Tag: WealthTech News Europe

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BlackRock to acquire private markets data provider Preqin for $3.2bn

BlackRock to Acquire Preqin: Key PointsAcquisition Details:US asset management firm BlackRock will acquire Preqin, a UK-based private markets data solutions provider, in...

Turkey’s Papara taps DriveWealth for fractional investing solution

Partnership Announcement:Turkish banking challenger Papara has partnered with US-based financial tech firm DriveWealth. The partnership aims to launch a new US stock...

FE fundinfo snaps up wealth management fintech Dericon

Acquisition Details:Acquirer: FE fundinfo, a UK-based financial data firm. Target: Dericon, a wealth management fintech based in Frankfurt, Germany. Acquisition Amount: Undisclosed....

Globacap hires WealthKernel’s Brian Schwieger as new chairman

Appointment of Brian Schwieger as Chairman: Globacap, a private capital platform, has appointed Brian Schwieger, an industry veteran, as its new Chairman. Expectations:...

JTC to acquire First Republic Trust Company of Delaware from JP Morgan for $21m

Acquisition Overview:JTC, headquartered in Jersey, is set to acquire First Republic Trust Company of Delaware (FRTC-DE) from JP Morgan Chase in an...

EQT to sell data management tech firm Rimes to Five Arrows

Rimes:Provides enterprise data management and investment intelligence solutions for asset managers. Supported by EQT since 2020 with a significant growth investment. Offers...