Zelig Associates advises additiv on CHF21 million investment led by BZ Bank
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Zelig Associates advises additiv on CHF21 million investment led by BZ Bank

The investment round, led by Switzerland-based BZ Bank (acting on behalf of clients) and Patinex (Martin Ebner's private investment vehicle) is the first external equity funding additiv has received since inception.

Founded in 1998, additiv offers a comprehensive range of software solutions to the financial services industry enabling digital transformation, customer-bank-interaction models, digital marketing, sales, advice, service and performance management solutions all implemented across the company‘s Digital Finance Suite (DFS), the company‘s built-for-purpose development and operating platform.

Recent successes include the launch of Natwest‘s new robo-advice offering for the UK savings and investments market using additiv’s DFS. RBS Group's private bank Coutts also uses additiv's next-generation front and middle-office solutions sitting on top of the Avaloq back-office system.
“This funding will finance our international expansion and help strengthen our management team. It will also fuel our production of cutting-edge SaaS/cloud-based products that ensure our clients are ahead of the curve. It really is crunch time for the sector, and this funding allows us to be at our best when our clients need us most.”
Michael Stemmle
Founder & CEO, additiv

Martin Ebner's BZ Bank has a long and successful history with world-leading financial services software companies, with Avaloq, a leading core banking software provider, having been created within BZ Bank before being spun-out as a separate company. Martin Ebner, through Patinex as well as via BZ Bank, is also a major shareholder in Temenos, one of the largest and most successful integrated software vendors to the financial services industry globally.

About Zelig Associates

Zelig Associates is a global FinTech investment banking boutique based in Europe and North America. We provide independent strategic and financial advice to entrepreneurs, private equity firms and venture-funded companies as well as international corporations. Our firm combines entrepreneurial spirit and transaction excellence with a passion for the FinTech sector.

To reach out to Zelig Associates, please contact one of our managing partners:
Gerd Weissenboeck
Managing Partner (UK)
+44 203 440 3606
Alexis Kalmanovitz
Managing Partner (USA)
+1 646 707 2272
Copyright © 2017 Zelig Associates, All rights reserved.

Zelig Associates is an appointed representative of Smythe House Limited who are authorised and regulated by the Financial Conduct Authority FCA No. 583142

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