FNZ strikes €151m deal

Published: 16 July 2018

FNZ Group, the financial services technology firm, is buying German investment platform ebase from Comdirect Bank AG in a deal worth around €151m.

Edinburgh-based FNZ said the move, which is subject to regulatory approval, will accelerate its goal of being the leading provider of B2B wealth management platforms in Europe.

This is an important milestone for FNZ Group and underlines our commitment to being the leader in the provision of B2B digital wealth management solutions...

Adrian Durham, Chief Executive, FNZ

 

Founded in 2002, ebase has 265 employees, more than a million customers and partners including banks, insurance companies, asset managers and independent financial intermediaries.

Current managing directors Rudolf Geyer and Lars Müller-Lambrecht will continue to lead the company from its headquarters in Aschheim, near Munich...

Full story via Insider News

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