Acquiring Company
Netwealth Group Ltd
Acquired Company
Scale Up Platform Solutions Pty Ltd
AustraliaAustraliaFinancial ServicesFinanceLendingFinancial ServicesSoftwareArtificial IntelligenceSaasFintechMachine LearningDescription
Netwealth Group Ltd has agreed to acquire Paradino, the AI advice automation platform by Scale Up Platform Solutions Pty Ltd. The acquisition involves an upfront consideration of cash and shares, aiming to enhance Netwealth's technology offerings. Despite broader market challenges, the deal is seen as a strategic move into the growing area of AI-driven financial advice. Netwealth plans to invest further in Paradino to accelerate its product roadmap.
Don't miss Netwealth Group Ltd's next move
Get an email the moment Netwealth Group Ltd makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
M&A Insights
Based on deal dataFrequently asked
Who acquired Scale Up Platform Solutions Pty Ltd?
Scale Up Platform Solutions Pty Ltd was acquired by Netwealth Group Ltd, based in Australia. The deal was reported on September 16, 2026. Netwealth is a leading provider of innovative investment platforms for investment managers and financial advisers. The company offers a range of solutions to help clients manage their financial portfolios effectively. Netwealth Group Ltd is privately held and operates in Financial Services.
When did Netwealth Group Ltd acquire Scale Up Platform Solutions Pty Ltd?
Netwealth Group Ltd's acquisition of Scale Up Platform Solutions Pty Ltd was reported on September 16, 2026. Netwealth Group Ltd has agreed to acquire Paradino, the AI advice automation platform by Scale Up Platform Solutions Pty Ltd. The acquisition involves an upfront consideration of cash and shares, aiming to enhance Netwealth's technology offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Scale Up Platform Solutions Pty Ltd do?
Scale Up Platform Solutions is the company behind the Paradino AI advice automation platform. Paradino leverages a proprietary AI framework to streamline and automate financial advice processes. It is privately held, operating in Financial Services, and is based in Australia.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.
5 screens from a live account. No signup.