Alt Investments
Moonfare Hits Milestone
The two-year-old German fintech is seeing the rewards of building a path for individual investors to access the huge private investment market.
Private investments market platform Moonfare reached a milestone this week topping €250 million (£212 million) in alternative assets under management. The private equity backed fintech, launched in Berlin two years ago, has already established a presence in Switzerland, the UK, Luxembourg and Hong Kong as investors widen their search for yield.
Now claiming 5,000 users and an average portfolio size of €480,000, the platform allows individuals to invest in blue chip private equity opportunities with a minimum investment of €100,000 for a competitive fee. The growth of the platform underscores the allure of private equity investment, which has traditionally been the domain of institutional investors carrying a high entry price, but that is rapidly changing through tech and regulatory disruptions and persistent investors. Moonfare typically attracts family offices, bankers, CEOs and entrepreneurs as clients.
“Private markets are now worth ten times that of public markets, and as financial markets change rapidly, private equity funds present investors with the opportunity to access outsized returns,” founder and CEO Dr Steffen Pauls, said.