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AURORA Tom Gillach is humbled by being selected grand marshal of Aurora s Independence Day parade July 3, and he feels others are more deserving. But the members of the community group Celebrate Aurora worked hard on convincing him. I had a lot of pressure, he good-naturedly told the Mesabi Tribune. Gillach will ride in the parade through the neighborhoods of Aurora, a hybrid version of the parade that customarily went down the main street. Gillach has long been a diehard supporter of the East Range city where he grew up and was a longtime teacher and coach in the Aurora-Hoyt Lakes, then Mesabi East schools. I taught science and social studies, health and phy ed was was the head coach of seven sports. ....
Berlin-headquartered Elinvar, a Fintech firm that aims to assist wealth managers and private banks with digitizing their business processes, has secured €25 million in capital. Elinvar’s platform outsources key processes such as client relationship management, digital onboarding, onsite advisory services, investment management, reporting, invoicing, online client access, and communication. The company also outsources third-party connections, like to custodian banks, market data, or Know-Your-Customer (KYC) service providers. This reportedly includes all applicable BaFin licenses to conduct operations in German markets. Established in 2016 in Berlin, Elinvar serves as a platform-as-a-service (PaaS), and the company is now offering digital infrastructure to banking institutions, discretionary investment management firms and several other third-party services. Elinvar has recently increased its workforce to over 100 professionals and also launched a second business o ....
Editorial | what does this mean? This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Goldman Sachs-backed WealthTech Elinvar secures €25 million funding round 21 January 2021 1 Berlin-based WeathTech outfit Elinvar has secured €25 million in a funding round led by ToscaFund Asset Management. Existing shareholders Ampega Asset Management, finleap and Goldman Sachs - which already holds a 13.9% stake in the company - also participated in the round. Spawned from the finleap fintech factory in Berlin in 2016, Elinvar operates a multi-tenanted, platform-as-a-service model that connects banks, discretionary portfolio managers, third party providers. The platform offers a suite of service packages for core processes like client relationship management, online onboarding, onsite advisory support, portfolio management, reporting, ....