Start-up cooperations for Commerzbank from

Our mission as the early-stage investor from Commerzbank is to discover business models on the market at an early stage that are strategically relevant and forward-looking for Commerzbank. We focus on young, innovative companies in the areas of fintech, sustainability and B2B software.

Neosfer’s portfolio now consists of around 30 active investments, and we have also achieved a number of exits in recent years.

As a corporate venture capital unit, or CVC for short, our aim is to generate strategic added value in addition to generating financial returns. Such value is often difficult to quantify or make tangible – the best way to understand our success in this area is through practical examples. On this page, we therefore present some cooperation cases with which we were able to generate added value for all parties involved – the Commerzbank Group and our respective portfolio start-ups. Have fun discovering them!

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Pliant

Pliant has been part of the neosfer portfolio since 2021. The start-up offers an innovative credit card platform for business customers that enables the digital management of corporate credit cards. With flexible card limits, real-time reporting and seamless integration into accounting and travel expense management tools, pliant is setting new standards. Following a successful cooperation pilot in 2022, PUK and pliant announced a long-term partnership in July 2024.

TransFICC

TransFICC offers banks and asset managers in the fixed income and derivatives sector a powerful e-trading software. The product “One API for eTrading” enables a scalable and secure connection to multiple e-trading platforms to cope with market fragmentation and increasing regulation. Despite some challenges in implementation, a successful cooperation with Commerzbank has been in place since 2018, which underlines the potential of strategic partnerships for digital transformation in the financial sector.

AUTHADA

The product solutions from the start-up AUTHADA, which has been part of the neosfer portfolio since 2018, include innovative offerings for legally compliant and efficient identification in real time. An interface on the smartphone is used to make ID data readable. The application has already been in use for several years both in Commerzbank branches and at comdirect – this optimization of customer identification has saved costs and improved conversions.

Gini

Gini, part of the neosfer portfolio since 2014, offers a software solution for extracting data in real time and digitizing documents. With the help of OCR and artificial intelligence, Gini converts unstructured data into structured data – millions of times a day. One of the best-known applications is the “photo transfer”, which eliminates the need to enter invoice data manually. While the solution has been live at comdirect since 2015, a cooperation agreement was also concluded with Commerzbank in 2022.

StockRepublic

StockRepublic, part of our portfolio since 2021, offers financial service providers a social trading app for private investors. This allows them to share their securities portfolios, publish analyses and compare themselves with others – and gain more guidance for their investment decisions. 2021 saw the launch of a cooperation with comdirect, in which the “hi!Stocks” solution was introduced exclusively for comdirect customers. The product was celebrated as a pioneer in German social trading and won the DISQ “Financial Product of the Year” award in 2023.

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