QPLIX, a leading Wealth Tech company specialising in portfolio management software for family offices, private banks, and asset managers, has raised over €25 million in investment from Partech via its Growth Fund to fuel the company’s International expansion into markets such as France, Switzerland, the United Kingdom, the Middle East, and the APAC region. Partech now joins Deutsche Bank as a minority shareholder in QPLIX.
Founded in 2012, QPLIX has earned a reputation as the gold standard for integrating and managing complex portfolios, including liquid and illiquid assets. 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.”
A strategic partnership
Since 2019, Deutsche Bank has played a pivotal role as QPLIX’s first external shareholder. The bank uses the QPLIX platform as a portfolio management system for external asset managers, creating enhanced transparency for ultra-high-net-worth (UHNW) clients. This collaboration has been instrumental in developing new offerings for Deutsche Bank’s wealth management services, including 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.”
QPLIX’s software is trusted by a diverse clientele that includes single- and multi-family offices, asset managers, private banks, and institutional investors. The platform provides comprehensive integration of all asset classes, advanced analytical tools, and customisable reporting. It currently manages over €300 billion in assets across its client base, emphasising its reliability and industry-leading infrastructure.
