The new funding will bolster FNZ’s long-term plans and targeted changes for client delivery.
Wealth-management technology provider FNZ has secured $650 million in new equity funding from its institutional shareholders to provide support for its long-term business plan and renewed support for “enhanced outcomes for clients worldwide,” officials say.
Among those providing investment support are La Caisse, Generation Investment Management, Canada Pension Plan Investment Board (CPP Investments), and Motive Partners. They will be joined by key FNZ clients, including Aberdeen Group PLC, Aviva PLC, FirstCape, Ninety One, and Nucleus Financial Platforms. The financial support “reflects the significant role” that FNZ’s technology plays in modernizing the wealth management industry, officials say.
This new capital influx will support FNZ’s credit ratings and “enables the company to deliver on its strategy to drive sustainable growth by investing in its technology, people, and products,” officials say.
In 2025, FNZ won new mandates and renewed existing partnerships with financial institutions across North America, Europe, Asia Pacific, and Africa. “The company has entered a strategic partnership with Microsoft and launched major products based on its proprietary A.I. to enhance the productivity of client financial advisors,” officials say.
“Over the past year, we have created the conditions for FNZ’s long-term success: putting client delivery at the core of our plans, instilling operational discipline, and driving profitable growth,” says Blythe Masters, CEO of FNZ, in a prepared statement.
“FNZ has US$2.1 trillion of assets on platform, up fivefold since 2020,” officials add.
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