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Privé acquires WEALTH

Privé acquires WEALTH

FinTech solutions provider Privé has acquired WEALTH, an online marketplace of wealth services for Asia’s high net worth individuals.

The acquisition – according to Privé - bolsters its product offering, enabling it to create comprehensive technology platform for wealth service providers that encompasses prospect marketing, client acquisition as well as on boarding, portfolio management, reporting and execution.

Launched in 2016, WEALTH helps investors to connect with wealth service providers, including private banks, independent asset managers, financial advisors, trust specialists and tax advisors.

‘Since its inception, WEALTH has facilitated transactions involving over $350 million in assets between consumers and wealth service providers,’ Privé said in a statement.

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