PECULIUM Secures 10 Million Capital Commitment from Global Emerging Markets (GEM)
Ile de France, Nanterre--(Newsfile Corp) - The French FinTech company PECULIUM, we announced a €10 Million investment commitment from GEM Global Yield LLC SCS ("GEM"), the $3.4 Billion, Luxembourg based, private alternative investment group that focuses on emerging markets with offices in Paris, Nassau (Bahamas) and New York. Prior to this capital infusion, PECULIUM raised $8 million through an Initial Coin Offering (ICO) back in 2018 and a seed round in 2020 led by Chatila Rais investments and joined by Trendigm & few others.
PECULIUM has developed a full range of AI-powered investment management tools on the blockchain focusing to bring savings management to everyone. PECULIUM has built saieve.io, a Wealth App, which, currently, acts as a layer on top of a user's existing crypto brokerage account, offers a range of active investment strategies, and in the near future, pre-built portfolios called "baskets" based on themes and a risk score it assigns to each user after they take a suitability assessment. PECULIUM is an official broker partner with a handful of the most reputable exchanges in the world, including Binance, Huobi, and OKX. More exchanges will be added in the near future.
Today, saieve.io is a web-based application with plans to go fully mobile within six months. Over $4 million in user funds are connected to the app, with the goal of growing assets under management (AUM) to more than $50M in 2022. The company says experienced and new traders alike can easily put their portfolio on autopilot by connecting their favorite crypto exchange to SAIEVE App. Until now, PECULIUM had grown organically its business with no formal marketing spend.
PECULIUM plans to use the funds to double its 16-person employee base in the next 12 months, invest in user acquisition, growth, and marketing, including the onboarding of a new chief marketing officer, and, will look to make hires for its deeptech and product development teams.
PECULIUM is also engaged either as a technology partner or as a principal in a very strong pipeline of new development that surely will establish PECULIUM as a strong player within the growing AI-powered Fintech and DeFi industry.
Moreover, PECULIUM is depositing "conseil en investissement financier (CIF)" and "Prestataire de Service en Actifs Numériques (PSAN)" agreements with the French Regulator (Autorité des Marchés Financiers) in preparation to widen its product offerings. "We're going to continue to evolve our platform away from automating strategies and giving people this easy investment platform into actually offering structured products like risk-adjusted portfolios and giving curated investment advice to individuals based on their risk tolerance and life goals. We're moving beyond just a 'cool crypto portfolio manager' to a true, regulated digital asset wealth advisor. PECULIUM's award-winning, state-of-the-art platform will help clients easily manage their crypto wealth by providing access to financial planning capabilities, crypto banking services, and investment management solutions.
"We are very much looking forward to implementing the GEM facility. This facility will put us in a position to develop our business and kick off a new era of PECULIUM with higher ambitions.
"With GEM's investment, we will establish our presence in Europe and expand into Western and Eastern European countries. Thus, we will scale and implement our international go-to-market strategy. I'm very happy to see that our hard work is being materialized and I'm looking forward to further developing our services," says Bilel BEN TANFOUS Deputy CEO, PECULIUM.
Through this fundraising, PECULIUM's digital-only platform tailored to next-gen affluent investors will accelerate its growth ambitions in Europe, broaden the firm's reach among affluent investors and expand its distribution and capabilities.
Global Emerging Markets ("GEM") is a $3.4 billion alternative investment group that manages a diverse set of investment vehicles focused on emerging markets and has completed over 480 transactions in 70 countries from 5 continents.
GEM's investment vehicles provide the group and its investors with a diversified portfolio of asset classes that span the global private investing spectrum.
Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile. Our family of funds and investment vehicles provide GEM and its partners with exposure to Small-Mid Cap Management Buyouts, Private Investments in Public Equities (PIPEs), and select venture investments.
More company info at gemny.com.
Bilel Ben Tanfous
PECULIUM has always been a company driven to democratize access to investment opportunities previously only available to the very wealthy. The development of blockchain technology has been a key factor in enabling this ongoing financial revolution. But blockchain goes beyond offering a more efficient replica of the traditional financial ecosystem-it enables new business models that are better aligned with the incentives of all market participants.
PECULIUM has developed saieve.io, a crypto investment and asset management platform that connects to exchange accounts and allows users to instantly access vetted trading strategies and investment portfolios. Founded to simplify trading strategy for users without any technical experience, PECULIUM has a growing offering of automated investment products.
Our purpose is to reduce the inequality across the world’s traditional financial system by allowing anybody, no matter how much capital they hold, to have access to some of the best investment opportunities. PECULIUM is an economic equalizer that is powered by PCL, the cornerstone of our ecosystem. The launch of the PECULIUM Token (PCL) was another major step in this direction for PECULIUM. It is a community token that is designed to give back to our loyal community of investors, whilst incentivizing long-term, predictable, and mutually beneficial investment positions in SAIEVE Investment products. The token is issued to PECULIUM investors who opt to lock up (or stake) their Assets under management for predefined periods—contributing to additional expected returns on investments within the Investment products universe. By having greater certainty about the duration that investment positions in PECULIUM investment products will be held, opportunities for generating improved investment returns become available.
PCL acts as an indirect revenue-sharing mechanism as it derives its value from rebates on product fees that are used to purchase and destroy PCL from the open market (so-called buy-and burns). Parallels can be drawn between buy-and-burns and the phenomenon of share buybacks in traditional markets.
More company information at [email protected]
Web Application: https://www.saieve.io
Email: [email protected]