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Acorn-backed financial advice fintech makes data acquisition

Fresh off a $7 million capital raising, financial advice technology and services provider Padua Solutions is flexing its acquisition muscle, inking a deal with adviser, superannuation and SMSF data provider Wealth Data.

Kiama-based Padua provides software to financial advisors. 

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/acorn-backed-financial-advice-fintech-makes-data-acquisition-20250714-p5meqw