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Hedge fund boss Cohen’s VC firm leads GenTwo Series A round

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GenTwo, a Swiss-based B2B Fintech platform specialised in securitisation of bankable and non-bankable assets, has raised $15m in a Series A led by US-based Point72 Ventures, the VC associate of Steve Cohen’s hedge fund firm Point72 Asset Management.

In conjunction with the investment, Pete Casella, Senior Partner and Co-Head of Fintech investments at Point72 Ventures, joins GenTwo’s board of directors.

Founded in 2018 in Zurich, GenTwo has built a financial engineering network centred around its proprietary GenTwo PRO platform, allowing investment professionals to securitise and bring to market any asset or investment strategy in the form of a bankable security.

With GenTwo, previously alternative and non-bankable assets such as real estate, fine art or digital assets can be made accessible to all investors.

To date, the company has served more than 250 clients in 26 countries to launch well over 1,200 investment products and has more than $3bn under service.

GenTwo plans on using the funding to expand internationally and further develop the company’s financial engineering platform.

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