Xen Capital, a zero-upfront fee platform that offers wealth advisors and asset managers a transparent alternative investment marketplace, has raised $7.5m in Series A funding.
The round was led by Headline Asia (formerly known as Infinity Ventures).
Xen Capital is a financial technology company that provides a digital client management solution to simplify the product distribution and fund management process for Wealth Advisors and Asset Managers. The platform provides a digital interface to KYC/onboard investors, automates the manual process related to closing subscriptions, and manages fund subscription and reporting.
Xen Capital said it has processed more than $200m of transaction volume in private market deals through its platform in the last 12 months.
Katrina Cokeng, Xen Capital’s CEO and co-founder, said, “We are excited to be partnering with Headline to usher in the future of alternative investments. This new round of funding enables us to make our white-label portal freely available to wealth advisors and asset managers in Asia. More importantly, we are building the ecosystem for market participants to close high-quality deals at scale.”
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