• Each of FNZ’s major institutional shareholders have committed additional capital, totalling US$650m.

  • Major FNZ clients worldwide also participate in capital raise.

  • Investment reflects confidence in FNZ’s strategy, leadership team and long-term opportunities.

  • FNZ has US$2.1 trillion of assets on platform, up five-fold since 2020.

London, New York – 12 November: FNZ, the global wealth-management platform, has secured US$650 million in new equity funding from its institutional shareholders. This provides further financial strength to support its long-term business plan and its commitment to delivering enhanced outcomes for clients worldwide.

The investment comes from some of the world’s most sophisticated investors, including La Caisse, Generation Investment Management, Canada Pension Plan Investment Board (CPP Investments) and Motive Partners, and will be joined by some of FNZ’s most prominent clients worldwide, including Aberdeen Group PLC, Aviva PLC, FirstCape, Ninety One and Nucleus Financial Platforms. This reflects the continued support for FNZ’s long-term strategy, leadership team and the significant role its technology is playing in modernizing the wealth management industry.

This new capital supports 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, and delivering for its clients.

This year, FNZ has won new mandates and renewed existing partnerships with blue-chip 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 AI to enhance the productivity of client financial advisors.

Last month, FNZ also announced the conclusion of the Section 166 review and associated Voluntary Requirement (VREQ) in the UK. This followed the company’s strengthening of its governance, delivery, risk management and operational frameworks.

Blythe Masters, Chief Executive Officer of FNZ, said: “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. The opportunity ahead is huge and this capital allows us to grasp it with both hands.”