Allfunds completed the acquisition of Web Financial Group for €145m.

Allfunds, a WealthTech platform, completed the acquisition of Web Financial Group, a software solutions provider, for €145m ($158m). “At Allfunds, we are fully customer-centric and, with this in mind, we are always looking for growth opportunities that complement and broaden our offering. We wish not only to fulfill our clients’ needs, but to anticipate them; the synergies, technology and talented WebFG team will, no doubt, strengthen our value proposition and help us deliver the world-class service we, at Allfunds, strive to provide," Juan Alcaraz, Allfunds Founder and CEO.