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WealthTech Weekly: December 30, 2022

Welcome to the news highlights of this week.

Let’s have a brief overview of 2022 and peek at what 2023 may bring to the industry.

The last release of 2022

A premier wealth management platform Addepar has dropped a couple of improvements to its platform amid the holidays. Now the users can better track performance, utilize individual table and chart filters in Analysis views, and get fresh Investor Sentiment Index data. The updates will help Addepar clients take advantage of data-driven investing and advice. 

Read more here

Top Wealthtech achievers of 2022

The biggest funding round of the year

This February, international wealth management platform FNZ netted $1.4 billion to fuel its expansion plans.

Read more here.

The most awarded Wealthtech company

DriveWealth, a pioneer of embedded investing, has received immense recognition this year. Among its backers this year are Deloitte, CB Insights, and Forbes. The company’s rapid growth and innovativeness may point to a new Wealthtech premier league player.

Read more here.

Next read:  See how Fintech changed in 2022.
→ Read the roundup

The most active companies 

Addepar, FNZ, and Docupace have been one of the most actively developing and expanding companies in the Wealthtech market this year.

While Docupace grew its team of executives, integrated with Envestnet, and launched a Productivity suite for RIAs, FNZ acquired DIAMOS and New Access and scooped the largest funding sum, as I mentioned before. Addepar opened a new office in the U.K. and partnered with UBS and HSBC U.S. Private Banking.

The outlook for 2023

Up for reading materials on Wealthtech that are not news? Check out more articles below.

Make 2023 the year of Wealthtech with your top-class solution.
→ Let’s do it  

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Fact: our expertise saves you at least 25% of the time compared to teams inexperienced in the business domain area. Contact Vasyl Soloshchuk or schedule a call with one of our tech experts to learn more. See you on the innovation side!

 

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