FinTech: Swiss Asset Securitization Fintech GenTwo Raises $15M

September 5, 2023 | FinTech, News, Venture Capital

The Series A round was led by hedge fund luminary Steve Cohen’s US-based Point72 Ventures.

GenTwo, a Swiss B2B Fintech platform specializing in securitization of bankable and non-bankable assets, has secured a USD 15 million Series A funding round led by Point72 Ventures from the US. Following this investment, Pete Casella, Senior Partner and Co-Head of Fintech investments at Point72 Ventures, joins GenTwo’s board of directors.

GenTwo, founded in Zurich in 2018, has created the GenTwo PRO platform, a financial engineering network enabling easy securitization of various assets and investment strategies as bankable securities. This innovation opens up access to previously non-traditional assets, like real estate and digital assets, estimated at a global value of over USD 78 trillion.

GenTwo’s offerings cater to asset managers and clients seeking diversified and actively managed portfolios. The firm has served over 250 clients in 26 countries, launching over 1,200 investment products and managing more than USD 3 billion in assets.

Point72 Ventures is an international venture capital fund with offices in New York and Menlo Park, California. The company’s investment portfolio spans from $250,000 to $50 million, covering a wide spectrum from pre-seed stage to pre-IPO investments.

The funding will support GenTwo’s international expansion and further development of its financial engineering platform.

Related Story:  JPMorgan Chase Hikes Stake In Brazilian Digital Bank C6 To 46%

Image Credit: GenTwo

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Digital Assets: Epic Lays Off 830 Employees As Metaverse Underperforms
September 29, 2023     Digital Assets, News

Earlier today, Tim Sweeney, the head of Epic Games, shared an email with the company’s employees, announcing some significant changes within the organization. In this message, Sweeney discussed the necessity…
Artificial Intelligence: Mysterious US-Based Books3 Dataset Used To Train AI Was A Massive Trove Of Pirated Books
September 29, 2023     Artificial Intelligence, Latest News, News

Thousands of books penned by some of Australia’s most esteemed authors may have fallen victim to what Booker prize-winning novelist Richard Flanagan has described as “the biggest act of copyright…銅鑼灣_Causeway_Bay_銅鑼灣時代廣場_Times_Square_office_Tower_One_阿里巴巴_Alibaba_Hong_Kong_June_2022_Px3_03.jpg
FinTech: Ant’s Chongqing Consumer Finance Arm Raising $616M To Ramp Up Loans
September 29, 2023     FinTech, News

Chongqing Consumer Finance, the consumer finance arm of Ant Group, a prominent player in China’s financial technology landscape, is currently in the process of raising a substantial sum of fresh…
Venture Capital: Mercury’s Fund V Mops Up $160M For US Startups “Between The Coasts”
September 29, 2023     News, Venture Capital

Mercury Fund, the premier early-stage venture firm with a focus on non-coastal tech hubs, has successfully closed its largest fund to date, Mercury Fund V, with a total capital commitment…