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Singapore’s Luminor Capital backs Swiss trading platform Next Generation Finance Invest

22 Jan 2014

Singapore private equity firm Luminor Capital has committed CHF5.5m ($6m) to Swiss financial trading platform Next Generation Finance Invest.

The investment will mainly to be used as growth capital with the ambition of becoming a global player in the field of social trading and investment products, the firm said.

Next Generation Finance Invest targets companies which are aim to benefit from megatrends in finance in the field of electronic trading and investment platforms. Its portfolio includes ayondo, Gekko Global Markets, OANDA , StockPulse, yavalu and 2iQ.

Following the new investment, Next Generation Finance Invest will be transformed from an investment company into an operational holding company and delist from BX Berne eXchange.

“We are very happy to welcome Luminor Capital as our new partner. Luminor will support us not only as a financial investor, but through their extensive network in the Asian region will contribute to the further development of the business. The investment proves that the theme of Next Generation Finance» is now attracting institutional investors”, said Robert Lempka, founding partner of Next Generation Finance Invest.

Luminor Capital focuses on global high-growth sectors and is approved under Singapore’s Global Investor Programme (GIP).

Dr FK Foo, co-founder and managing director of Luminor Capital said, “We are pleased to make this investment into NextGFI as we believe that the company could become one of the most significant social trading platforms globally. We are impressed with the company’s management and what they have achieved so far in such a short space of time.”

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