Moonfare launches its digital private markets investing platform in the UAE

By Joy Dumasia

Moonfare, the private equity investment platform, announced that it had launched operations in the United Arab Emirates (UAE). Individual investors of all seven emirates, with the exception of the DIFC and ADGM, now have access to top-tier private equity funds via the Moonfare platform. The news follows a recent announcement about the Berlin-based FinTech achieving €2b assets under management, doubling assets in less than a year.

By lowering entry minimums, Moonfare enables individuals to invest directly into pre-vetted private equity funds that were formerly only accessible to institutional investors. UAE citizens can invest in the Moonfare portfolio at entry minimums of only $60,000. By entering the UAE, Moonfare can further consolidate its role as the global leader of digital private market investment platforms.

“We are very excited to have achieved this important milestone and to realise Moonfare’s expansion into the UAE. We see enormous growth potential in this region,” said Steffen Pauls, CEO and Founder of Moonfare. “The UAE holds one of the largest pools of private capital globally and is home to increasing numbers of high-net-worth individuals (HNWIs). This group is looking for new opportunities to diversify their portfolios and is showing strong demand for better digital offerings when it comes to wealth management. The Moonfare platform, with its easy and quick digital experience, is ideally structured to meet  these demands.”

As a study conducted by KPMG shows, HNWIs in the UAE are demanding digital tools and technologically advanced platforms when it comes to wealth management. The Moonfare platform meets these demands; it ensures an easy-to-use and secure experience, allowing investors to manage their investments wherever they are. Everything is done on the platform, from accessing fund information to KYC, client onboarding and digital reporting.

Additionally, the Moonfare offering is unique in the region, giving investors and their advisors for first-time access to top-tier private equity and venture capital funds at low minimums. Moonfare can offer clients an unparalleled portfolio through strong partnerships with renowned fund managers, including funds from industry giants such as KKR, The Carlyle Group, Permira, EQT or Insight Partners.