FinTechFunding

NextCapital: Raises $30M in Growth Funding

  • NextCapital, a Chicago, IL-based enterprise digital advice company, raised $30m in growth financing
  • The round, which brings total funding to $85m, was led by FP Credit, the credit investment arm of Francisco Partners, a global investment firm
  • The company also intends to use the funds to continue to expand operations and its business reach
  • NextCapital enables its commercial partners to bring to market a full-stack digital advice solution that built to support the demanding requirements of large enterprises
  • The company also enables scalable financial planning, advice, and managed accounts across leading financial institutions
  • The company’s multi-channel solution supports defined contribution, IRA rollover, and retail accounts
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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