Abu Dhabi Global Market (ADGM)-based digital wealth management firm, FinaMaze, has launched its disruptive product which allows investing in Smartfolios linked to the leading MENA Venture Capital (VC) funds.
FinaMaze’s latest smartfolio, “FinaMaze Top VC Booster,” is designed to open up the world of VC investments to individual qualified investors. They can start investing from as little as $10,000 in the smartfolio that allocates funds to MENA VC at its discretion.
This is the first time a digital wealth manager in the MENA region is providing clients with access to a highly in-demand alternative asset class. Previously, it was only available to institutional and accredited investors with large sums of money to invest in appealing and profitable private market investments.
“Following the launch of our Cryptocurrencies and Blockchain-linked Smartfolios a few months back, we pursue our ambition to bring to our forward-looking clients the most innovative solutions that suit their healthy diversification needs. VCs and Private Equity funds have always been a highly desired asset class that was confined to the institutional and accredited investors committing considerable amounts.”
Mr. Fichtali also added that “these non-publicly traded private equity funds invest capital in companies or projects with a long-term view with often decent returns but are virtually unavailable to the five-digit investors. FinaMaze prides itself in creating VC portfolios accessible to its investors. The first of these portfolios will be dedicated to a top VC leader in the region, with a proven track record as an early investor in a number of MENA unicorns.”
FinaMaze is regulated by ADGM’s Financial Services Regulatory Authority (FSRA) and holds a category 3A financial license and is part of Abu Dhabi’s Fintech 100, the world’s top Fintech startup.