The fintech company i2 invest has successfully completed a financing round at which private investors took part. The company managed to raise $1.44 million (CHF 1.3 million). With the money raised, i2 invest intends to enable the launch of two funds in autumn.
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i2invest has raised fresh capital
The startup, founded in 2017 by four young entrepreneurs, received a total of $1.44 million (CHF 1.3 million) from business angels. According to a press release, the Zug-based fintech company intends to use these funds to promote its growth and expand its team. In addition, the launch of two funds is to be supported this autumn.
For each of these funds, $11 million (CHF 10 million) of seed capital is to be provided. One fund will focus on financing loans with valuable collateral such as car, agricultural or software development loans. In the second project, i2 invest will help a Liechtenstein asset manager to bundle the best SME loans from Switzerland, Austria, Germany and Liechtenstein available on marketplaces into one fund.
“This project is a matter close to our hearts,” co-founder and CEO Gregor Stadelmann is quoted in the press release. “We are delighted to be able to exert a positive influence on the domestic business environment.” The two funds, as well as others in development, are intended to be available to “qualified investors from Europe.”
Within the scope of this financing round, Christopher Bödtker will become a member of the board of directors of i2invest. Bödtker sold his private equity asset management company Akina to Unigestion in 2017 and has been a partner there ever since.
i2invest offers software solutions that collect and evaluate investment data on platforms for lending
This serves professional investors. The goal is to build a bridge between the offer of digital credit intermediaries and qualified investors who want to invest diversified in marketplace lending. Since its foundation, i2invest has invested in over 30 marketplaces worldwide. One year ago i2 invest successfully completed an early stage financing round.
The proprietary software from i2 invest selects data-based and automated from hundreds of thousands of loans worldwide that are to optimize the risk-return ratio of the portfolio. A maximum of $221 (CHF 200) is invested per loan. The software enables a very high degree of diversification across countries, credit types and end debtors. The average duration of the portfolio is less than 12 months.
The company was founded in 2017 by Gregor Stadelmann, Marco Müller, Markus Benz and Dominik Hertig. Since January 2018 i2 invest has built a track record with investor money. The investment products will shortly be opened to qualified investors who are looking for steady returns in the low interest rate environment. “With i2 invest we are opening up a new asset class for asset managers who do not spend hours every day dealing with the details of marketplace lending platforms and still want to skim off the interesting returns,” said Gregor Stadelmann, CEO of i2 invest.
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First published in punkt4info, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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