PECULIUM Obtains $10 Million Capital Commitment from Global Emerging Markets (GEM)
Ile de France, Nanterre–(Newsfile Corp. – May 5, 2022) – French FinTech company PECULIUM, today announced a €10 million investment commitment from GEM Global Yield LLC SCS (” GEM”), a $3.4 billion Luxembourg-based private alternative investment group focused on emerging markets with offices in Paris, Nassau (Bahamas) and New York. Prior to this capital injection, PECULIUM raised $8 million through an initial coin offering (ICO) in 2018 and a seed round in 2020 led by Chatila Rais investments and joined by Trendigm and a few others.
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PECULIUM has developed a full suite of AI-powered investment management tools on the blockchain with a focus on bringing 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 that it assigns to each user after a suitability assessment. PECULIUM is an official broker partner with a handful of the world’s most reputable exchanges, including Binance, Huobi, and OKX. More exchanges will be added in the near future.
Today, saieve.io is a web application that plans to go fully mobile within six months. More than $4 million in user funds are connected to the app, with the goal of increasing assets under management (AUM) to more than $50 million by 2022. The company says experienced and new traders can easily put their wallet on autopilot by connecting their favorite crypto exchange to the SAIEVE app. Until now, PECULIUM had grown its business organically without any formal marketing expenditure.
PECULIUM plans to use the funds to double its employee base of 16 people over the next 12 months, invest in user acquisition, growth and marketing, including onboarding a new director of marketing and will be looking to hire for its cutting edge technology and product. development teams.
PECULIUM is also engaged either as a technology partner or principal in a very strong pipeline of new developments that will surely establish PECULIUM as an important player within the growing AI-powered Fintech and DeFi industry.
In addition, PECULIUM files “financial investment advice (CIF)” and “Digital Assets Service Provider (PSAN)” agreements with the Autorité des Marchés Financiers in order to expand its product offering. “We’re going to continue to evolve our platform away from automating strategies and giving people this easy investing platform to actually offer structured products like risk-adjusted portfolios and give advice. investments curated to individuals based on their risk tolerance and life goals.We’re going beyond just a “cool crypto portfolio manager” to become a fully-fledged regulated digital asset wealth advisor PECULIUM’s award-winning, state-of-the-art platform will help clients easily manage their crypto wealth by giving them access to financial planning capabilities, crypto banking, and investment management solutions.
“We are very much looking forward to setting up the GEM facility. This facility will allow us to grow our business and launch a new era of PECULIUM with higher ambitions.
“Thanks to GEM’s investment, we will establish our presence in Europe and expand in Western and Eastern European countries. Thus, we will expand and implement our international strategy of market. I am very happy to see that our hard work is materializing and I look forward to further developing our services,” says Bilel BEN TANFOUS Deputy General Manager, PECULIUM.
With this fundraising, PECULIUM’s digital-only platform suitable for next-generation affluent investors will accelerate its growth ambitions in Europe, expand the company’s reach to affluent investors, and broaden 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 across 5 continents .
GEM’s investment vehicles offer the group and its investors a diversified portfolio of asset classes that span the global private investment spectrum.
Each investment vehicle has a different degree of operational control, risk-adjusted return and liquidity profile. Our family of funds and investment vehicles provides GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities (PIPEs) and certain venture capital investments.
More information about the company on gemny.com.
Bilel Ben Tanfous
PECULIUM has always been a company concerned with democratizing access to investment opportunities previously reserved for 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 players.
PECULIUM has developed saieve.io, a crypto asset management and investment platform that connects to exchange accounts and gives users instant access to approved trading strategies and investment portfolios . Founded to simplify trading strategy for users without any technical background, PECULIUM offers a growing offering of automated investment products.
Our goal is to reduce inequality in the global traditional financial system by enabling anyone, regardless of how much capital they hold, to have access to some of the best investment opportunities. PECULIUM is a cost-effective equalizer 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 designed to give back to our loyal community of investors, while encouraging long-term, predictable, and mutually beneficial investment positions in SAIEVE investment products. The token is issued to PECULIUM investors who choose to lock up (or stake) their assets under management for predefined periods of time, contributing to expected incremental returns on investments within the universe of investment products. By having greater certainty as to how long investment positions in PECULIUM investment products will be held, opportunities to generate better investment returns become available.
PCL acts as an indirect revenue-sharing mechanism because it derives its value from product fee rebates that are used to buy and destroy PCL on the open market (so-called buy-and-burn). Parallels can be drawn between buy-and-burns and the phenomenon of share buybacks in traditional markets.
More information about the company at [email protected]
Web app: https://www.saieve.io
Email: [email protected]
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