QPLIX, a WealthTech company specializing in wealth management software, has captivated the attention of the tech investment world by securing over €25 million from Partech’s Growth Fund. This development is aimed at supporting QPLIX’s ambitious global expansion plans. With this considerable funding, QPLIX hopes to make significant headway into key international markets, such as France, Switzerland, the UK, the Middle East, and the APAC region. Founded in 2012 and headquartered in Munich, Germany, QPLIX offers a digital platform with the capability to manage complex investment portfolios by consolidating both liquid and illiquid assets. Additionally, the platform provides real-time analytics and comprehensive reporting tools, making it an invaluable resource for wealth management professionals.
Strategic Partnership with Partech
Partech brings a wealth of expertise in scaling international software companies, making it a strategic partner for QPLIX’s growth journey. Notably, Partech has joined Deutsche Bank as an investor in QPLIX, with both institutions holding minority stakes in the company. Deutsche Bank, a critical partner since 2019, has integrated QPLIX’s portfolio management system to enhance transparency and efficiency for its wealth management clients, particularly ultra-high-net-worth individuals. The collaboration between QPLIX and Deutsche Bank also extends to Deutsche Oppenheimer Family Office AG, signifying a broad-reaching impact within the financial services sector.
Co-founder Kai Linde emphasized the importance of Partech’s global network and specialized know-how in helping QPLIX achieve market leadership in the WealthTech sector. The recent influx of investment is designed to accelerate QPLIX’s market penetration and improve the platform’s technical capabilities. This dual-pronged approach not only strengthens QPLIX’s presence in established markets but also enables it to venture confidently into new regions. According to Andrew Whiting, a partner at Partech, QPLIX is considered the gold standard for family offices, asset managers, and private banks because of its superior handling of illiquid assets and its unwavering commitment to high service and security standards.
Roadmap to Global Expansion
The €25 million investment from Partech is more than financial support; it’s a significant endorsement of QPLIX’s mission and vision. With this capital, QPLIX is now well-equipped to implement its global expansion strategy, strengthening its standing in the competitive WealthTech industry. The company aims to go beyond just entering new markets; it plans to enhance its platform to be more robust and user-friendly for its diverse international clientele.
QPLIX’s sophisticated digital platform offers unparalleled support for wealth management professionals managing complex investment portfolios. Its capability to consolidate various assets and provide real-time analytics greatly enhances operational efficiency and decision-making. As QPLIX expands globally, it consistently sets new standards for innovation, service, and security within WealthTech.
Support from Partech and Deutsche Bank positions QPLIX as a potential leader in global wealth management solutions. This expansion underscores the company’s resilience, innovation, and commitment to exceptional service and security. As QPLIX ventures into new markets, the wealth management industry looks forward to the innovative solutions and efficiencies it will introduce to the global financial landscape.
