Moonfare receives 125 million US dollars

The investment round is led by the New York-based private equity and venture capital firm Insight Partners.

Moonfare has raised 125 million US dollars. With this latest investment, the Berlin-based start-up now has total funding of 185 million US dollars. Insight Partners has already announced that it will provide Moonfare with operational support and a broad network. This should help to further accelerate the fintech's global expansion.

"We will turn the company into a global champion for private investors in the coming years," hopes Moonfare founder and CEO Steffen Pauls. Matt Gatto, Managing Director of Insight Partners, firmly believes in the young company: "Moonfare has established itself as an international market leader in an extremely large and expanding market in an impressively short space of time."

The fintech offers private investors access to private market funds that were previously only available to institutional investors. Since September, Moonfare has managed assets of one billion euros. The company has thus doubled its assets in just eight months and describes itself as the international market leader in private market funds for private investors. Moonfare already operates in 13 countries in Europe and Asia and has offices in Berlin, Hong Kong, London and Luxembourg. Further locations are to be opened shortly.

The company plans to create over 80 full-time positions. This would double the size of its global team in the technology and product departments alone. Moonfare's last funding round took place in March this year and was led by Fidelity International Strategic Ventures, which also participated in the current round.