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Avaloq provides wealth management technology and services, delivering digital banking solutions and core banking software to institutions. Its platform, available via cloud-based SaaS or on-premises, covers the entire value chain. Capabilities include digital channels, client and investment management, trading, payments, treasury, risk management, and regulatory compliance, integrating front and back office functions.
Francisco Fernandez founded Avaloq in 1985 as BZ Informatik Aktiengesellschaft, an IT subsidiary of BZ Bank. The core insight focused on developing innovative banking software precisely tailored for the intricate requirements of complex institutions. This specialized focus directly propelled the company's evolution into a leading fintech provider.
Avaloq serves private banks, wealth managers, investment managers, and retail and neobanks worldwide. Its vision is to be a premier banking software and services provider, empowering institutions with efficiency and scalability. As an NEC Corporation subsidiary, Avaloq utilizes R&D for innovation, supporting NEC's purpose of fostering a sustainable world through its fintech expertise.
Key people at Avaloq.
Avaloq was founded in 1985 by Francisco Fernandez (Founder and Board member).
Key people at Avaloq.
Avaloq was founded in 1985 by Francisco Fernandez (Founder and Board member).
Avaloq has 1 tracked investment across 1 company. The latest tracked deal is $17.0M Series A in Metaco in July 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 14, 2020 | Metaco | $17.0M Series A | Assaf Shamia | SICPA, Standard Chartered, Swisscom, Swiss Post, Verve Ventures, Zürcher Kantonalbank |