QPLIX, Munich wealth tech, raises €25m from Partech

Munich-based wealth tech firm QPLIX, provider of wealth management software for family offices and private banks, has secured funding from tech investment firm Partech via its Growth Fund.

The investment of over €25 million will support QPLIX,’s growth objectives and facilitate the implementation of its international expansion plans.

Partech has become an investor alongside Deutsche Bank, with both holding collectively a minority stake.

The 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,” said QPLIX.

“The bank utilizes 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.”

Kai Linde, Co-Founder of QPLIX GmbH, 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.

“With Partech and Deutsche Bank, we are very well-positioned to expand into new markets.

Andrew Whiting, Partner at Partech, said: “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.”

Frank Schriever, Vice Chairman, 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.”