The Universal-Investment Group has completed its majority shareholder acquisition of online investment platform CAPinside GmbH.
The business-to-business (B2B) platform focuses on fund marketing and sales initiation by networking intermediaries with asset managers through artificial intelligence-generated algorithms.
At the time of the acquisition, CAPinside is also looking to diversify its offering to include Blockchain-based investments.
The acquisition is part of Universal-Investment’s strategy to support fund initiators across all asset classes. Under Universal-Investment control, the B2B platform will be developed into a single stop sales platform through new digital co-operation opportunities.
Michael Reinhard, CEO of Universal-Investment, added: “Asset managers and fund initiators are shifting unambiguously to distribution channels based on online platform offerings with irrefutable benefits: precise segmentation of target groups and needs, measurability, 24/7 accessibility and lower costs.”
“CAPinside is, therefore, a key building block in the context of our digitalisation and innovation offensive, and we are delighted to be jointly setting new standards for our customers.”
Philipp Schröder, founder and CEO of CAPinside, concluded: “CAPinside is an example of how, even in these times, intelligent digital business models can grow significantly in less than two years, thereby generating added value for clients, users and fintech investors.”
“Universal-Investment’s takeover allows us to make further investments to drive our expansive growth and benefit from the international fund service platform’s experience. What is important here is that CAPinside will continue to be an open platform for all asset managers.”
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