FNZ: Acquire Fondsdepot Bank, one of Germany’s leading B2B banks
- FNZ is a global FinTech firm, transforming the way financial institutions serve their wealth management customers
- Fondsdepot Bank is a business-to-business (B2B) and business-to-business-to-consumer (B2B2C) independent bank
- It works with more than 330 fund providers and maintains long-lasting relationships with over 200 distribution
- Offering them simplified access to over 12,000 investment funds and Exchange-Traded-Funds (ETFs)
- Fondsdepot Bank employs around 500 people, manages more than 1 million investment accounts
- The acquisition is consistent with company’s strategy in Germany, one of Europe’s largest asset management markets
