Nest Wealth said it will remain independent, but the investment will help National Bank expand its digital offerings, including a new online savings account. (The Globe and Mail)
Skip to content
Nest Wealth said it will remain independent, but the investment will help National Bank expand its digital offerings, including a new online savings account. (The Globe and Mail)
Talking point: This is National Bank’s second fintech investment in two days. On Monday, the bank led a $16.2-million round in Montreal-based Flinks, which plans to use the money to launch a new wealth management product. Nest is similarly planning to use this investment to expand National Bank’s offerings for portfolio managers. The bank operates the largest platform for independent investment dealers and portfolio managers. Nest won’t just be using the new funding to assist National, though—it’s also planning to expand into the U.S.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
For this Alberta tech firm, ‘Buy Canadian’ isn’t working as advertised
Briefing
Lululemon issues apology for using Japanese-inspired design to honour China
Shai Gilgeous-Alexander drops Converse to lace up for corporate parent Nike
Oil market could see a ‘significant’ supply surplus again in 2027: IEA
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
