Announced
Completed
Financials
Sources
Tags
Friendly
United Kingdom
services for wealth management industry
services for financial institutions
FinTech
Venture Capital
Acquisition
Private Equity
Private
Cross Border
Completed
Minority
Single Bidder
Synopsis
Canada Pension Plan Investment Board, a global investment management organization, and Motive Partners, a next-generation investment firm focused on technology enabled companies that power the financial services industry, led a $1.4bn funding round in FNZ, a financial services company that specialises in providing platform as a service investment platforms to major financial institutions. "Today's announcement represents a resounding endorsement of FNZ’s track record and future strategy. The company has successfully demonstrated exponential growth in the scale and depth of customer relationships and geographic expansion with platform revenues more than quadrupling in the past three years to over $1bn per annum, whilst also growing profitably and sustainably," Adrian Durham, FNZ Founder and CEO.
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