It claims a number of major German private banks, discretionary portfolio managers and Germany’s largest liability umbrella, Fondsdepot Bank, among its users. This is done “typically in partnership with multiple players”, according to Elinvar. A domestic private bank, Donner & Reuschel, for example, migrated its own book of business to the platform and partnered with independent discretionary portfolio managers on the platform, growing its business to serving one in six portfolio managers across Germany.

https://www.fintechfutures.com/2021/01/wealthtech-elinvar-raises-e25-million-funding/