yavalu, a new web-based personal investment service, has closed a funding round led by Next Generation Finance Invest (NGFI), Europe’s leading investment company with a focus on innovative business models in finance. Christoph Gerlinger, CEO at Frogster Interactive Pictures, and PW Capital have also joined in as private co-investors.
yavalu was founded in 2010 and is based in Munich. yavalu.com targets long term investors and creates a new model for financial services, aiming to give individuals a better way to manage their investments. Based on personal investment profiles and risk characteristics, yavalu is able to determine a portfolio of ETFs and offers individual investors sophisticated investment management services. The young company is focusing on the German market right now and plans to enter other markets in Europe soon.
With NGFI on their side, yavalu has gained another strategically important partner, alongside co-founder, Dr. Michael Birkel (former founder and CEO of 12snap and venture partner at Target Partners) and business angel (Michael Brehm, former CEO of studiVZ and founder of rebatenetworks.com).
“yavalu has developed a unique concept offering transparency, efficient structures and innovative solutions which will be a crucial impetus to the digital revolution in financial services”, said Marc P. Bernegger, an NGFI Partner. “In collaboration with our portfolio companies, such as ayondo or gekko, yavalu will be able to offer their customers a wide variety of highly efficient and innovative product solutions.”
Matthias Lamberti, founder and CEO of yavalu stated: “We are very happy to have NGFI at our side and thus the opportunity to offer our customers further services and synergies that they will benefit from in future. It confirms our customer-oriented concept of more transparency and selfdetermined investors.”
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