Funding

QPLIX funding news – Munich-based QPLIX has Raised Over €25 Million in Funding

Nov 19, 2024 | By Kailee Rainse

QPLIX funding news - Munich-based QPLIX has Raised Over €25 Million in Funding

QPLIX, a leading Wealth Tech company specializing in portfolio management software for family offices, private banks, and asset managers, has raised over €25 million from Partech via its Growth Fund to expand globally.

SUMMARY

  • QPLIX, a leading Wealth Tech company specializing in portfolio management software for family offices, private banks, and asset managers, has raised over €25 million from Partech via its Growth Fund to expand globally.
  • QPLIX focuses on digitizing the management of complex financial portfolios.

Target markets include France, Switzerland, the UK, the Middle East, and the APAC region. Partech now joins Deutsche Bank as a minority shareholder in it.

Kai Linde, Co-CEO of QPLIX said: “Partech’s global network and extensive expertise make them the perfect partner for realising our vision of international market leadership in the Wealth Tech sector.”

Andrew Whiting, Partner at Partech, added: “QPLIX sets the gold standard for family offices, asset managers, and private banks, particularly through its expertise in illiquid assets, top-tier service, and security standards. We are excited to support QPLIX in accelerating their investments into new markets and further expanding the platform.”

Strategic Partnership

Since 2019, Deutsche Bank has been it’s first external shareholder. The bank uses the QPLIX platform to manage portfolios for external asset managers, improving transparency for ultra-high-net-worth (UHNW) clients.

This partnership has helped create new services for Deutsche Bank’s wealth management, including the Deutsche Oppenheimer Family Office AG.

Frank Schriever, Vice Chairman at Deutsche Bank Private Bank said: “The investment of Partech marks another significant milestone in the successful journey of QPLIX. The international expansion of QPLIX opens up new opportunities and services for our clients.”

It’s software is trusted by a wide range of clients, including family offices, asset managers, private banks, and institutional investors.

QPLIX offering

The platform offers complete integration of all asset types, advanced analysis tools, and customizable reports. It currently manages over €300 billion in assets, showing its reliability and top-tier infrastructure.

About QPLIX

QPLIX focuses on digitizing the management of complex financial portfolios. Its customers include family offices, foundations, investment funds, asset managers, institutional investors, and private banks like Deutsche Bank Wealth Management.

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