Lezo; CMS Hasche Sigle;

Clients: Nextmarkets;

Author: Federica Tiefenthaler