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    HYQ   DE0005493365

HYPOPORT SE

(HYQ)
  Report
Real-time Estimate Tradegate  -  03:30 2022-10-06 am EDT
90.78 EUR   +0.58%
09/28HYPOPORT AG : Receives a Buy rating from Berenberg
MD
09/27Dd : Hypoport SE : Notification and public disclosure of transactions by persons
EQ
09/23HYPOPORT AG : Warburg Research reaffirms its Buy rating
MD
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE : Hypoport SE: TeamBank and Hypoport to collaborate on personal loans

06/29/2021 | 01:27am EDT
DGAP-News: Hypoport SE / Key word(s): Joint Venture/Product Launch 
Hypoport SE: TeamBank and Hypoport to collaborate on personal loans 
2021-06-29 / 07:25 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Establishment of joint venture 
TeamBank and Hypoport to collaborate on personal loans 
 
- Establishment of a joint venture to increase efficiency of personal loans sales at cooperative banks 
- TeamBank, the cooperative financial network's personal loans expert, will provide the sales network and its product 
expertise 
- Hypoport will supply the platform technology 
- Pilot phase with first cooperative banks due to start at latest by the fourth quarter of 2021 
Berlin, 29 June 2021: Hypoport SE and TeamBank AG are to cooperate on personal loans for consumers through a joint 
venture in future. Each company will play to its particular strengths in the joint venture GENOFLEX. TeamBank has 
contractual relationships with 90 per cent of all cooperative banks in Germany, giving it a broad sales network. 
Hypoport will be contributing its experience in the platform business. The establishment of the joint venture, in which 
Hypoport will hold 30 per cent and TeamBank 70 per cent, is still subject to approval from the authorities. 
The joint venture will enable participating cooperative banks to offer alternative products to their customers if no 
suitable easyCredit product is available. These alternative products may be from other cooperative banks or from 
financial institutions outside the cooperative banking sector. The pilot phase is starting with the first cooperative 
banks at latest by the fourth quarter of 2021 and is likely to continue until mid-2022. 
Christian Polenz, Chief Customer Officer at TeamBank, says: "We are delighted that the joint venture with Hypoport will 
enable us to collaborate with our partner banks in the cooperative financial network even more effectively in future. 
Within the scope of our holistic approach to liquidity management, we are thus creating additional options for the 
cooperative banks' customers and providing them with an extremely attractive advisory experience at local level. At the 
same time, our partner banks can be sure of having valuable sales exposure. It is a real win-win situation." 
Jens Fehlhauer, general representative of Hypoport SE with responsibility for the cooperative banking sector, adds: "I 
am delighted that, through GENOFLEX, we have taken another step in fulfilling customer needs for the cooperative 
financial network. I would like to say a special thank you to the entire project team. Designing such a platform 
completely remotely and getting it ready for the pilot stage in such a short space of time represents a fantastic and 
unique achievement by everyone involved." 
About Hypoport SE 
Hypoport SE is headquartered in Lübeck (Germany) and is the parent company of the Hypoport Group. The Group is a 
network of technology companies for the credit, real-estate and insurance industries with a workforce of more than 
2,200 employees. It is grouped into four segments: Credit Platform, Private Clients, Real Estate Platform and Insurance 
Platform. 
The Credit Platform segment operates Europace, which is an online B2B financial marketplace and the largest German 
platform offering mortgages, building finance products and personal loans. A fully integrated system links more than 
750 partners - banks, insurers and financial product distributors. Several thousand loan brokerage advisors execute 
more than 35,000 transactions per month on Europace, generating a volume of more than EUR8 billion. Besides Europace, the 
FINMAS and GENOPACE sub-marketplaces and the B2B distribution companies Qualitypool and Starpool support the growth of 
the credit platform. REM CAPITAL AG provides specialist advice on the arrangement of complex public-sector development 
loans for companies and financing for SMEs in Germany. At fundingport GmbH a corporate finance marketplace is being 
established. 
The Private Clients segment, made up of the web-based, non-captive financial product distributor Dr. Klein Privatkunden 
and the consumer comparison portal Vergleich.de, brings together all business models aimed at directly advising 
consumers on mortgages, insurance or pension products. 
All real estate-related activities of the Hypoport Group, with the exception of mortgage finance, are grouped together 
in the Real Estate Platform segment (previously Institutional Clients) with the aim of digitalising the sale, 
valuation, financing and management of properties. 
The Insurance Platform segment operates SMART INSUR, a web-based B2B platform for advice, comparison of tariffs and the 
administration of insurance policies. The segment also incorporates the insurance unit of Qualitypool, a B2B 
distribution company as well as ePension, a digital platform for the administration of occupational pension schemes. 
The shares of Hypoport SE are listed in the Prime Standard segment of the Frankfurt Stock Exchange (Deutsche Börse) and 
have been included in the SDAX since 2015. 
Contact 
Jan H. Pahl 
Investor Relations Manager / IRO 
Phone: +49 (0)30 / 42086 - 1942 
Mobile: +49 (0)176 / 965 125 19 
Email: ir@hypoport.de 
Hypoport SE 
Heidestr. 8 
10557 Berlin 
www.hypoport.com 
Key data on Hypoport's shares 
ISIN DE 0005493365 
WKN 549336 
Stock exchanges symbol HYQ 
=---------------------------------------------------------------------------------------------------------------------- 
2021-06-29 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      Hypoport SE 
              Heidestraße 8 
              10557 Berlin 
              Germany 
Phone:        +4930420861942 
Fax:          +49/30 42086-1999 
E-mail:       ir@hypoport.de 
Internet:     www.hypoport.de 
ISIN:         DE0005493365 
WKN:          549336 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1212877 
 
End of News   DGAP News Service 
=------------ 

1212877 2021-06-29

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1212877&application_name=news 
 

(END) Dow Jones Newswires

June 29, 2021 01:26 ET (05:26 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE BÖRSE AG 0.52% 175 Delayed Quote.18.08%
DOW JONES INDUSTRIAL -0.14% 30273.87 Real-time Quote.-16.57%
HYPOPORT SE 1.39% 91.5 Delayed Quote.-82.34%
SDAX 1.10% 10925.22 Delayed Quote.-34.15%
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Analyst Recommendations on HYPOPORT SE
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Financials
Sales 2022 478 M 471 M 471 M
Net income 2022 29,1 M 28,7 M 28,7 M
Net Debt 2022 141 M 139 M 139 M
P/E ratio 2022 19,4x
Yield 2022 -
Capitalization 569 M 561 M 561 M
EV / Sales 2022 1,49x
EV / Sales 2023 1,42x
Nbr of Employees 2 479
Free-Float 56,4%
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Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 90,25 €
Average target price 222,60 €
Spread / Average Target 147%
EPS Revisions
Managers and Directors
Ronald Slabke Chief Executive Officer
Dieter Pfeiffenberger Chairman-Supervisory Board
Christian Würdemann Head-Group Operations
Roland Adams Vice Chairman-Supervisory Board
Martin Krebs Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
HYPOPORT SE-82.34%561
PLUS500 LTD.25.03%1 824