The Munich software-as-a-service (SaaS) platform Wealthpilot is now part of the Finaplus group. With this move, Finaplus strengthens its platform offering in the wealth-as-a-service sector and continues to expand its position in the German-speaking market.
Finaplus CEO Christian Hank explains:
“Wealthpilot’s solutions will complement the Finaplus wealth-as-a-service platform at many points in the future, thus providing clear added value for existing and future Finaplus customers.”
Through the integration, Wealthpilot customers will no longer need many of the standalone solutions they previously used, which is intended to simplify processes and make technology deployment more efficient.
Wealth management market consolidates
With the acquisition, Finaplus is continuing the consolidation of the wealth management software market. About two years ago, the company had created a common platform through the merger of Finasoft and Psplus. The connection with Wealthpilot further strengthens the company’s presence in the DACH region and Luxembourg. Overall, more than 600 billion euros in assets will be managed across both platforms in the future.
Synergies for customers of both companies
Wealthpilot founder and CEO Stephan Schug explains:
“Our customers will have access to the entire technological value chain in the future: from the portfolio management system through the advisor portal to the customer portal.”
The acquisition enables closer integration of the existing systems of both providers. Wealthpilot brings its expertise in the automated analysis of liquid and illiquid assets, while Finaplus demonstrates its strength in managing large wealth portfolios and professional portfolio management.
According to its own information, the Munich startup Wealthpilot is one of the leading software providers for digital wealth management in the German-speaking region. The platform analyzes over 300 billion euros in assets daily and serves wealth managers, banks, insurance companies, and family offices.
Finaplus employs around 100 staff and serves, among others, five of the ten largest independent wealth managers in Germany. The company, headquartered in Mainz, offers software solutions for banks, family offices, foundations, and independent wealth managers.
The deal is regarded not just as a simple acquisition but as a strategic step to create an integrated digital infrastructure for wealth management. Wealthpilot brings data and analytics expertise, while Finaplus brings the platform and customer base. This creates a new heavyweight in the European WealthTech landscape.
