FNZ: Acquires private banking fintech
- FNZ is the global platform opening up wealth partner with the entire industry to make wealth management accessible to more people
- The acquisition represents a further investment in the growing private banking sector
- It will increase its presence in the cross-border wealth centers of Switzerland, Liechtenstein and Luxembourg
- These markets are key to serving and administering client wealth globally
- The strategic acquisition of New Access represents a further investment into the growing private banking
- Private banks are under significant pressure to adapt and scale offerings to their existing and new clients
