d1g1t Gets Strategic Investment and Partnership from RBC

d1g1t, a Canadian WealthTech platform, announced a partnership and strategic investment from RBC. RBC will invest an undisclosed amount alongside JAM Fintop and d1g1t will integrate their robust risk and analytics solution into the RBC ecosystem. d1g1t will use the proceeds to accelerate their roadmap and further expand their North American client base, so it's a big huzzah for Canadian WealthTech and North American clients.

This is essentially a textbook example of how strategic investing should work. d1g1t gets the funding they need and RBC plugs a feature set gap at basically no expense. Plus, they are in pole position should they ever decide to acquire d1g1t, presumably. From an investment standpoint, it never hurts to make sure your investment is about to win a big client. It's like putting your thumb on the scale at the butcher shop.

For more on our Corporate Venture Capital theme and other thoughts on the where the WealthTech industry is going, see our thematic piece WealthTech Themes for the Next 5 Years.

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