Z47 bets on AI-led wealth-tech, fintech

After cutting larger cheques for companies such as Dezerv and Stable Money, Z47 (formerly Matrix Partners India) is seeing more opportunities in the wealth-tech segment and fintechs with a strong AI play, its managing director Vikram Vaidyanathan said.

- Priya & Mansi

“We are now seeing a lot of wealth-tech startups come up in India to serve the needs of different customers with the country's population becoming more affluent,” he said in an interview on the sidelines of the Global Fintech Fest 2025.

Vaidyanathan said wealth management is well-suited for AI, considering the consultative work involved in advising and selling. "The concept of AI-enabled human interface for such models is powerful. We are going to see more oft.”