Netfonds AG Surpasses EUR 4 Billion in Assets Under Management

Netfonds AG, a service provider known for its innovative platform solutions in the financial, fund, and insurance industries, has reached a significant milestone. By the end of 2024, the company reported over EUR 4 billion in assets under management, marking a first in its history. This achievement reflects an impressive year-on-year increase of 26.5% as part of its growth in the asset and fund management sector.

The firm's overall assets administrated saw a rise from EUR 23.8 billion to EUR 28.3 billion, translating to an 18.9% growth. Nearly EUR 3 billion of these assets are linked to wealth management for private clients. Looking ahead, Netfonds' subsidiary GSR GmbH is set to acquire another fund initiator in early 2025, projecting an EBITDA increase of over EUR 1 million.

The firm maintains an optimistic outlook, anticipating dynamic double-digit growth for the year 2025.