Web Financial Group ('WFG') is a financial technology company providing software and services to the wealth management sector. It is headquartered in Spain and has a strong presence in Europe, North America and Latin America. It has more than 170 clients including banks, asset managers and digital media companies.
The company provides two product offerings: software & data which is used by banks and asset managers to run content-rich websites; and a media business managing one of the largest networks of finance-focused websites in Europe.
Bridgepoint is investing in the business to support its drive into the US market and to build its fast-growing business in Europe.
The investment in Web Financial is made by Bridgepoint Growth, a UK-focused growth fund targeting fast-growing businesses.
In April 2022 Web Financial Group entered into an agreement to be acquired by Allfunds. The transaction is subject to customary closing conditions including regulatory approvals.
To learn more about the company, please click here.