An Open Digital Platform to Raise Equity Capital
Tokenestate & CashSentinel announce their collaboration to bring private Swiss digital securities to market.
Tokenestate and CashSentinel announce their collaboration to enable the issuance of Swiss ‘Digital Securities’, which are regulated financial instruments represented by digital blockchain assets.
Tokenestate, a FinTech & RegTech startup founded in 2018 in Geneva and Neuchâtel, is pioneering the model of Direct Public Offering by means of digital securities.
By using the Tokenestate solution, asset managers, companies & startups can easily issue their own digital securities and offer them to retail investors in Switzerland and other geographies.
“By taking advantage of the Swiss regulation and blockchain technology, any company can directly perform an equity issuance, without having to hire an investment banker or a broker, and raise capital from thousands of investors in Switzerland and in other countries”. says Vincent Trouche, CEO of Tokenestate. “We’re witnessing the disintermediation of the issuance and exchange of securities. And Switzerland offers a competitive regulatory environment to build a global platform”.
CashSentinel, a Fintech specialized in escrow and e-commerce payment solutions, started operating in Switzerland in 2015, and expanded to Europe in 2017.
The Tokenestate solution relies on the CashSentinel platform for client onboarding, AML/KYC Compliance and payment processing.
“Tokenestate solves a known pain-point in the industry with its innovative digital security platform. The applications of the technology are numerous and the growth potential tremendous.”, says Sylvain Bertolus, CEO CashSentinel. “We have built extensive expertise in the fields of client onboarding and compliant payment processing through API. After a first white-label implementation for Worldline | SIX Payment Services, CashSentinel is delighted to provide this expertise to Tokenestate and to support the team in this fascinating journey.”
A collaboration between two western Switzerland FinTechs
Both companies are based in the Lake Geneva area, and exemplify the advantages of collaborating to quickly bring innovative products to market.
CashSentinel provides client onboarding, AML/KYC and payment processing services via an API, which is integrated on the Tokenestate platform. “Any company willing to use our services will have a seamless KYC & AML process. And user experience is king.” says Vincent Trouche.
“Our expertise has raised interest from various players in the e-commerce space. It makes tremendous sense for us to reap economies of scale by offering our services within other platforms.” completes Sylvain Bertolus.
About Tokenestate SA
Tokenestate is a Swiss company dedicated to the financing of companies and real estate assets using digital securities. It developed a cutting-edge Software-as-a-Service (SaaS) platform combining blockchain technology, digital signatures and legally sanctioned processes. With the Tokenestate platform, companies can legally & efficiently raise funds, bring liquidity to their shares, and manage investors. Tokenestate: Investing Made Simple. More info on https://tokenestate.io/
About CashSentinel SA
CashSentinel operates an escrow and e-commerce payment platform that enables trust between parties to online transactions. Initially active in the automotive transaction domain, the company expanded its scope in 2018 to serve diverse clients such as AutoScout24, Ewigo, Société Générale, Worldline | SIX Payment Services and now Tokenestate. CashSentinel processed over CHF 27 million in client transactions in 2018, and forecasts to process over CHF 100 million in 2019.
Since its commercial debut in 2015 in Switzerland, the company has won numerous awards, such as the TOP 100 Swiss Startup award, Venture Kick and the Swisscom Startup Challenge. After graduating from the F10 Incubation and Acceleration program in 2017, the company was cited in September 2018 as “one of the most interesting and exciting players in the Swiss Fintech Space” by Forbes.
Press contacts
hello@tokenestate.io
media@cashsentinel.com
