Full-Stack Software Engineer, Ride Capital
Low-tax investing platform
Job no longer available
Low-tax investing platform
21-100 employees
Job no longer available
21-100 employees
Company mission
To lower the entry barrier to make the GmbH profitable, helping to achieve financial freedom for more people, earlier in life.
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Company mission
To lower the entry barrier to make the GmbH profitable, helping to achieve financial freedom for more people, earlier in life.
Our take
Money has poured into fintech as startups reimagine all corners of the financial services industry with technology. One such service is wealth management where startups like Ride Capital are democratizing access through digital wealth management.
RIDE is somewhat different from other attempts. While similarly offering a diverse range of products for what it calls ‘the next 9%’ (the minimum buy-in starts at €80,000), RIDE is prioritising tax-efficiency for its largely German customer base.
The startup is now focused on facilitating all kinds of services, including investments for its clients, just like a traditional private bank. That way, RIDE will truly bridge the gap for those wealthy enough to desire those services, but not wealthy enough to have access to them.
The challenge for the fintech is that unlike neobanks, the number of potential users for wealth management is in the thousands, not millions. However, according to Capgemini’s research current customers criticize the lack of digital maturity of the offers and craving advice for niche products such as cryptocurrencies. Those are great tailwinds for the disruptive platform.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- MacBook Pro 16"" and external 34"" inch monitors
- Modern office in Friedrichshain-Kreuzberg, with roof terrace, view of the river Spree and a fitness studio
- Freshly cooked lunch provided daily by our full time Chef
- Home office option
- Individual development and training opportunities
- Internal Academy - By employees for employees. We cover topics such as cryptocurrencies, real estate investing, stock and derivatives trading
- Open and friendly corporate culture
- Highly motivated colleagues & innovative work environment
- Team events
- Free fruit, cereals and drinks
Funding (last 2 of 3 rounds)
Jul 2022
$3.1m
ANGEL
Sep 2021
$1.5m
SEED
Total funding: $5.6m
Leadership
Felix Schulte
(Co-founder)Serial entrepreneur having previously founded startups like NewStore, a mobile retail platform and Alendra, a online store for sailing supply.
Christine Kiefer
(Co-founder)Previously founded two fintechs called PAIR finance and Billpay in Berlin. Worked in Equity Derivatives for Goldman Sachs for 5 years.