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13 December 2017
FNZ completes strategic investment in Advicefront
FNZ takes minority stake in financial technology start up
FNZ, the technology & service platform provider to global banks, insurers and asset managers, has completed a strategic investment in fintech start up Advicefront Limited.
Advicefront Limited, which started in 2015, has developed a collaborative digital client onboarding, engagement and advice tool for use by financial advice firms that want to scale their offering, reduce costs and increase productivity.
We’re really excited about the potential for Advicefront’s technology to help ambitious financial services firms serve more clients, in a cost-effective way, while retaining the all-important human touch that customers want.
Adrian Durham, FNZ CEO, commented: “We’re really excited about the potential for Advicefront’s technology to help ambitious financial services firms serve more clients, in a cost-effective way, while retaining the all-important human touch that customers want.”
Advicefront’s Founder and CEO, Jose Supico said “Having a company of FNZ’s calibre as a strategic investor in our business gives us the resources and support to accelerate our growth, so we can help more advice firms to reach more customers in a sustainable and profitable way.”
Advicefront’s original investors include Faber Ventures in Portugal, financial well-being expert and former Bloomsbury CEO Jason Butler, Tilney Investment Director Charles MacKinnon and a number of other financial services professionals, all of whom remain shareholders.
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