Xen Capital raises US$7.5m to scale alternative investment platform

By Leandra Monteiro

Xen Capital announces it has raised US$7.5 million in a Series A round led by Headline Asia (formerly known as Infinity Ventures) to scale its B2B2C alternative investment platform. Xen Capital has created an open architecture client management platform for wealth advisors and asset managers, to solve the problem of distribution at scale.

Xen Capital has processed more than US$200 million of transaction volume in private market deals through its platform in the last 12 months.

“We know the private markets will be disrupted. Headline finds value in building the ecosystem where all private market participants are able to transact with one another in a secure, seamless, and transparent manner. The team at Xen has built a platform to service this need. We are excited to partner with Katrina to bring this vision to market,” said Akio Tanaka, managing partner at Headline Asia.

Xen Capital is the first FinTech company to build a permission-based marketplace for alternative investments. Wealth advisors have their own branded client portal with virtual data rooms, electronic subscription for selected products, digital KYC/AML onboarding protocols, and reporting modules. Wealth advisors are able to gain access to the broader marketplace of private market deals and distribute products to their client base.

“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,” said Katrina Cokeng, Xen Capital’s CEO and Co-Founder.

Xen Capital has 37 employees across 7 offices including Singapore, Hong Kong, Shenzhen, and Dubai. It has wholly owned subsidiaries regulated by the Monetary Authority of Singapore and the Securities & Future Commission of Hong Kong.