Temasek invests in fintech company FNZ

FNZ aims to expand its Asia operations with the investment.

Temasek has completed an investment in Scotland-based financial technology company FNZ, according to a press release.

Temasek now joins existing investors Caisse de dépôt et placement du Québec (CDPQ) and Generation Investment Management LLP (Generation), who acquired a majority stake in FNZ in October 2018. This was the first investment from the CDPQ-Generation partnership, who came together to make large-scale, long-term sustainable investments.

FNZ looks to leverage on Temasek’s presence and experience in Asia as it looks to grow its business in the region over the coming years.

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