National Bank, one of Canada’s Big Six, and Nest Wealth, a leader in financial investment technology, are proud to announce the signing of multiple agreements. The agreements include both a strategic minority investment of $6 million by National Bank in Nest Wealth and a commercial agreement between the two companies. The commercial agreement will see National Bank employing Nest Wealth’s cutting-edge investment technology to enhance the Bank’s internal digital platforms for the ultimate benefit of its clients.
The transaction is subject to regulatory approval.
“It is a great pleasure to partner with Nest Wealth, a top Canadian fintech company renowned for its innovation and ability to offer exceptional digital platform experiences. Our objective at National Bank is clear: to augment and complement our present platforms, thereby equipping our advisors with an additional working tool that will take our investment offer to the next level. With this agreement, National Bank is increasing its digital services to end-clients, while continuing to emphasize the importance and value of financial advising relationships. We are very proud of that.”
Co-President and Co-Chief Executive Officer, National Bank Financial
Executive Vice-President – Wealth Management
“We are thrilled to be entering into these agreements with National Bank, a truly innovative and historical Canadian bank. At Nest Wealth we know that digital wealth platforms can be a game-changer for millions of Canadians who are working hard to save and accumulate wealth. National Bank shares our singular focus on making the end-investor better off and we are excited to work with this great institution to expand the reach of Nest Wealth Pro and our other industry-leading wealth management solutions.”
Founder and CEO of Nest Wealth