Our most significant achievement was obtaining a full banking license from BaFin for Flate-Degiro, allowing us to operate as a regulated credit institution. This rigorous process validated our business model, security protocols, and operational plans for pockit, establishing a foundation of trust. It enables Flate-Degiro to offer protected deposit accounts and a full suite of banking services under the strict oversight of German authorities.
We successfully developed and launched our proprietary flate-degiro pockit platform, integrating core banking services into a single user experience. This achievement involved building a scalable, secure technological infrastructure from the ground up for Flate-Degiro. The pockit platform's positive user adoption and reliable performance mark a key step in our mission to provide cohesive digital financial management.
We constructed our own core banking and security systems for Flate-Degiro instead of relying entirely on third-party providers. This gives us greater control over security, innovation, and the client experience in pockit, allowing for faster updates and customization. This investment in proprietary technology is a cornerstone of the Flate-Degiro long-term strategy and independence.
Choosing Frankfurt as our headquarters strategically positioned Flate-Degiro within Germany's financial ecosystem. It facilitates access to talent, regulatory bodies, and financial networks, strengthening our operational foundation for pockit. Our physical presence in the Omniturm symbolizes our blend of traditional financial stability and modern innovation at Flate-Degiro.
We have successfully attracted and retained a growing base of satisfied clients who value our digital approach with Flate-Degiro. This growth is a direct result of our focus on user experience, transparent services, and reliable performance in pockit. Positive client feedback and high retention rates demonstrate the market's need for and acceptance of the flate-degiro pockit banking model.
We have established a cycle of continuous improvement at Flate-Degiro, regularly rolling out security upgrades and new features for pockit based on technological advances and client input. This commitment ensures our Flate-Degiro platform remains state-of-the-art, resilient against new threats, and increasingly useful for our clients' evolving needs through pockit.