Elinvar

Elinvar

The WealthTech Platform as a Service – Connecting the entire Ecosystem. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD150—225m (Dealroom.co estimates Jan 2021.)
Company register number HRB 167185 B (Charlottenburg (Berlin))
Berlin Germany (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues<1m-1.0m1.5m2.8m3.0m3.0m
% growth---48 %85 %8 %-
Profit(2.9m)(4.1m)(7.7m)(8.3m)(13.7m)--
% profit margin(405979 %)-(756 %)(552 %)(491 %)--

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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N/A

Seed

€20.0m

Series A

€25.0m

Series B
*

N/A

Late VC
Total FundingCAD67.5m

Recent News about Elinvar

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More about Elinvarinfo icon
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Elinvar is a fintech company that provides a Platform-as-a-Service (PaaS) solution tailored for wealth management firms and financial service providers. Operating in the WealthTech sector, Elinvar's platform allows these firms to digitize their services, streamline operations, and scale their business efficiently. The company serves a diverse range of clients including banks, asset managers, and independent financial advisors, helping them to offer personalized and scalable financial solutions to their end customers.

Elinvar's business model revolves around a subscription-based service, where clients pay for access to the platform and its various features. The platform integrates various financial technologies and services, enabling clients to manage portfolios, execute trades, and provide comprehensive financial advice all in one place. This not only enhances operational efficiency but also improves customer experience by offering tailored financial solutions.

The company operates primarily in the European market, leveraging its technological infrastructure to meet the specific regulatory and operational needs of the region. By focusing on digital transformation and individualization, Elinvar helps financial service providers stay competitive in a rapidly evolving market.

Keywords: WealthTech, PaaS, digitization, financial services, wealth management, scalability, operational efficiency, portfolio management, European market, fintech.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.