UK-based lender Barclays has made a strategic investment in United Fintech, becoming the fifth international bank to join the shareholders.
Barclays will also join United Fintech’s Board of Directors.
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Other major banks that have invested in United Fintech over the past two years include Citi, BNP Paribas, Danske Bank, and Standard Chartered.
Barclays strategic investments head Ryan Hayward said: “We’re excited to partner with United Fintech to accelerate digital transformation across the industry.
“United Fintech’s approach to scaling proven fintech innovation aligns closely with our vision for future-ready financial services.”
United Fintech operates as a platform providing infrastructure and technology for asset managers, financial institutions and wealth managers.
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By GlobalDataThe company has expanded its portfolio to seven fintech firms after two acquisitions this year. Currently, it has 11 offices globally, with over 200 staff.
United Fintech said that the recent acquisitions have broadened its services across capital markets, commercial banking and investment management.
Furthermore, the company aims to help clients modernise their technology infrastructure and implement AI-driven solutions through a single access point.
United Fintech founder and CEO Christian Frahm said: “We are very excited to welcome Barclays as our fifth global bank investor. With AI accelerating across financial services, industry-wide collaboration has never been more important.
“With Barclays now onboard, we further strengthen our industry-wide adoption, and United Fintech is well on its way to becoming the trusted ecosystem for enabling that collaboration.”
Recently, Reuters reported that Barclays is considering a bid to acquire UK-based wealth management company Evelyn Partners.
Evelyn Partners’ shareholders, Permira and Warburg Pincus, initiated the sale process earlier in 2025 and have valued the business at over £2.5bn ($3.33bn).
