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FNZ Publicizes Strategic Acquisition of New Entry


Worldwide wealth administration platform, FNZ has acquired New Entry, a Swiss non-public banking expertise agency. Based on FNZ, the acquisition will improve the corporate’s presence in Switzerland, Liechtenstein and Luxembourg.

FNZ, which manages over $1.5 trillion value of belongings on its platform, has greater than 20 million shoppers all over the world. The newest announcement from FNZ got here roughly 7 months after the corporate introduced the acquisition of Appway, a Swiss fintech agency.

In an official press launch, FNZ highlighted the rising alternatives within the $240 trillion world wealth market. The corporate is at the moment working in 21 counties all over the world. Moreover, FNZ has partnered with greater than 650 monetary establishments.

“FNZ’s success has at all times been based mostly on understanding the wants of our prospects and offering them the options they should develop their enterprise. We’re excited that FNZ and New Entry are coming collectively to supply non-public banks and wealth managers with an unequalled full-service, end-to-end wealth administration platform that can assist them ship important operational efficiencies and enhance the shopper expertise,” stated Adrian Durham, the CEO of FNZ Group.

The monetary particulars of the acquisition weren’t disclosed.

New Markets

FNZ famous that the acquisition will permit the corporate to discover progress alternatives in markets like Switzerland and Luxembourg. In Switzerland, the corporate has greater than 200 native staff.

Vincent Jeunet, the CEO of New Entry, commented: “We’re excited to be becoming a member of FNZ as we rework the trade and open up wealth collectively. Combining our options and experience with the worldwide energy, scale and dedication of FNZ to the worldwide non-public banking market is a superb alternative for New Entry and our shoppers. New Entry prospects will profit from FNZ’s important funding and monitor document within the non-public banking sector that can assist them to scale back operational complexity, and generate important efficiencies whereas liberating them as much as concentrate on their shopper expertise.”

Worldwide wealth administration platform, FNZ has acquired New Entry, a Swiss non-public banking expertise agency. Based on FNZ, the acquisition will improve the corporate’s presence in Switzerland, Liechtenstein and Luxembourg.

FNZ, which manages over $1.5 trillion value of belongings on its platform, has greater than 20 million shoppers all over the world. The newest announcement from FNZ got here roughly 7 months after the corporate introduced the acquisition of Appway, a Swiss fintech agency.

In an official press launch, FNZ highlighted the rising alternatives within the $240 trillion world wealth market. The corporate is at the moment working in 21 counties all over the world. Moreover, FNZ has partnered with greater than 650 monetary establishments.

“FNZ’s success has at all times been based mostly on understanding the wants of our prospects and offering them the options they should develop their enterprise. We’re excited that FNZ and New Entry are coming collectively to supply non-public banks and wealth managers with an unequalled full-service, end-to-end wealth administration platform that can assist them ship important operational efficiencies and enhance the shopper expertise,” stated Adrian Durham, the CEO of FNZ Group.

The monetary particulars of the acquisition weren’t disclosed.

New Markets

FNZ famous that the acquisition will permit the corporate to discover progress alternatives in markets like Switzerland and Luxembourg. In Switzerland, the corporate has greater than 200 native staff.

Vincent Jeunet, the CEO of New Entry, commented: “We’re excited to be becoming a member of FNZ as we rework the trade and open up wealth collectively. Combining our options and experience with the worldwide energy, scale and dedication of FNZ to the worldwide non-public banking market is a superb alternative for New Entry and our shoppers. New Entry prospects will profit from FNZ’s important funding and monitor document within the non-public banking sector that can assist them to scale back operational complexity, and generate important efficiencies whereas liberating them as much as concentrate on their shopper expertise.”

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