Deutsche Vermögensberatung Becomes New Partner

We are happy to announce that we have partnered with Deutsche Vermögensberatung AG (DVAG), a leading financial consultancy in the DACH region. We believe, that together with our new partner, we will be able to provide better opportunities not only for FinTech and InsurTech startups but for companies operating in a broad range of industries.

More than 3,400 DVAG branches with over 14,000 full-time financial advisors support 6 million customers in all questions concerning financial planning, insurance and finances. With its so called “Allfinanzberatung”, Deutsche Vermögensberatung offers comprehensive financial advisory for large parts of the population.

Understanding customer needs and developing innovative solutions to match those needs is at the core of Deutsche Vermögensberatung’s value creation. This provides our portfolio companies with multiple touch points to work together with our new partner. Besides Deutsche Vermögensberatung’s deep expertise in the field of Finance and Insurance, the company’s salesforce is a real powerhouse. Therefore, and because of our accelerators investment focus on digital, customer centric business models, the Deutsche Vermögensberatung is an excellent match as a partner.

We expect a lot of synergy to arise between Deutsche Vermögensberatung and our portfolio companies. With Kompass Digital, a Berlin-based VC that belongs to Deutsche Vermögensberatung, the company is already investing in startups.

“Through this new partnership we offer the most promising startups within the fields of fintech and insurtech the unique opportunity to support them both on a strategic and financial level.” Christian Renner, Managing Director Kompass Digital

With Deutsche Vermögensberatung as a corporate partner and Deutsche Bank as a strategic partner we now have two leaders in the finance and insurance industry as partners. Startups who operate in these industries will benefit from the network and expertise of the two partners when participating in our accelerator program. Therefore, Axel Springer Plug and Play is moving one step closer to becoming the first port of call for early-stage FinTech and InsurTech startups in Europe.

„We are very happy about our newly formed partnership with Deutsche Vermögensberatung AG. Our diverse portfolio of companies offers many levels on which our new partner can work together with the companies. Especially, Deutsche Vermögensberatung’s strengths in sales and their expertise in the Finance and Insurance industry will enable us to provide our startups with additional shortcuts and to accelerate their growth even better.” Jörg Rheinboldt, Managing Director Axel Springer Plug and Play

Companies can still apply until July 23 for Program13. The 100-day program begins on September 4 in Berlin and will have its Demo Day on December 7.