NEWS

Annerton advises FinTech-Volksbank VVRB on cooperation with real estate payment platform Getmomo

Berlin, 6 March 2023 – Having already supported Vereinigte Volksbank Raffeisenbank (VVRB) in its first fronting project with Germany’s leading tax advisor platform Zasta, the boutique law firm Annerton now also advised on its second fronting cooperation with the real estate payment platform Getmomo.

Shortly after implementing its first fronting cooperation with Germany’s leading tax advisor platform Zasta, VVRB is launching another fronting cooperation with real estate startup Getmomo. The up-and-coming Berlin-based FinTech, which just closed a seed funding of 3.5 million in June 2022, offers a vertical payment platform for institutional landlords. Through the banking partnership with VVRB, tenant guarantees can be offered as an alternative to security deposits on Getmomo’s platform in the future.

Under the renewed leadership of Annerton partner Dr Florian Lörsch, Annerton provided legal advice to VVRB as part of the cooperation. In addition to Dr Florian Lörsch, VVRB also received legal support from Annerton lawyers Kemal Ahmedi, Svetlana Ulrici and Jonas Philipp Burckgard.

About Annerton
Annerton is an independent law firm specialising in regulatory law in the financial industry. Since 2020, Annerton Rechtsanwaltsgesellschaft mbH in Germany and Annerton S.A. in Luxembourg have been advising established international institutions and corporations as well as innovative start-ups from the banking, financial services and digital economy sectors. Annerton has its offices in Berlin, Frankfurt am Main, Munich and Luxembourg with more than 26 lawyers, two tax advisors and other team members. Information: www.annerton.com.

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Annerton Rechtsanwaltsgesellschaft mbH
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