The CreditEase-backed wealth management product developer has now raised in excess of $245m following an investment by growth equity investor WestCap.

Growth equity firm WestCap Group has invested $40m in Addepar, a US-based wealth management platform developer backed by online lender CreditEase.

Addepar provides a wealth management service that incorporates data aggregation, analytics and reporting in addition to help investors and asset managers make more informed decisions.

WestCap’s funding will go to research and product development in addition to a planned market expansion drive.

The company has now raised more than $245m altogether, including $140m in a 2017 series D round…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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