Fnz Raises Us$1.4Bn In New Capital From Cpp Investments And Motive Partners To Accelerate Transformation In The Global Wealth Industry
Fnz Raises Us$1.4Bn In New Capital From Cpp Investments And Motive Partners To Accelerate Transformation In The Global Wealth Industry
02/11/22, 3:16 AM
Location
torontoIndustry
mobile
financial services
software
FNZ, the global wealth management platform, today announces that it has secured US$1.4 billion in new equity funding from Canada Pension Plan Investment Board ("CPP Investments") and Motive Partners ("Motive"), in one of the largest ever primary equity raises in the wealth management sector. The fundraising values FNZ at over US$20 billion as it continues its record of innovation and geographical expansion.
Company Info
Location
toronto, ontario, canada
Additional Info
FNZ is the global platform provider in the wealth management sector, partnering with over 650 of the world's leading financial institutions and over 8,000 wealth management firms. With over 4,000 employees in 21 countries, FNZ's mission is to open-up wealth, empowering all people to create wealth through personal investment, aligned with things they care about the most, on their own terms.
FNZ combines technology, infrastructure and investment operations in a single state-of-the-art platform that frees its institutional customers to create hyper-personalized and innovative products and services, that are seamlessly aligned with the needs of their clients. To date, FNZ has enabled over 20 million people, from all wealth segments, to invest in an effective, simple and transparent way, making wealth management accessible to everyone.