Banking institution, Fonds Depot, broadens its scope of legal responsibilities.
Fondsdepot Bank and Moonfare Partnership Simplifies Private Equity Investments for European Investors
In a significant move for the European financial landscape, Berlin-based Fintech Moonfare and German digital asset custodian Fondsdepot Bank announced a partnership in July 2021. This collaboration aims to make private equity investments more accessible for institutional and private investors across Europe.
Collaboration and Benefits
Moonfare integrated Fondsdepot Bank’s custodial services into its platform, allowing for the safekeeping and administration of private equity investments for its clients. This partnership offers several advantages:
- Investors on Moonfare can now subscribe to private equity funds with custody services provided directly by Fondsdepot Bank, enhancing security and regulatory compliance.
- The fully digital onboarding and investment process reduces paperwork and increases convenience for investors.
- Investors also benefit from Fondsdepot Bank’s regulated custody infrastructure, boosting transparency and trust.
Geographic Expansion
Initially focused on Germany, the partnership has paved the way for Moonfare to extend its offering to other European countries. Moonfare has since expanded to Italy, Austria, and Luxembourg, leveraging Fondsdepot Bank’s infrastructure and widening their European investor base.
Regulatory Compliance
Moonfare adheres to the same regulatory standards as the world's largest asset managers, insurers, and institutional investors. The Berlin-based Fintech does not compromise on regulatory compliance, ensuring a secure and reliable investment environment for its clients.
Growth Milestone
This partnership marks a significant growth milestone for Moonfare, as it allows the company to expand its operations into eleven new European countries. The collaboration aims to leverage Fondsdepot Bank's expertise as Moonfare expands across Europe.
First Steps in Private Equity Distribution
For the first time, Fondsdepot Bank is taking on the distribution of private equity stakes under its umbrella through this partnership with Moonfare. This move opens up a new chapter in the bank's history, further solidifying its position as a leading player in the digital asset custody sector.
Sebastian Henrichs, CEO of Fondsdepot Bank, and Lorenz Jüngling, CEO of Moonfare, both emphasize the significance of this partnership in supporting Moonfare's European expansion and fostering a more accessible private equity market for European investors.
In the partnership between Fondsdepot Bank and Moonfare, the integration of Fondsdepot Bank's custodial services into Moonfare's platform facilitates finance transactions within the business and fintech industry, particularly in private equity investments for European investors. This collaboration, further strengthening Fondsdepot Bank's role as a leader in the digital asset custody sector, has enabled Moonfare to extend its business and operations into multiple European countries.
