Subscribe to our newsletter to get succinct alerts for all WealthTech deal activity including funding, acquisitions, strategic partnerships, and product launches

intelliflo has acquired Mabel Insights, a research and portfolio analysis platform widely used across the UK advice market, the company announced on October 12, 2026. Financial terms were not disclosed. Mabel has been an intelliflo integration partner since 2024, and intelliflo said it wants Mabel at the center of its intelliflo office platform rather than alongside it. Mabel gives advisors one place to research and compare investments across the market, model client outcomes

PlannerPal, an AI workflow platform for financial advice and wealth management firms, has raised $6 million (£4.3 million) in a round led by Mercia Ventures. Ada Ventures, which led the company's February 2024 pre-seed round, also participated, alongside strategic fintech investors and angels. PlannerPal will use the capital to expand its engineering and product teams, support customer rollouts, and accelerate development of its client intelligence capabilities. PlannerPal be

Alto, a Nashville-based self-directed IRA custodian and broker-dealer, has agreed to acquire Forge Trust, a Charles Schwab company. Financial terms were not disclosed. Once closed, the combined business will hold more than $20 billion in assets under custody, serve over 60,000 self-directed IRA accounts holding private market assets, and administer more than 3 million Custody-as-a-Service accounts. The deal is pending approval from the South Dakota Division of Banking. Alto's

KKR has agreed to acquire Gen II Fund Services, a technology-enabled fund administrator for private capital managers, from Hg, General Atlantic and other minority investors at an enterprise value of $5.1 billion. The investment will be made through KKR's Core Private Equity strategy, and the transaction is expected to close in 2027. Gen II co-founder and CEO, Steven Millner, will continue to lead the company. Founded in 2009 by Steven Millner, Steven Alecia and Norman Leben,

The Depository Trust & Clearing Corporation (DTCC) and iCapital announced a strategic collaboration on September 28 to advance private markets infrastructure, alongside a strategic investment by DTCC in iCapital. Terms were not disclosed. The firms plan to further integrate DTCC's Alternative Investment Product (AIP) with iCapital's alternative investment platform, and Talia Klein, DTCC's Head of Wealth & Investment Solutions, will serve as an observer on iCapital's board. iC

Wealthcome, a wealth management software provider based in Pessac, near Bordeaux, France, has raised €15 million (approximately $17.2 million) in a Series B round led by Breega, with returning investor BlackFin Capital Partners also participating. Announced September 24, 2026, the round follows a €7 million Series A led by BlackFin in March 2025 and brings total funding to €22 million (about $25.2 million). Founded by CEO Cyprien Delmeule with Éric Foin and Morgan Emmery, Wea

Monetary Metals, a Scottsdale, Arizona based gold yield marketplace, announced on September 22, 2026 that it raised $10.5 million in its latest equity financing round. The round drew participation from a mix of existing and new shareholders and brings the company's total capital raised since its 2012 founding to nearly $25 million. The company operates a platform that lets gold owners earn a yield on their holdings by leasing gold to jewelers, refiners, mints and miners for i

Definedge, a Pune-based fintech and brokerage firm, has raised Rs 22 crore (approximately $2.3 million) in a pre-Series A round, bringing its total funding to date to Rs 30 crore (about $3.1 million). The round, announced September 22, 2026, included continuing investors Nitin Agarwal and D. Prasad alongside new backers Anant Jain and Sachin Kasera. Founded in 2021 by Prashant Shah and Rajesh Badiye, Definedge operates a full-stack wealth-tech ecosystem of more than 14 platfo

Crowwd, a New Delhi based wealth-tech platform, has raised $260,000 in a pre-seed round from more than 30 investors at an approximate valuation of $5.2 million. Backers include Dr Ritesh Malik, founder of Innov8, Three Words Capital, Sachin Panwar, YogaCleanAir co-founders Deepak Raina and Gaurav Nagar, France based Hexa Startup Studio, Dr Lal PathLabs independent director Somya Satsangi, and Share India Securities managing director Sachin Gupta. Crowwd began as a social comm

Pave Finance, Inc. has closed a $15 million Series A financing round, exceeding its original target due to strong investor demand. The round was backed by former executives and board members of major financial services firms. Pave built an AI-powered platform that lets investment advisors customize, personalize and automate portfolio construction and management at scale. The system tracks more than 10,000 publicly traded securities globally through an alpha scoring algorithm,

Ridgeline, a cloud-native investment management platform, has raised $250 million in a Series E round that values the company at $1.425 billion. The round was led by founder and chairman Dave Duffield, with participation from Motley Fool Ventures, affiliates of Smead Capital Management, and Patrick O'Shaughnessy, CEO of Positive Sum. Motley Fool Ventures and Smead Capital Management are both Ridgeline clients, putting customer capital behind the round alongside the traditiona

ETFBOOK announced on September 16 a $13 million growth round led by Expedition Growth Capital, with existing investor BlackFin Capital Partners participating. The Zurich based company, which trades as SquaredData AG, did not disclose a valuation. ETFBOOK runs a data and analytics platform for the ETF market, covering more than 11,000 funds across Europe and the United States with T+1 data on flows, trading activity, holdings and segment analytics. It sells to ETF issuers, ass

Rogo, an artificial intelligence company built for finance professionals, announced on September 10 that Barclays, BNP Paribas through Opera Tech Ventures, Citi Ventures, MUFG Innovation Partners, Societe Generale and Sixth Street co-founder Josh Easterly have taken strategic stakes in the business. They join existing strategic investors including J.P. Morgan Growth Equity Partners and Truist Ventures, putting nine global banks with close to $20 trillion in combined assets on

Luminary announced on September 10 a $22 million Series A led by Ten Coves Capital, bringing total funding to nearly $32 million. BNY, Fin Capital, Focus Financial Partners, Rockefeller Capital Management's FinTech Innovation Fund, and several family offices participated, alongside 8VC, which led the company's $9.5 million seed round. The company did not disclose a valuation. Luminary is an AI-native platform that turns estate documents into structured data, giving wealth adv

Savvy Wealth announced on September 9 a $100 million Series C round at a $600 million valuation. The round was led by Halo Fund, the investment firm of Qualtrics founder Ryan Smith and Accel general partner Ryan Sweeney, with existing investors including Thrive Capital, Industry Ventures, Canvas Prime, Index Ventures, Vestigo Ventures, Allianz Life Ventures, and Euclidean Capital participating. The company says it is on track to reach $100 million in annual recurring revenue

Aquiline Capital Partners has entered into a definitive agreement to acquire a controlling interest in Flourish, the RIA-focused cash and lending platform currently owned by MassMutual. The transaction was announced on September 2, 2026 and is expected to close in the fourth quarter, subject to customary closing conditions and regulatory approvals. Terms were not disclosed. MassMutual will retain a significant stake and remain a strategic partner and client of the business. W

Ajaib, a Jakarta based online stock trading platform, said Friday it has raised $270 million from Tokyo listed SBI Holdings in what could be Indonesia's biggest fundraising round since 2022. The Series C brings the company's total funding to more than $500 million since its founding. Ajaib did not disclose a current valuation but said the round represents a significant step up from the unicorn valuation it reached in 2021 on a $153 million Series B. SBI said separately that i

RQD* Clearing announced on August 27 a $74 million minority growth investment led by Bain Capital Tech Opportunities, with participation from ABN AMRO Clearing Bank and Nyca Partners. The firm plans to use the capital to expand across North America, Asia, and the Middle East and to continue investing in technology and product development, including digital asset custody and tokenization capabilities. RQD provides clearing and custody services to broker-dealers, registered inv

Nexedge Capital, an Indian wealth management and multi-family office firm, has raised $20 million in its first funding round, co-led by Mirae Asset Venture Investment and Elev8 Venture Partners. The round valued the firm at about $250 million. Nexedge said it will use the capital to strengthen its technology platform, expand its network of senior bankers, and extend across India, including smaller Tier 2 and Tier 3 cities. The firm was founded in February 2025 by Anirudha Tap

Vanguard announced on August 26, 2026 that it has agreed to acquire Altruist, an AI-forward wealth technology and custody platform built for financial advisors. Financial terms of the transaction were not disclosed, and the deal is expected to close later this year, pending regulatory approvals. Founded in 1975, Vanguard is one of the world's largest investment management firms, offering investments, advice and retirement services to millions of investors globally. Altruist,