“Can a globally regulated independent financial advisory firm evolve into a full-service financial platform for cross-border individuals by embedding fintech infrastructure (cards, FX, digital onboarding) into its advisory proposition?”
Founded in 2002 as a cross-border financial advisory firm for expatriates and globally mobile individuals, deVere Group has grown into one of the world's largest independent financial advisory organisations with $14B in client assets. Over time the group moved beyond pure advisory into fintech product delivery, launching the Vault multi-currency card in 2020 via Moorwand card issuing partnership and building a proprietary onboarding/verification app. The group's embedded finance posture is driven by the need to serve clients operating across 100+ regulatory jurisdictions — hence investment in regulated card issuance, identity verification, and international financial planning infrastructure.
Devere Group discloses Moorwand as its banking provider, according to the Embedded Finance Index 2026.
Devere Group does not disclose a bank charter of its own; its banking services are provided through Moorwand.
Devere Group's cards are issued through Moorwand.
The Embedded Finance Index 2026 maps 2 layers in Devere Group's stack: Banking / BaaS (Moorwand); Card issuing (Moorwand).
Devere Group is founded in 2002 and headquartered in Dubai, United Arab Emirates.
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