Finantix, which provides digital services to the private banking and insurance sectors, has signed an agreement with Motive Partners, a global private equity firm focused on growth investments in financial technology companies which will see Motive Partners become a majority shareholder.

Motive Partners will support Finantix and the founders in extending the functional footprint of the product and in accelerating geographic expansion.

Both firms intend to capitalise on the international opportunity seeing substantial opportunities to continue to grow in Europe, Asia and to enter the US market.

Motive Labs, the...