Tencent-backed Niyo acquires wealth management startup Goalwise

Tencent-backed Niyo acquires wealth management startup Goalwise

Photo: Reuters

Digital banking fintech startup Niyo Solutions Inc, backed by Tencent Holdings, has acquired mutual funds investment platform Goalwise, in a cash-and-stock deal for an undisclosed amount, as it looks to expand its offerings into the wealth management space.

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