Company Portrait of Varengold Bank AG

The Varengold Bank is a German bank founded in 1995 in Hamburg that maintains a further location in Sofia. In Marketplace Banking, Varengold supports online marketplaces that deal with the financing of companies and consumers (peer-to-peer platforms). Varengold finances the rapid growth of Fintechs and provides them with products that require a banking licence (Fronting Services / Banking-as-a-Service). In the field of Commercial Banking / Transaction Banking, the bank provides foreign trade-oriented customers with basic products, such as account relationships and international payments. The bank also has a customer base for trade finance transactions (e.g. guarantees or credit orders).

Varengold Bank AG is registered with the German Federal Financial Supervisory Authority under no. 109 520 and is also connected to the Compensatory Fund of German Banks (EdB). The Varengold stock (symbol VG8) is listed on the open market of the Frankfurt Stock Exchange.

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Varengold Bank AG

Große Elbstraße 39
22767 Hamburg, Germany

Telefon: +44 74 18 34 93 05
www.varenonline.com 

Company information

Sector

Financial Services

Year / Place of foundation

1995 in Hamburg

Fiscal year end

December 31

Accounting methods

HGB [German Commercial Code]

Total equity

EUR 10,043,015.00

Number of shares

10,043,015 Shares

Going public (IPO)

March 20, 2007

Market segment

Open Market (Basic Board)

Management Board

Dr. Bernhard Fuhrmann, Frank Otten

Supervisory Board

Dr. Karl-Heinz Lemnitzer (Chairman),

Vasil Stefanov, Marcus Columbu

Shareholder Structure

85% | Institutional investors and business partner

15% | Freefloat
 

Trading information

ISIN

DE0005479307

Designated Sponsor

Oddo Seydler Bank AG

Paying Agent

Bankhaus Gebr. Martin AG

Specialist

Baader Bank AG

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