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FNZ Agrees to Purchase Diamos AG – Cryptospacey

FNZ Agrees to Purchase Diamos AG – Cryptospacey

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Respected global wealth management platform, FNZ recently confirmed that the company has agreed to bring together Diamos AG, a specialist wealth technology provider for the asset and wealth management business, to develop its presence in the emerging German market.

According to the fine print shared by FNZ, the acquisition further develops the company’s global wealth management platform. The acquisition, subject to key approvals, strengthens FNZ’s position in Europe.

FNZ, which currently manages more than $1.5 trillion in consumer goods on its platform, plans to hire more than 5,000 people globally, as well as more than 1,000 people across the DACH region.

Adrian Durham, Group CEO of FNZ, stated: “We are excited to make another important investment in the German wealth management space and are delighted to be on board with the DIAMOS staff for their profitable track record and deep market knowledge. The acquisition of DIAMOS is a testament to our continued collaboration to enhance our consumer offering, while the revolutionary bringing our method and funding to DIAMOS’ strong consumer base.”

Acquisitions

Before now a few months, FNZ has accelerated its acquisition technology to expand the company’s world reach. In July 2022, FNZ announced the strategic acquisition of New Entry, a Swiss non-public banking consultancy. In February 2022, the Treasury Board raised $1.4 billion in new capital.

Wilhelm Velten, owner and CEO of Diamos, added: “We are excited to become a member of FNZ as we continue to do business. Together, we now plan to accelerate the expansion arc that DIAMOS has achieved by leveraging the energy and global experience of FNZ’s staff. DIAMOS’ buyers will benefit from FNZ’s global funding and financing. Our workforce can be essential in realizing this goal, as sooner rather than later it will provide much more exciting long-term career options.”

FNZ has partnered with more than 650 giant financial institutions around the world.

Respected global wealth management platform, FNZ recently confirmed that the company has agreed to bring together Diamos AG, a specialist wealth technology provider for the asset and wealth management business, to develop its presence in the emerging German market.

According to the fine print shared by FNZ, the acquisition further develops the company’s global wealth management platform. The acquisition, subject to key approvals, strengthens FNZ’s position in Europe.

FNZ, which currently manages more than $1.5 trillion in consumer goods on its platform, plans to hire more than 5,000 people globally, as well as more than 1,000 people across the DACH region.

Adrian Durham, Group CEO of FNZ, stated: “We are excited to make another important investment in the German wealth management space and are delighted to be on board with the DIAMOS staff for their profitable track record and deep market knowledge. The acquisition of DIAMOS is a testament to our continued collaboration to enhance our consumer offering, while the revolutionary bringing our method and funding to DIAMOS’ strong consumer base.”

Acquisitions

Before now a few months, FNZ has accelerated its acquisition technology to expand the company’s world reach. In July 2022, FNZ announced the strategic acquisition of New Entry, a Swiss non-public banking consultancy. In February 2022, the Treasury Board raised $1.4 billion in new capital.

Wilhelm Velten, owner and CEO of Diamos, added: “We are excited to become a member of FNZ as we continue to do business. Together, we now plan to accelerate the expansion arc that DIAMOS has achieved by leveraging the energy and global experience of FNZ’s staff. DIAMOS’ buyers will benefit from FNZ’s global funding and financing. Our workforce can be essential in realizing this goal, as sooner rather than later it will provide much more exciting long-term career options.”

FNZ has partnered with more than 650 giant financial institutions around the world.

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