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- Partech Invests Over €25 Million in QPLIX for International Expansion
Partech Invests Over €25 Million in QPLIX for International Expansion
Investment will support QPLIX’s growth and expansion into key global markets, including EMEA and APAC.
QPLIX, a leading provider of wealth management software for family offices and private banks, has secured an investment of over €25 million from Partech, a global tech investment firm. This significant funding, provided through Partech’s Growth Fund, will aid QPLIX in expanding its presence internationally and advancing its position as a key player in the wealth tech sector. With this new partnership, Partech joins Deutsche Bank as an investor in the company, both firms collectively holding a minority stake in the business.
Fueling International Growth
QPLIX plans to leverage the funding to enhance its growth strategy, focusing on expanding into several key international markets. These markets include France, Switzerland, the United Kingdom, the Middle East, and the Asia-Pacific (APAC) region. With its strong track record and expertise in scaling software companies globally, Partech’s involvement will provide invaluable support in navigating the challenges of international expansion.
Kai Linde, Co-Founder of QPLIX, expressed his enthusiasm about the new partnership. "Partech’s global network and extensive expertise make them the perfect partner for realizing 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," he said.
A Strategic Partnership with Deutsche Bank
Since 2019, Deutsche Bank has been an integral partner to QPLIX as its first external shareholder. The bank has been utilizing QPLIX’s wealth management software as a portfolio management system, developed in close collaboration with the company. This system, which has been particularly beneficial for external asset managers, offers enhanced transparency for Deutsche Bank’s wealth management clients, especially those with Ultra High Net Worth (UHNW) status. It also facilitates the bank’s family office services through Deutsche Oppenheimer Family Office AG.
Frank Schriever, Vice Chairman of Deutsche Bank Private Bank, commented on the impact of this continued collaboration, stating, "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."
Innovative Technology and Client-Centric Solutions
QPLIX has built its reputation on its comprehensive, high-quality portfolio management solutions. The platform caters to a diverse clientele, including single and multi-family offices, asset managers, private banks, and institutional investors. By integrating all asset classes into a single platform, QPLIX enables clients to efficiently manage both liquid and illiquid assets, providing robust analytical tools and customizable reporting capabilities.
One of the platform’s standout features is its deep understanding of client needs, which allows for tailored solutions across various investment structures. Additionally, the platform's integrated order engine supports the entire portfolio lifecycle, ensuring streamlined processes from investment to reporting. The company has continually evolved its product through agile development, maintaining a strong focus on both security and service excellence.
A Trusted Partner in Wealth Management
The QPLIX platform currently manages over €300 billion in assets, underscoring its significance as a trusted partner in the wealth management industry. The company is committed to providing secure, scalable solutions that cater to the complex needs of its clients. QPLIX operates its own IT infrastructure, ensuring the highest standards of security and reliability, which has further bolstered its reputation in the market.
The company’s headquarters are located in Munich, Germany, and its team comprises more than 120 financial and development professionals. Since its founding in 2012 by Kai Linde, Philipp Pötzl, and Mathias Lindermeir, QPLIX has consistently developed its capabilities, positioning itself at the forefront of wealth management technology.
About Partech
Partech is a renowned global tech investment firm that has supported entrepreneurs across multiple stages of their business journeys. Headquartered in Paris with offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco, Partech has a portfolio of 220 companies spread across 40 countries. The firm manages €2.5 billion in assets under management (AuM) and brings a wealth of operational experience, strategic insight, and capital to its investments.
This investment marks a pivotal moment for QPLIX, as it accelerates its international expansion and continues to lead the way in innovative wealth tech solutions. With Partech’s support and the ongoing partnership with Deutsche Bank, QPLIX is well-positioned to meet the growing demand for sophisticated wealth management tools, serving clients across a broad range of asset classes and geographical regions. The future looks bright for QPLIX as it continues to expand its footprint in the global wealth management industry.