Performativ announces $14 million Series A led by Deutsche Börse Group
The wealth management software company is moving further into private banks and larger financial institutions.
Deutsche Börse Group is backing Performativ alongside Rabo Investments, Jacob Dahl, FinTech Collective and EIFO. The announced financing remains subject to standard closing conditions.
Performativ is extending its integrated wealth management platform to handle the data complexity, transaction volumes and compliance demands of larger institutions. Deutsche Börse describes the investment as part of its broader investment management solutions strategy, while Rabo Investments points to the company’s position in the Netherlands.
Use of funds
Expand into private banks and larger financial institutions
Support complex data structures, greater volumes and reporting/compliance needs
Accelerate European expansion