Venture Kick startup Vestr receives investment
12.11.2018
Vestr, providing asset managers with a fast way to set up a product, is among the first two early-stage startup investments of SIX FinTech Ventures.
 |
 |
SIX FinTech Ventures, the corporate fund of SIX, announced its first two early-stage startup investments. Besides Shift Cryptosecurity, developing hardware and software-based security solutions for cryptocurrencies and blockchains, Venture Kick alumnus Vestr is receiving funds.
The startup, incorporated in December 2017, facilitates the creation and life-cycle management of Actively Managed Certificates, a flexible and cost-effective alternative to investment funds. The founders believe that every portfolio manager should be able to start his own fund, only needing one good investment idea.
Other than traditional funds which require millions and an elaborate legal setup, the Vestr platform allows asset managers to set up their products in a short time and with very little seed money. It takes care of trade executions, customized reportings and lifecycle management of AMCs. Vestr passed Venture Kick stage 1 in 2017.
The startup, incorporated in December 2017, facilitates the creation and life-cycle management of Actively Managed Certificates, a flexible and cost-effective alternative to investment funds. The founders believe that every portfolio manager should be able to start his own fund, only needing one good investment idea.
Other than traditional funds which require millions and an elaborate legal setup, the Vestr platform allows asset managers to set up their products in a short time and with very little seed money. It takes care of trade executions, customized reportings and lifecycle management of AMCs. Vestr passed Venture Kick stage 1 in 2017.