FNZ, a global wealth management platform, recently raised $1.4B in new equity funding from the Canada Pension Plan Board (CPP Investments) and Motive Partners. The injection of new capital is one of the largest primary capital raises ever in wealth management. FNZ currently works with over 650 financial institutions to support over 20M clients. The funding is intended to increase research and development alongside geographic expansion in North America.
FNZ Raises $1.4B in One of Largest Ever Funding Rounds in Wealth Management