DBS and Avaloq expand 18-year partnership to develop wealth management for Asia

DBS announced a strategic partnership on September 25, 2026.

Primary

DBS

Date

September 25, 2026

Sub-sector

Wealthtech

Shows large incumbents (DBS >$1B) investing in wealth tech modernization across Asia. For sub-$250M fintech founders, this signals competitive consolidation but with limited direct M&A signal or clear buyer thesis details.

Primary company

DBS

Counterparty

Not disclosed

Amount

Not disclosed

Event date

September 25, 2026

Sub-sector

Wealthtech

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

Finextra

Source: finextra.com