FNZ - About the company
FNZ is an acquired company based in London (United Kingdom), founded in 2003 by Adrian Durham and Kari Thor Runarsson. It operates as a Provider of wealth management platforms for financial institutions and advisors. FNZ has raised $3.52B in funding from investors like General Atlantic, Temasek and Motive Partners, with last known valuation of $20B. The company has 705 active competitors, including 108 funded and 105 that have exited. Its top competitors include companies like Addepar, Broadridge and SEI.
Sectors and market segments that FNZ operate in
FNZ serves in the FinTech market segments.The primary business model of FNZ is:Company Details
Provider of wealth management platforms for financial institutions and advisors. These systems integrate technology with business and investment operations to facilitate asset management distribution and trade processing. The software supports portfolio management, client onboarding, and advisor productivity through automated workflows and data analytics. The infrastructure connects to various investment products to enable the administration of financial assets.
- Website
- fnz.com
- Registered Address
- Suite 1, 3rd Floor 11-12 St. James's Square, London, United Kingdom
Key Metrics
Founded Year
2003
Location
London, United Kingdom
Stage
Acquired
Total Funding
$3.52B in 8 rounds
Latest Funding Round
Last Known Valuation
$20B as on Feb 11, 2022
Investors
Ranked
2nd among 705 active competitors
Employee Count
6,272 as on Jun 30, 2026
Exit Details
Acquired by Generation Investment Management (Oct 09, 2018)
Legal entities associated with FNZ
FNZ is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AVIVA PLC CIN: 1140022 , United States, Active | $1M - $5M (As on Dec 18, 2009) | - | - | |
FNZ LIMITED CIN: 1797706 , New Zealand, Active | Apr 11, 2006 | - | - | |
FNZ GROUP TECHNOLOGIES LIMITED
CIN: FC038854 , United Kingdom, Active | Apr 24, 2024 | - | - | |
FNZ (UK) LTD CIN: 5435760 , Germany, Active | Apr 25, 2005 | £100M - £500M (As on Dec 31, 2022) | 954 (As on Jan 31, 2020) |
FNZ's acquisition details
FNZ got acquired by Generation Investment Management and CDPQ on Oct 09, 2018 at an acquisition amount of $*****.
Click here to take a look at FNZ's acquisition in detail
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FNZ's funding and investors
FNZ has raised a total funding of $3.52B over 8 rounds. Its first funding round was on Feb 13, 2012. Its latest funding round was a Unattributed round on Nov 12, 2025 for $650M. 7 investors participated in its latest round. FNZ has 15 institutional investors.
Here is the list of recent funding rounds of FNZ:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 12, 2025 | $650M | Unattributed | - | - | - | |
Jun 25, 2025 | Undisclosed | Unattributed | - | - | - | |
Apr 05, 2025 | $500M | Unattributed | - | - | - | - |
View details of FNZ's funding rounds and investors
FNZ's founders and board of directors
Founder? Claim ProfileThe founders of FNZ are Adrian Durham and Kari Thor Runarsson.
Here are the details of FNZ's key team members:
- Adrian Durham: Founder & Director of FNZ. They are also an angel investor in 1 startup.
- Kari Thor Runarsson: Founder & Board member of FNZ and founder of 2 other companies, Brilliant and Cliezen.
View details of FNZ's Founder profiles and Board Members
FNZ's employee count trend
FNZ has 6,272 employees as of Jun 26. Here is FNZ's employee count trend over the years:
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FNZ's Competitors and alternates
Top competitors of FNZ include Addepar, Broadridge and SEI. Here is the list of Top 10 competitors of FNZ, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Addepar 2009, Mountain View (United States), Series G | Wealth management solutions for advisors | $759M | 77/100 | |
2nd | FNZ 2003, London (United Kingdom), Acquired | Provider of wealth management platforms for financial institutions and advisors | $3.52B | 69/100 | |
3rd | Broadridge 2007, United States, Public | Provider of tech solution for financial service and customer communication | - | 73/100 | |
4th | SEI 1968, Oaks (United States), Public | Wealth and investment management solutions for institutional investors | - | 71/100 | |
5th | AdvisorEngine 2014, New York City (United States), Acquired | Wealth management software platform empowering financial advisors with technology and services | $60.1M | 71/100 | |
6th | Altruist 2018, Culver City (United States), Series F | Portfolio management software for financial advisors | $602M | 70/100 | |
7th | Avaloq 1985, Zurich (Switzerland), Acquired | Cloud-based solutions for financial institutions | $301M | 70/100 | |
8th | Centricity 2022, Gurugram (India), Seed | Digital private wealth management platform for individuals | $24M | 68/100 | |
9th | ZILO 2020, London (United Kingdom), Series A | Software-enabled transfer agency system | $58.7M | 65/100 | |
10th | Magnifi 2018, New York City (United States), Early Stage | Investment comparison platform | $21.1M | 64/100 |
Looking for more details on FNZ's competitors? Click here to see the top ones
FNZ's Investments and acquisitions
FNZ has made 7 investments in companies including Nokkel and Bondsmith. FNZ has also acquired 13 companies including ifsam and YieldX.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 25, 2023 | Acquisition | 2001 | Contern (Luxembourg) | |
Jan 19, 2023 | Acquisition | 2020 | Miami (United States) | |
Nov 2022 | Acquisition | 2015 | Reykjavik (Iceland) |
See all investments and acquisitions by FNZ
Reports related to FNZ
Here is the latest report on FNZ's sector:
News related to FNZ
Media has covered FNZ for a total of 28 events in the last 1 year, 11 of them have been about company updates and 6 about people movement.
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Objectway Acquires FNZ's Private Banking Technology Business in SwitzerlandAzienda Banca•Jul 01, 2026•Objectway, FNZ
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UK Fintech Funding Rebounds 10% in 2025 as Investors Flock to Late-Stage GiantsThe Fintech Times•Jan 22, 2026•FNZ, DRML Miner
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