• FinLab AG sees a very successful year 2016
  • IFRS annual result and net profit for year per HGB exceed expectations
  • Quantitative and qualitative foundations strengthened for further share price increase
  • Affirmation of current investment strategy

Frankfurt am Main, 27 April 2017 - A very successful fiscal year has allowed Frankfurt-based FinLab AG to strengthen its position as one of the most successful Fintech specialists in Europe. In 2016, annual results (IFRS) amounted to EUR 14 million - more than double the previous year (EUR 6.5 million). At EUR 2.3 million, net profits for 2016 per the German Commercial Code (HGB) also clearly exceeded expectations (previous year: EUR 5.2 million). "And significant events in the first months of

this year suggest that we can expect a very good 2017 as well", predicted board member Juan Rodriguez. In complementing the ambitious vision of the 15-member team at the company's 3rd floor offices in Frankfurt, fellow board member Kai Panitzki added: "We are going to make FinLab number one in the financial industry when it comes to the efficient development and successful marketing of

innovative products and services for banks as well as institutional and private investors."

Without exception, FinLab's entire portfolio with a total of six investments showed positive, dynamic development during fiscal 2016. Above-average contributions to the outstanding result were attributable to the write-ups on shares in Deposit Solutions and nextmarkets GmbH. This marked a continuous improvement in the company's quantitative substance. Concurrently, FinLab was also able to strengthen and consolidate the qualitative basis for its market strategy, including through substantial expansion of its network of prominent partners and co-investors.

This includes, for example, the participation last July by Silicon Valley icon Peter Thiel in Finlab's stake in nextmarkets, probably the world's most innovative e-learning platform for trading stocks. Thiel, co-founder of PayPal and the first institutional investor in Facebook, joined with FinLab and EXTOREL, the family office of the Strascheg family, in a significant seven-figure investment. As a result of this financing round, the valuation of the Cologne-based Fintech start-up significantly exceeds that of FinLab's initial investment in 2015.

A few days earlier, Thiel and FinLab acquired additional shares in the likewise extremely successful Deposit Solutions GmbH. Meanwhile, US investor Greycroft Partners, the global growth fund e.ventures and Valar Ventures came on board as new partners. This 15 million euro investment round catapulted the Hamburg-based Fintech pioneer to a valuation of over EUR 100 million - four times the value at the time of FinLab's initial investment in September 2015. The technology provided by Deposit Solutions, unique in Europe, allows banks to market their own financial products, such as savings and time deposits, indirectly to customers with other banks. In return, the 35,000 current

customers profit from higher interest income. Only 18 months after its founding, this multi-award- winning financial technology company, with its 70 employees, succeeded in cracking the EUR 1 billion mark in deposits with banks in other European countries. That's a record! FinLab Board Member Stefan Schütze said, "Their strategic approach and technological edge gives Deposit Solutions the potential to completely transform the huge market for retail deposits in Europe - estimated at more than EUR 9 trillion."

Through the participation of the Versorgungswerk der Zahnärztekammer Berlin (VZB), kapilendo AG gains not only another strong investor, more importantly it also gains a commercially enterprising partner. In December of the previous fiscal year, this Berlin-based full-service provider in the field of crowdfunding received a total of 7 million euros in new growth capital - primarily from the VZB, but also from Comvest Holding GmbH and FinLab. A few days ago, kapilendo announced that it is forming a joint venture with the Engel&Völkers Capital for the purpose of crowdfunding real estate, which will lead to further growth in our investment.

Following an explosive 2016, FinLab is already making positive headlines in the first months of the current fiscal year. At the beginning of February, its wholly-owned subsidiary, Patriarch Multi-Manager GmbH, will launch a new, innovative robo-advisor tool under the "truevest" brand (www.truevest.de). This is an ideal combination of state-of-the-art online technology and human know-how that takes into account the trend towards future-oriented hybrid advisor models. Using this powerful online asset management tool, investors can manage their capital not only more efficiently, cost-effectively and in real-time, they also benefit from the vast experience and long-standing track record of Patriarch's experts. The average return over the past 5 years has been between 5.7 and 6.95 percent - after deducting costs of course.

In light of FinLab AG's outstanding substantive development, as well as its objectives and visions, the company made the switch to the German Stock Exchange's new quality segment, "Scale", which displaced the previous Entry Standard. "We welcome the restructuring of the open-market segment and the establishment of the new SME segment", said FinLab's CEO Stefan Schütze. "The increased transparency and quality requirements will further invigorate the interest and trust of investors and analysts -- which will benefit both us and our shareholders."

The complete annual financial report will be available for review starting 27 April 2017 at www.FinLab.de

About FinLab:

Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A) is one of the first and one of the largest company builders and investors focused on the Financial Services Technologies ("fintech") sector in Europe. FinLab focuses on developing German fintech startups and providing venture capital for their financial needs, whereas in each case the aim is a long-term participation and ongoing support of the investment. FinLab also invests globally, as part of venture rounds, in fintech companies, primarily in the USA and Asia.

Media contact:

FinLab AG

Grüneburgweg 18 / 60322 Frankfurt am Main Email: investor-relations@finlab.de

Tel.: +49 (0) 69 719 12 80 - 0

FinLab AG published this content on 27 April 2017 and is solely responsible for the information contained herein.
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