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WealthTech Weekly: September 16, 2022

Welcome to the news highlights of this week.

- Bolt drops its acquisition with Wyre

- FP Alpha goes for a vast integration with PreciseFP

- FNZ acquires DIAMOS AG

- Objectway has a new managing director

- InvestSuite raises millions in a Series A round

- Centricity scoops re-seed a bit less than InvestSuite

Let’s take a closer look.

Big names, new names

U.S. Wealthtech Bolt announced it called off a $1.5 billion acquisition with Wyre. The decision emerged amid the valuation drops in the Fintech and cryptocurrency markets.

Read more here.


FP Alpha, a provider of an AI-backed all-in-one financial planning software, revealed its truly heavyweight integration with PreciseFP. Now advisors can streamline their workflows by managing their client data on FP Alpha in seconds.

Read more here.


FNZ, a wealth management company based in the U.K., gave the green light to its acquisition of DIAMOS AG. This investment management solutions provider will help FNZ reinforce its position and further expand in Europe. 

Read more here.

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Italian Objectway, listed among the Top 100 global FinTech providers, has welcomed Hassan Suffyan as managing director for the UK and Ireland.

Read more here.


Belgian automated investment solutions company InvestSuite has netted €6 million in Series A and got two new strategic investors.

Read more here.


Centricity, an Indian Wealthtech startup, has received $4 million in funding to build a solution for advisors and would-be wealth management solopreneurs.

Read more here.

Bigger picture

While the global Wealthtech market is growing, Singapore’s sector is speeding up to turn into a premier Wealthtech powerhouse in Asia-Pacific (APAC), according to KPMG and Endowus.

Read more here.

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

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Svietoslava Myloradovych avatar
Svietoslava Myloradovych
Content fairy. Verbing around the brightest moments in Fintech for INSART.
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