SINGAPORE, December 5, 2021 / PRNewswire / – Xen Capital announces having raised US $ 7.5 million in a Serie A round led by Big title Asia (formerly known as Infinity Ventures) to evolve its B2B2C alternative investment platform. Xen Capital has created an open architecture client management platform for wealth advisers and asset managers to solve the problem of large-scale distribution.
Xen Capital has processed more than $ 200 million the volume of transactions on the private markets via its platform over the last 12 months.
“We know private markets will be disrupted. Headline finds value in building an ecosystem where all private market participants are able to deal with each other in a secure, transparent and transparent manner. The Xen team has built a platform to answer it. We are excited to partner with Katrina to bring this vision to market.,” noted Akio Tanaka, Managing Partner at Headline Asia.
Xen Capital is the first fintech company to create a permission-based marketplace for alternative investments. Wealth Advisors have their own branded client portal with virtual data rooms, electronic subscription for selected products, KYC / AML digital integration protocols and reporting modules. Wealth advisers are able to access the larger private market transaction market and distribute products to their clients.
“We are delighted to partner with Headline to usher in the future of alternative investing. This new funding cycle allows us to make our white label portal available free of charge to wealth advisers and asset managers in Asia. Most importantly, we are building the ecosystem for market participants to complete high-quality transactions at scale, ”said Katrina Cokeng, CEO and Co-Founder of Xen Capital.
Xen Capital has 37 employees in 7 offices, including Singapore, Hong Kong, Shenzhen, and Dubai. It has wholly owned subsidiaries regulated by the Monetary Authority of Singapore and the Securities & Future Commission of Hong Kong.
About Xen Capital
Xen Capital is a financial technology company that provides a digital client management solution to simplify the process of product distribution and fund management for wealth advisers and asset managers. The platform provides a digital interface to KYC / onboard investors, automates the manual process related to closing subscriptions, and manages subscriptions and fund reports. With an increasingly digital savvy investor landscape, Xen Capital enables wealth advisers and asset managers to expand their distribution networks and access the most relevant transactions at scale. To find out more, visit xencapital.com.
About the title
Headline is an international venture capital firm with offices in Beijing, Berlin, Paris, São Paulo, San Francisco, Taipei, and Tokyo with a combined AUM of more than USD $ 2 billion. Big title Asia focuses on early stage internet companies, with investments in over 100 startups and nine IPOs. Since its inception, Headline Asia has grown alongside its portfolio companies to create leading innovators and unicorns including Groupon, Farfetch, WealthNavi and 17LIVE. To find out more, visit titre.com.
SOURCE Xen Capital