The Hypoport Group is an internet-based financial service provider whose business model consists of two mutually supportive pillars:

• Dr. Klein & Co. AG, which distributes retail financial products via the internet
• and an online B2B financial marketplace for brokering financial products.

Internet-based distribution of financial products

Hypoport's wholly owned subsidiary Dr. Klein acts as an intermediary for selling banking and financial products to private clients. Products ranging from current accounts and insurance to mortgage finance are sold online or, if they prefer, clients can obtain advice by telephone or face to face. As an independent distributor, Dr. Klein selects the best products for its clients from a broad selection offered by more than 100 leading banks and insurance companies. The cost benefits generated by using the EUROPACE B2B financial marketplace are passed on directly to private clients, so Dr. Klein often offers better terms and lower prices than local banks and insurance agencies. Furthermore, Dr. Klein is a market leader in arranging finance for municipal and cooperative housing companies thanks to its Institutional Clients business unit, which was established in 1954.

EUROPACE B2B financial marketplace

The EUROPACE B2B financial marketplace operated by Hypoport is Germany's biggest online transactions platform for selling financial products. The fully integrated EUROPACE system puts several thousand financial advisors in touch with more than 40 product suppliers, such as banks, building societies and insurance companies enabling its users to close deals quickly and directly. As a result, the platform's highly automated processes generate significant cost advantages. Around 400 financial transactions are now settled via the platform every day.

EUROPACE also enables Hypoport's Institutional Clients business unit to assist European banks in the analysis, data management and reporting of transactions in their European portfolios.