Belvoir Capital AG has acquired a stake in the Munich-based Fintech Company WMD Capital GmbH.
WMD Capital is Germany’s fastest growing online portal that specialises in the selection of asset managers.
With this investment, Belvoir Capital AG wants digitalisation in the asset management industry by opening up new client segments that attach particular importance to modern and efficient asset management.
Steffen Bauke, founding partner and CEO, Belvoir Capital AG said: “With our investment in WMD Capital GmbH, we aim to be on the forefront of this step into the digital world. We see the portal as a tremendous opportunity to reach many new clients who have hitherto been poorly and insufficiently serviced or who have not yet dared to approach the subject of asset management.”