Wealthtech platform Fintso buys WealthMagic in part-equity, part-cash deal

The combined entity will now cater to over 1.5 million retail investors with investments to the tune of Rs 1.4 trillion ($20 billion) of assets

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The acquisition by Fintso is aimed at extending its platform to reach the next billion investors in India

Mumbai

3 min read Last Updated : Nov 01 2021 | 12:48 PM IST

Fintso, the B2B2C wealthtech platform, has acquired WealthMagic – a SaaS provider in the wealth management space. The specific financials of the deal remain undisclosed. Fintso said that it is

Topics : Private Equity deals SaaS Investment

First Published: Nov 01 2021 | 12:39 PM IST

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Wealthtech platform Fintso buys WealthMagic in part-equity, part-cash deal

The combined entity will now cater to over 1.5 million retail investors with investments to the tune of Rs 1.4 trillion ($20 billion) of assets

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