According to the German magazine Wirtschaftswoche, Berlin-based fintech getquin has secured €12 million in a new funding round led by State Street Investment Management and Portage.
The company, which offers a portfolio tracking app that lets users connect brokerage and bank accounts to view their investment assets in one place, said the new capital will be used to roll out additional features and strengthen its AI-based tools.
According to the company, those tools are designed to scan user portfolios, flag concentration risks such as heavy exposure to US tech stocks, and support investment decisions. Existing investors named in the round include Erik Podzuweit, Maximilian Tayenthal, and Sino AG.
The funding comes as retail investors increasingly look for ways to manage fragmented holdings across multiple platforms, while competition in the portfolio tracking market continues to grow.
The company, which offers a portfolio tracking app that lets users connect brokerage and bank accounts to view their investment assets in one place, said the new capital will be used to roll out additional features and strengthen its AI-based tools.
According to the company, those tools are designed to scan user portfolios, flag concentration risks such as heavy exposure to US tech stocks, and support investment decisions. Existing investors named in the round include Erik Podzuweit, Maximilian Tayenthal, and Sino AG.
The funding comes as retail investors increasingly look for ways to manage fragmented holdings across multiple platforms, while competition in the portfolio tracking market continues to grow.