FinLeap moves into the fintech platform-as-a-service space

FinLeap moves into the fintech platform-as-a-service space

Berlin-based fintech factory FinLeap is positioning as a provider of bundled solutions for startups and banks, melding stand-alone products across a common platform.

The company is rolling out two platform-based products to connect disparate applications in the consumer markets - FinReach - and in business process management - Infinitec.

Ramin Niroumand, founder and CEO of FinLeap, explains: "Together with the respective category leaders, we are bundling suitable, harmonised financial products and fintech offers to create innovative all-financial solutions. For new companies we have numerous opportunities that can be put together with a strong team. FinLeap's company building team, the existing technology solutions of the companies in our portfolio, and our two platforms enable us to achieve high process speed even for very complex companies."

Two of the first companies to benefit from the approach come from within the FinLeap stable, Beesy and Deutshce Fintech Solutions. Beesy, a digital financial management solution for sole proprietors and self-employed persons in Italy was launched earlier this month, while financial advisory tool Deutsche Fintech Solutions emerged from a joint venture with DVAG.

The repositioning of FinReach to the platform space brings with it a new CEO, Markus Dränert from Haufe-Lexware, working alongside MD and chief product officer (CPO) Taner Akcok. Infinitec Solutions will continue to be managed by Helmut Kranzmaier, supported by new CPO Vilash Poovala who has previously worked for PayU, Paypal and Visa.

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