Company
Every investor coverage indicates participated in a round Netwealth Group raised.
Companies Netwealth Group acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Matt Heine | CEO | Business News Australia, Australian FinTech |
Stories naming Netwealth Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Netwealth has agreed to buy advice-automation startup Paradino for as much as $39 million, combining upfront cash and shares with earn-outs and a product investment pledge, aiming to build Australia's leading AI wealth platform.
Wealth platform Netwealth is acquiring AI advice-automation startup Paradino for A$20 million upfront, mostly cash, plus earn-outs that could reach A$9 million, and intends another A$10 million of investment.
Profile of New Zealand fintech Sugar Wallet, cofounded by Dev Soni and Sophia Ritchie, which simplifies investing for beginners and has joined GD1-backed Phase One incubator, with backing from fintech angel operators.
AI platform Nod has closed an oversubscribed AUD$2 million pre-Series A round, with Netwealth's Matt Heine among the backers, and has recently appointed a Head of Growth and a Chief Technology Officer.