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Takeover of WOC: wallstreet: online AG becomes the clear majority owner of the smart broker operating company wallstreet: online capital AG

Friday, 04/23/2021 5:56 PM by PERSONAL-FINANCIAL.COM editorial team

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Matthias Hach

Subject to approval by BaFin, a stake of more than 95 percent is planned. wallstreet: online boss Matthias Hach will also take over the role of CEO at the subsidiary on May 1st.


Around 16 months after the successful start of the Smart brokers the wallstreet: online group increases its commitment in the area of ​​brokerage: The board of directors of wallstreet: online AG signed an agreement with Thomas Soltau, board member of wallstreet: online capital AG, on the acquisition of a stake in the amount of approx. 3% on wallstreet: online capital AG completed. Together with other acquisitions (see also Ad hoc announcement of March 25, 2020) the total stake of the company in wallstreet: online capital AG will exceed the threshold of 95% after successful completion of the current owner control procedure.

In the coming months the company will do its share of the Smart broker-Expand the operating company and thereby accelerate the interlinking of the two business areas. At the same time, financial synergies are to be raised and the organization simplified.

Long-standing board member Thomas Soltau becomes co-CEO

In the course of the new majority, the composition of the board of directors at wallstreet: online capital AG will also change. Matthias Hach, who took over as CEO of wallstreet: online AG on March 1, 2021, will also become CEO of wallstreet: online capital AG on May 1. The long-standing wallstreet: online capital AG board member Thomas Soltau will remain on board as Co-CEO and will support the growth path of the smart broker – but also of other financial products such as FondsDISCOUNT.de – in the future. The supervisory board prematurely extended Soltau’s management contract until the end of 2024. Hach’s contract runs until February 2025.

The wallstreet: online group is planning the Smart broker to develop into the leading online broker in Germany in the coming years. Since the product launch in December 2019, more than 130,000 customers have been acquired, and the number is expected to grow to at least 200,000 by the end of the current year. The deep roots in the financial community, according to their wishes, offer the best conditions for future growth Smart broker was developed. More than 500,000 users are registered in the forums of wallstreet-online.de alone, the four stock market portals recently achieved a combined reach of more than 455 million page views per month. This makes wallstreet: online AG extremely attractive for advertising partners.

“We are already working flat out to connect our products more closely, so it is only logical that the two companies are now moving closer together in terms of personnel and organization,” says the new dual CEO Matthias Hach. “I would like to thank the Supervisory Board for the trust they have placed in us. The team led by Thomas Soltau has done a great job over the past few years and I’m looking forward to shaping the future with him. Wallstreet: online capital AG has many years of experience in the field of capital investments and now looks after customer investments amounting to more than 5 billion euros. So we are already in the fast lane and are now shifting into the next gear, ”continues Hach.

About the wallstreet: online group:

The wallstreet: online group operates the portals wallstreet-online.de, boersenNews.de, FinanzNachrichten.de and ARIVA.de with over 200 employees in Berlin, Kiel, Leipzig, Munich and Zurich. The group is by far the largest independent financial portal operator in German-speaking countries and the number 1 financial community. The company has been active in the online brokerage business for 20 years through wallstreet: online capital AG and therefore has extensive expertise in the sale of Investment products with maximum discounts. The multiple award-winning online broker Smartbroker is operated by wallstreet: online capital AG, which is subject to the Federal Financial Supervisory Authority. FondsDISCOUNT.de, one of the largest bank-independent online discount investment brokers in Germany, is also one of the products of wallstreet: online capital AG. In addition, the company has been looking after more than 22,000 custody account customers of the Volkswagen Bank since the end of 2020.

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