vestr, a Swiss startup which provides issuers of Actively Managed Certificates (AMCs) fast, flexible, and cost-efficient alternative to investment funds, has closed its Series A led by SIX Group. However, the amount invested has not been shared publicly.
The SIX Group, operator of the Swiss Exchange, led a group of professional investors, including Zuercher Kantonalbank, EquityPitcher, and the European Angels Fund, a sub-fund of the European Investment Fund (EIF). SIX has previously invested in vestr via its Fintech Ventures fund in 2018.
vestr is also a F10 alumni.
The funding will be used to further develop the platform, onboard additional issuers, and become the de-facto market standard for AMC issuers.
Stefan Wagner, Head of Business Development at vestr said,
Bank Julius Baer is an early adaptor of the vestr platform.
Featured Image credit: Simon Hasenfratz, Co-Founder & COO vestr