Apollo Global is exploring a partnership with Revolut to embed its wealth management offerings within Revolut’s digital platform, aiming to tap into the fintech’s user base with advisory and managed portfolio services. Discussions are ongoing on scope, distribution terms and integration timeline.

In the latest quarter, Apollo’s wealth unit reported a nearly 300% year-over-year revenue increase, fuelled by higher advisory fees and robust net inflows across private client accounts. This marks the strongest segment performance within the firm’s diversified business lines.

A successful collaboration could accelerate client acquisition through Revolut’s distribution network, diversify Apollo’s revenue streams and reinforce its digital wealth capabilities, potentially enhancing overall fee income and valuation multiples.