Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced on Tuesday it has acquired a controlling interest in Finantix, which is a provider of technology enabling the digitalization of omni-channel advisory, sales, and services processes of private banks, wealth managers and insurance companies. This news comes less than a month after Motive Partners acquired a controlling interest in Lucht Probst Associates GmbH (LPA), a provider of innovative software and advisory services focused on financial services distribution and regulatory compliance solutions.
“Finantix offers a suite of software components, accelerators, APIs and engines that collectively support the digitalization of sales, onboarding, advisory, products origination, services and transactions throughout the client life-cycle, across channels and devices for mass affluent to ultra-high net worth clients.”
While sharing details about the acquisition, Scott Kauffman, Partner at Motive Partners, stated:
“Finantix founders, Ralf Emmerich and Alessandro Tonchia, supported by a strong management team, have demonstrated their ability to create a compelling product, bringing a leading technology platform to an ever-increasing set of blue chip clients. We are excited to back the Finantix team and together focus on opportunities to make Finantix a globally recognized leader in its space.”
Ralf Emmerich, Co-founder of Finantix, added:
“Our rapid growth is based upon the strength of our front office and multi-channel components, which are recognized as best in class for their solid architecture, rich functionality, sophistication, flexibility and ability to enable effective sales, advisory, onboarding, products origination and management processes for private banks, wealth managers and insurance companies. Motive Partners’ experience growing financial technology businesses on a global scale, combined with their extensive network, makes them an ideal partner for the next stage of our growth.”