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FWP Advises Bawag P.S.K. on Investment in Finventum

FWP Advises Bawag P.S.K. on Investment in Finventum

Austria
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Fellner Wratzfeld & Partner has advised Bawag P.S.K on its acquisition of 49 percent of Finventum GmbH, the founder of Savity Vermogensverwaltung GmbH.

According to FWP, "with this transaction, Bawag subsidiary Easybank AG commences a partnership with the online wealth manager Savity Vermogensverwaltung, thus offering its clients access to professional online wealth management starting with a minimum initial asset amount of EUR 10,000."

The FWP team consisted of Partner Paul Luiki, Attorneys-at-law Veronika Seronova and Peter Stiegler, and Associate Helene Rohrauer. 

FWP did not reply to our inquiries about the deal.

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