“Can a commission-free, API-first pension operating system finally penetrate Germany's underserved 3.3M SMB bAV market?”
DYNO is a German digital occupational pension (betriebliche Altersvorsorge / bAV) platform for SMBs. It operates as a commission-free insurance broker layered on top of regulated German life insurers, offering ETF-based pension contracts through an employer/employee software portal. In 2026, DYNO extended its go-to-market with a white-label 'Pension OS' API play targeting payroll providers, tax advisors, and brokers as distribution partners.
Dyno's investing and wealth products are powered by DYNO (in-house).
Dyno was founded by Luis Weber and Marc R. Karkossa and is founded in 2022, headquartered in Offenburg, Baden-Württemberg, Germany.
Dyno has raised $2.7M in total.
Get a read on where your own stack stands against Dyno and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.