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FNZ raises $1.4b in growth funding

New Zealand based wealth management tech platform raised $1.4b in growth funding from Canada Pension Plan Investment Board and Motive Partners.

"The company has successfully demonstrated exponential growth in the scale and depth of customer relationships and geographic expansion with platform revenues more than quadrupling in the past three years to over $1bn per annum, whilst also growing profitably and sustainably.

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new zealand, wealth management