15.06.15

BMH BRÄUTIGAM ADVISES FINLEAP ON THE FOUNDATION OF THE INTERNET INSURANCE BROKER CLARK.

BMH BRÄUTIGAM has advised FinLeap on creating the business model of the internet insurance broker Clark (www.clark.de). The company builder FinTech around Hitfox founder Jan Beckers thereby launches its second start-up after savedo, an online financial marketplace.

Clark aims to returning a part of its broker commission as cashbacks to their clients. However, the legal permissibility of cashbacks is unclear according to the current legal situation. The so called “prohibition to pass on provisions” forbids cashbacks to clients but its legal effectiveness is uncertain. Hence, until the removal of this prohibition Clark wants to donate the money for a good cause – the client may choose the recipient organization (background information: www.gruenderszene.de/allgemein/finleap-versicherungen-institut-fuer-transparenz). Background:

BMH BRÄUTIGAM advises FinLeap, the Fintech company builder of the Hitfox Group, for the first time (background information: www.morgenpost.de/berlin-aktuell/startups/article134891803/Berliner-Hitfox-Gruppe-steigt-ins-Bankgeschaeft-ein.html).

BMH BRÄUTIGAM is pleased to have gained one of the most interesting actors on the Berlin start-up market with FinLeap/Hitfox Group as new client.