Varengold Bank AG
VG8
ISIN DE0005479307 / Valor 2934661
Varengold Bank AG
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About company
Varengold Bank AG, a German financial institution, operates primarily within the niche of Marketplace Banking and Commercial Banking. In its Marketplace Banking segment, the bank specializes in partnering with online marketplaces that facilitate financing for businesses and consumers, often referred to as peer-to-peer platforms. Varengold Bank plays a crucial role in financing the growth of Fintech companies, offering them essential Fronting Services and Banking-as-a-Service solutions. This enables these platforms to scale rapidly by providing the necessary financial infrastructure. On the other hand, in its Commercial Banking division, Varengold caters to the needs of customers engaged in foreign trade. The bank offers foundational banking products and services, including account management and international payment processing. This dual focus allows Varengold Bank to serve a diverse range of clients, from innovative Fintech startups to traditional businesses seeking to expand their international trade operations.
Summarized from source with an LLMView SourceSector: FinanceKey figures
Performance
Volatility
31 M
Market cap (USD)
3
Daily traded volume (Shares)
2.86 / 2.66
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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