GenTwo, a Swiss-based B2B Fintech platform specialised in securitization of bankable and non-bankable belongings, introduced in the present day that it has raised a USD 15 million Sequence A led by USbased Point72 Ventures.
At the side of the funding, Pete Casella, Senior Companion and Co-Head of Fintech investments at Point72 Ventures, joins GenTwo’s board of administrators.
Based in 2018 in Zurich, GenTwo has constructed an monetary engineering community centered round its proprietary GenTwo PRO platform. This permits funding professionals to rapidly and simply securitize and produce to market any asset or funding technique within the type of a bankable safety.
With GenTwo, beforehand various and non-bankable belongings akin to actual property, fantastic artwork or digital belongings – a world market estimated to be price over USD 78 trillion – might be made simply accessible to all buyers. The corporate‘s merchandise deal with asset managers’ and their purchasers’ rising want for revolutionary monetary merchandise that provide new alternatives for diversification and lively portfolio administration.
Thus far, the corporate has served greater than 250 purchasers in 26 international locations to launch effectively over 1,200 funding merchandise and has greater than USD 3 billion underneath service.
Pete Casella
“At Point72 Ventures we wish to again founders with daring concepts. GenTwo is an efficient instance of what we’re on the lookout for, and we imagine that the founders Patrick Loepfe and Philippe A. Naegeli are the correct workforce to execute on their concepts,”
stated Pete Casella, Senior Companion and Co-Head of Fintech investments at Point72 Ventures.
“We’re excited to assist the corporate on their mission in the direction of increasing the funding universe for his or her purchasers.”
Patrick Loepfe
“We have now all the time been a strongly technology-focused firm and have labored exhausting to create what we imagine is a novel securitization platform that provides purchasers unmatched simplicity, effectivity and costeffectiveness,”
stated Patrick Loepfe, Co-Founder and Chairman of GenTwo.
“With its expertise in not solely fintech but in addition AI, Point72 Ventures is the right associate to assist us do much more.”
GenTwo plans on utilizing the funding to develop internationally and additional develop the corporate’s monetary engineering platform.
Featured picture credit score: Philippe A. Naegeli, CEO and Co-Founding father of GenTwo.
