Wealth tech giant claps back after regulator halts merger
Contradictory statements highlight fragmented M&A deal
FNZ
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Merger of wealth tech giants blocked
UK regulator concerned about decreasing competition in the market
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Fintech merger under scrutiny
Acquisition was agreed in July 2019
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Wealthtech provider acquisition under investigation
Watchdog will decide if the deal will result in ‘lessening of competition’ in any markets across UK
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Global fintech firm snaps up Aussie-based software provider
Deal is expected to complete in November 2019
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UK software provider snapped up by global fintech firm
Brooks Macdonald, Charles Stanley, Quilter and AJ Bell among its clients
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Al Gore’s investment firm buys platform tech giant FNZ
FNZ valued at £1.65bn in first investment by partnership between Generation and a Canadian asset manager
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FNZ investors plan £2bn sale
The two private equity backers of the fintech firm FNZ, which powers the platforms for Standard Life, Aviva and Quilter, are considering selling their stakes in the company, according to media reports.
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FNZ to acquire €31bn German platform
White label investment platform technology provider FNZ has snapped up German platform Ebase.
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Faulty Aviva platform sends advisers false 10% drop warning
Aviva has been forced to issue another apology to advisers after they were wrongly sent a notification that the value of their clients’ portfolios had dropped by more than 10%.
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Aviva sorry for platform troubles as adviser pulls clients
Aviva has apologised for its platform, which has been a source of ongoing frustration for advisers since it was updated three months ago.
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Tech firm behind Axa Wealth and Standard Life adds advice tool
A start-up backed by FNZ, the white label tech provider behind Standard Life’s Wrap platform, has launched its first advice product.