Padua Solutions, an innovation leader in financial advice technology and services has entered into a strategic investment and partnership with WealthX, an Australian fintech redefining digital connectivity between borrowers, brokers, and lenders.
Matthew Esler, co-founder and CEO of Padua Solutions, said through this partnership Padua and WealthX are collaborating to build the first true integration between financial planner and mortgage broker software – creating a unified customer data platform.
"This industry-first integration will reshape how planners and brokers collaborate, accelerate the advice process, and elevate client outcomes across the board."
— Matthew Esler, CEO of Padua Solutions
Padua's oversubscribed $7M capital raise, with Acorn Capital as cornerstone investor, is funding strategic acquisitions and AI enhancements across the group's portfolio of advice technology businesses.
WealthX's platform functionality includes:
Leverages the CDR and the open banking framework: Accurately assesses client positions and tracks key drivers in real time, enabling personalised advice at scale and proactive client engagement
Cashflow and personal finance management: Tracks client-level financial details like cashflow, property, and mortgage data
Brokerage-in-a-box: A complete, digitally enabled platform for modern mortgage brokers
Digital loan application: Streamlines loan submissions with intuitive end-to-end digital capabilities
The Padua and WealthX planned integration highlights include:
Reduced client data gathering
Both planners and brokers will benefit from less client data duplication
Accelerated advice cycle
Faster onboarding for brokers and time to advice for planners
Aligned service delivery
Planners and brokers will be operating off the same data
Expanded client tools
More comprehensive financial resources accessible through a seamless platform
"This integration creates the foundation for the advice platform of tomorrow – one where advice – not a product – is at the centre, supported by unified data, seamless workflow, and intelligent automation."
"The ability to merge planning and broking into a single source of truth accelerates outcomes and fundamentally shifts how services are delivered. The overwhelming support in our capital raise speaks volumes: the market sees this vision and is responding with confidence."— Matthew Esler, CEO of Padua Solutions
"Planners and brokers already maintain tight referral relationships and many practices already include both services. This integration allows them to truly operate as one, with data flowing between systems, reducing handovers, speeding up decisions, and delivering a significantly enhanced client experience. It's a game-changer that aligns perfectly with industry direction."
— Clint Howen, Co-founder of WealthX
"This partnership is emblematic of where the industry is headed – towards more connected, efficient, and advice-centric ecosystems. Integrating planning and broking at the system level changes the competitive landscape, and that is precisely why we continue backing Padua's vision."
— Matthew Sheehan, Investment Director at Acorn Capital and Director of Padua Solutions