Quirion announced securing capital funding of €13 million from outside investors.

Quirion, a Berlin, Germany-based company providing financial services advice and management, announced the completion of a €13 million ($15.7M) capital investment round.

The money was raised from a number of investors from Germany, including Die Berliner Effektengesellschaft, and put a value on the company of €73 million ($88M) post money.

Quirion, founded in 2013 as a spinoff from Quirin Privatbank by Karl Matthäus Schmidt and led by CEO Martin Daut, is a digital asset manager, claiming to manage over 26,000 customers and assets under management of around EUR 600 million.