The 4,4′‐dimethoxydiphenylamine‐substituted 9,9′‐bifluorenylidene (KR216) hole transporting material has been synthesized using a straightforward two‐step procedure from commercially available and inexpensive starting reagents, mimicking the synthetically challenging 9,9′‐spirobifluorene moiety of the well‐studied spiro‐OMeTAD. A power conversion efficiency of 17.8 % has been reached employing a novel HTM in a perovskite solar cells.