Vestr Closes Series A Led by Six Group

Vestr Closes Series A Led by Six Group

by July 20, 2020
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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.

Stefan Wagner

Stefan Wagner

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

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