secures €6M and plans international expansion

Wikifolio-LogoThe social trading platform wikifolio recently closed a 6 million Euro funding round led by Speedinvest, a European early stage venture fund. The existing shareholders VHB Ventures, Lang & Schwarz, Michael Grabner Media, Michael Altrichter and Speedinvest, as well as a selection of private investors associated with Speedinvest participated in the round. reached break-even in the first quarter of 2014, and the current funding is earmarked for international expansion. will launch in selected countries in the coming months.

wikifolio, which started in Germany back in 2012, enables traders to turn their portfolios into fully-fledged financial products (“wikifolios”) which are then listed on a leading stock exchange (Börse Stuttgart). Through wikifolio, investors can easily invest in the trading strategies of the best traders and order wikifolios via an online brokerage account of their choice. Every trade (including execution price and fees) can be viewed in real-time on and a network of leading financial partner websites. Thousands of different trading strategies have already been built within the varied investment universe of more than 2.500 stocks and ETFs.

Andreas Kern, founder and CEO of, stated: “ is growing dramatically. We are going to deploy the new capital to accelerate the process and further expand our excellent team and push into new markets. Our target is to become the leading alternative for investors and traders worldwide”

Oliver Holle, CEO of Speedinvest, said: “ is one of the flagship startups within our portfolio. It has quickly reached break-even and has a unique selling proposition, thanks to its wikifolio-certificates that are traded at the Stuttgart Stock Exchange. Its growth is outstanding; traders and investors love this new, alternative opportunity to invest their money”.

This entry was posted in Funding, Germany-Startups and tagged . Bookmark the permalink.

Comments are closed.