Amundi Buys German Fintech aixigo for €149M

Amundi has acquired aixigo, a financial technology company providing assistance to distributors of savings solutions, for €149M.

The European asset manager said November 14 that the acquisition supports its expansion in the technology sector, fortifying its position as a technology and services provider. It expects the transaction to generate a return on investment of nearly 10% after three years and over 12% after four years.

The newly purchased company caters to more than 20 clients, including financial institutions with combined assets under management surpassing €1T.

Source: https://about.amundi.com/article/acquisition-aixigo-accelerate-deployment-technological-solutions-distributors-savings-products

Written By: Dakota

Related Content

Constellation Takes Minority Stake in $3B RIA Bogart Wealth
January 22, 2025

PwC: Asset, Wealth Managers Baking AI into Consolidation Strategies
November 20, 2024

Amundi Buys German Fintech aixigo for €149M
November 18, 2024

Report: Insight, Blackstone, Clearlake Considering $7B Sale of Diligent
November 15, 2024

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Amundi Buys German Fintech aixigo for €149M

Subscribe

Related Content

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Podcasts

Events

Company