Liechtenstein Private Bank Joins Liqid Online Asset Manager
The headquarters of the LGT Group is in Vaduz

The private bank is now investing in a fintech Liqid in Berlin.

(Photo: AP)

Frankfurt Liechtenstein private bank LGT has acquired a stake in Berlin-based online asset manager Liqid. Both companies announced this on Thursday.

As part of a new funding round totaling €88 million for further expansion, the Liechtenstein Corporation participated with an estimated stake of just under 30 per cent. The private bank is owned by the Princely House of Liechtenstein, with assets under management of approximately 240 billion euros, and is one of the largest family-owned private banking and asset management groups in the world.

“We are very pleased that LGT is now one of our group of investors,” says Christian Schneider Sickert, founder and CEO of Liqid. “With the money from the funding round, we want to accelerate growth in Southern and Central Europe in particular,” the company’s president told Handelsblatt.

Read now

Get access to this article and all other articles in

Web and in our app for 4 weeks for free.

Continue

Read now

Get access to this article and all other articles in

Web and in our app for 4 weeks for free.

Continue

READ  ▷ Family Butchers Germany GmbH (TFB) is recalling the products as a precaution

LEAVE A REPLY

Please enter your comment!
Please enter your name here