The founder-led Wealth Tech company QPLIX, a leader in wealth management software for family offices and private banks, has secured funding from tech investment firm Partech via its Growth Fund.
"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. With Partech and Deutsche Bank, we are very well-positioned to expand into new markets."
The investment of over €25 million will support the company's growth objectives and facilitate the implementation of its international expansion plans. As a result, Partech has become an investor alongside Deutsche Bank, with both holding collectively a minority stake.
Building on Partech's expertise in scaling international software companies, this partnership will support expansion into key markets such as France, Switzerland, the United Kingdom, as well as the Middle East and the APAC region.
Since 2019, Deutsche Bank has been a key partner to QPLIX as its first external shareholder. The bank utilises QPLIX as an innovative portfolio management system to external asset managers, which has been jointly devised by both partners. This collaboration has also led to a new offering for the bank's wealth management and UHNW (Ultra High Net Worth) clients, providing them with enhanced transparency in their financial matters across different banks. QPLIX-based solutions are also used in the bank's family office services, Deutsche Oppenheimer Family Office AG.
"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,"
says Frank Schriever, Vice Chairman Deutsche Bank Private Bank.
"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."
With a deep understanding of the needs of their clients, including single- and multi-family offices, asset managers, private banks, and institutional investors, QPLIX enables comprehensive asset management through the integration of all asset classes, powerful analytical tools, and highly customisable reporting. An integrated order engine supports the entire portfolio lifecycle.
QPLIX has built a strong reputation based on the quality of its product, its commitment to agile continuous development and its excellent consulting services.
QPLIX is a leading provider of a holistic software solution for digital wealth management. Founded in 2012 by Kai Linde, Philipp Pötzl and Mathias Lindermeir, the software company's SaaS platform is used by asset managers, family offices, foundations, funds and institutional investors worldwide. The WealthTech software is currently used to manage assets worth over 300 billion euros. QPLIX supports all liquid and illiquid asset classes and complex legal structures. The company thus enables financial experts to manage their portfolios holistically and efficiently. At its headquarters in Munich and selected international locations, an interdisciplinary team of over 140 software developers and financial experts ensures the continuous development of the platform and user satisfaction.
Partech is a global tech investment firm headquartered in Paris, with offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco. Partech brings together capital, operational experience, and strategic support to back entrepreneurs from seed to growth stage. Born in San Francisco 40 years ago, today Partech manages €2.5bn AuM and a current portfolio of 220 companies, spread across 40 countries and 4 continents.
Deutsche Bank offers a wide range of financial services, including payment processing, lending, investment advisory, and asset management, as well as specialised capital market services. The bank serves private clients, small and medium-sized enterprises, large corporations, public sector entities, and institutional investors. Deutsche Bank is Germany's leading bank with strong European roots and a global network.