The Manulife Financial, AllianceBernstein and Transamerica-backed financial planning service pushed its lifetime funding to $85m with a round featuring FP Credit, Oak HC/FT and IA Capital Group.
NextCapital, a US-based financial advice planning platform backed by corporates Manulife Financial, AllianceBernstein and Transamerica, has secured $30m in growth financing from investors led by FP Credit, the debt arm of investment firm Francisco Partners.
The round was filled out by investment firms Oak HC/FT and IA Capital Group.
Founded in 2014, NextCapital offers wealth management advice to individual investors planning for their retirement, underpinned by a digital platform marketed through its investment banking partners.
The company believes it has…
