Xen Capital, a Singapore-based B2B2C alternative investment platform, has raised US $ 7.5 million in Series A funding.
The tour was led by Headline Asia (formerly known as Infinity Ventures).
The company intends to use the funds to scale its platform.
Led by Katrina Cokeng, CEO and Co-Founder, Xen Capital provides an authorization-based marketplace for alternative investments, which leverages an open architecture client management system to empower wealth advisers and asset managers Access a digital interface for KYC / onboard investors, automate the manual process of closing subscriptions, and manage subscriptions and fund reports.
The platform has processed over US $ 200 million in private market transaction volume through its platform in the past 12 months.
The company 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.