The Munich-based Software-as-a-Service (SaaS) platform Wealthpilot has now joined the Finaplus Group. This strengthens Finaplus' platform offering in the Wealth-as-a-Service sector and further expands its position in the German-speaking market.
Finaplus CEO Christian Hank explained:
"Wealthpilot's solutions will complement the Finaplus Wealth-as-a-Service platform in many areas in the future, thus offering clear added value for existing and future Finaplus customers."
The integration will eliminate many previously used isolated solutions for Wealthpilot customers, which should simplify processes and make the use of technology more efficient.
Wealth management market consolidates
With this acquisition, Finaplus continues the consolidation of the wealth management software market. Approximately two years ago, the company created a joint platform through the merger of Finasoft and Psplus. The addition of Wealthpilot further strengthens the company's presence in the DACH region and Luxembourg. In total, over €600 billion in assets will be managed across both platforms going forward.
Synergies for customers of both companies
Wealthpilot founder and CEO Stephan Schug explains:
"In the future, our customers will have access to the entire technological value chain: from the portfolio management system to the consultant portal and the customer portal."
The acquisition enables closer integration of both providers' existing systems. Wealthpilot contributes its expertise in the automated analysis of liquid and illiquid assets, while Finaplus leverages its strength in mapping large fortunes and professional portfolio management.
According to its own statements, the Munich-based startup Wealthpilot is one of the leading software providers for digital wealth management in German-speaking countries. The platform analyzes over €300 billion in assets daily and is aimed at asset managers, banks, insurance companies, and family offices.
Finaplus employs around 100 people and serves, among others, five of the ten largest independent asset managers in Germany. The Mainz-based company offers software solutions for banks, family offices, foundations, and independent asset managers.
The deal is not just seen as a simple acquisition, but as a strategic move to create an integrated digital infrastructure for wealth management. Wealthpilot brings data and analytics expertise, while Finaplus contributes the platform and customer base. This creates a new heavyweight in the European WealthTech landscape.
