NDIANAPOLIS, Aug. 1, 2018 /PRNewswire/ — FNEX is a fintech enabled investment bank, operating the first and leading alternative investment marketplace FNEX.com. Today FNEX announced that, through its wholly owned broker-dealer, it placed over $2B in 2017, an 82% jump from 2016, and increased its revenue 70%. In 2018, transactions are up an additional 47% and revenue 110% approaching a $20M annual run rate. These placements include allocations into liquid alternative funds, hedge funds and share transactions of high-profile private company stocks, including Lyft, Palantir, SpaceX and others. FNEX has organically grown to over 50 investment bankers and financial professionals in the last 24 months and is actively looking for additional bankers and groups to expand its capital markets team. See FNEXCapital.com for more information.
FNEX plans to expand its SaaS fintech and regtech software platforms for broker-dealers, wealth management groups, asset managers and other advisory groups in need of customized distribution solutions of alternative products for their clients.
“Our relationships with our clients, including advisors, family offices, institutions and accredited investors help us understand their needs. We provide them with meaningful fintech software solutions and alternative investment opportunities that meet their investment objectives and interests,” said Todd R. Ryden, CEO of FNEX. “We have shown that FNEX serves as a vital tool to effectively source investments meeting our clients’ demands in the alternative space. Many investors are seeking opportunities to invest directly into well-known privately held companies. We work with our global network to source these opportunities.”