LIQID, one of Germany’s digital wealth managers, is reportedly further expanding its tech platform and partners with Upvest, Europe’s provider of investment infrastructure, for its ELTIF offering. With Private Equity NXT, launched in 2024, LIQID has established one of Europe’s ELTIF funds for private investors – opening access to an asset class that was “reserved almost for institutional investors: digital, curated, cost-efficient.”
By connecting to Upvest’s investment infrastructure, the semi-liquid fund structure for private investors is “mapped end-to-end via digital interfaces for the first time.”
LIQID is thus driving forward the technological “expansion of its platform and laying the foundation for a customer-friendly investment experience.”
This latest partnership now aims to reinforce Upvest’s position as Europe’s investment infrastructure provider for FIs modernising investment offerings.
As noted in the update, LIQID brings family-office standards to digital wealth management, giving discerning retail investors access “to an investment universe – from cash and capital markets to private markets.”
The WealthTech, headquartered in Berlin with an office in Munich, lowers entry barriers and makes “equity, private-equity, and venture-capital funds investable. Assets under management exceed €3.5 billion.”
The approach is made-to-fit: “from €100,000, clients receive investment solutions and access to exclusive portfolios.”
Asset allocation is aligned with target return, risk profile, and liquidity needs; private markets “complement the core portfolio where they provide a clear diversification and return contribution.”
Appr. €1 billion has now reportedly been “invested in this area – side by side with global institutions.”
Key partners include HQ Trust, the “multi-family office of the Harald Quandt family, and LGT Bank AG, a private bank owned by the Princely Family of Liechtenstein.”
As covered, Upvest is a tech firm and securities institution that provides banks, brokers, and wealth managers with “modern API-based infrastructure for securities business.”
In addition to software, it currently also “provides trading, custody, and back-office services on behalf of its clients.”
This enables FIs to “modernise their securities operations comprehensively and cost-effectively, and to grow profitably.”
Upvest’s clients include fintechs such as Revolut, N26, bunq, Webull, and Raisin, as well as digital banks Openbank and DKB.
Established back in 2017, Upvest says it has 250 employees and “processes over 100 million trades per year.”
The company notes that it continues to be managed by founders Martin Kassing, Dr Til Rochow, and Tobias Auferoth, and is financed for “by investors including Earlybird and Bessemer Venture Partners.”