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Etops joins Pollen Street Capital-backed WealthTech consolidation project

August 5, 2024
Finextra Research

Etops, a Swiss-based company near Zug, has joined a wealth and asset management software consolidator backed by Pollen Street Capital. Etops, known for its versatile "etopsOS" platform, serves around 100 clients in the wealth and asset management sectors, offering solutions in data consolidation, portfolio management, CRM, and reporting. Under the leadership of founder and CEO Pius Stucki, Etops has become a significant player in the Swiss market.

The consolidation group, formed in December 2023, is a leading European entity in wealth and asset management software. With over 300 staff, the group serves more than 550 clients across financial services, including banks, wealth and asset managers, financial advisors, and insurance firms in Germany, Switzerland, and other European markets. The group includes companies like Fundsaccess, Fundhero, Patronas, and DSER (through niiio finance group), offering modular, end-to-end technology solutions that enhance customer experience and optimize core processes. The transaction terms remain undisclosed, and the group will receive its official name by the end of the year.

Pius Stucki will continue as CEO of Etops. He expressed excitement about joining the Pollen Street-backed group, highlighting the significant market opportunity in the DACH region and the potential for rapid growth. David Dawson, Partner at Pollen Street, praised the Etops team for their strong, client-centric business and excellent products, emphasizing the positive impact on the group's growth and future strategic M&A activities.

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