Praemium reports 42% pre-tax profit increase
ASX-listed fintech Praemium has reported a 42% increase in pre-tax profit from $5.4 million to $7.7 million during FY2020.
JBWere to continue using Praemium
JBWere has extended its agreement with Praemium to provide reporting and non-custodial administration for wealth management client portfolios.
Praemium’s takeover offer recommended by Powerwrap board
ASX-listed fintech Praemium today announced the launch of a $55.6 million cash-and-scrip takeover offer for Australian wealth management platform Powerwrap.
Praemium ESG options a platform industry first
Praemium has partnered with leading ESG research house Sustainalytics, to integrate their ESG research and analysis into their platform.
Praemium platform on the rise
ASX-listed global fintech company Praemium has leapt into the top four in the 2019 Investment Trends Platform Benchmarking Report.
Praemium expanding in UK, growing managed accounts
Praemium’s Virtual Managed Accounts Administration Service now has $10 billion in funds under administration, compared to $387 million last year.
Australian FinTech company profile #59 – Praemium
Praemium is a global leader in the provision of integrated Managed Accounts Platform technology, investments and financial planning solutions.
Praemium posts 25% growth in FUA
Praemium has reported a 25% increase in platform FUA to a record $9.5 billion, with the Australian platform’s FUA going up 24% to $6.9 billion.