Pontera (fka FeeX), a NYC-based financial technology company that enables financial advisors to securely manage their clients’ retirement accounts and other held away assets, raised $80m across three recent funding rounds.
The rounds were led by Lightspeed Venture Partners, along with The Founders Kitchen, Hanaco Ventures, Hyperwise Ventures, Blumberg Capital, and prominent individual investors.
The company intends to use the funds to continue to expand operations and its business reach.
Led by co-founder and CEO Yoav Zurel, Pontera allows financial advisors to securely and compliantly manage their clients’ held away accounts, such as 401(k)s and 403(b)s, as part of their overall portfolio. Pontera serves thousands of financial advisors from all types of advisory practices, ranging from single-person advisory firms to some of the world’s largest financial institutions. In the last year, the company has announced integrations with a number of technology partners, including Orion Advisor Solutions, Advyzon, and others, enabling financial advisors to provide holistic service to their clients. In the past 12 months, Pontera announced a number of partnerships, including those with Carson Group, Priority Financial Group, Dynamic Advisor Solutions, and CoastalOne.
FinSMEs
23/02/2022