Swiss wealth technology company Etops Group, which provides software-as-a-service (SaaS) solutions to around 100 wealth and asset management clients, is being acquired by London-based private equity firm Pollen Street Capital.
With the new acquisition, Pollen Street’s WealthTech group will grow to more than 300 employees serving more than 550 clients, including banks, wealth managers, financial advisors and insurance companies in Switzerland, Germany and other continental European markets.
The addition of Etops follows Pollen Street’s acquisition of German company Niiio Finance Group late last year, with the aim of building a European player in the WealthTech sector.
