A venture investment mobile app, Raison strengthens its brand by merging with an international investment company, Raison Asset Management. With the upcoming launch of a brokerage firm later this year, the platform aims to become a one-stop new-generation wealth management solution.
Since the launch of SpaceX’s shares sale on DLT in 2019, the mobile app Raison provides retail investors with the unique opportunity to invest in big private tech companies, such as ConsenSys, Kraken, and Neuralink, in a few clicks. Thanks to fractional shares, the entry ticket is only lowered to a few US dollars, enabling users to build off a diversified venture portfolio with any amount of capital. Raison has 30 000+ users from 34 countries as of today.
Given the merger, the company now aims to transform the wealth management market by providing a high variety of investment tools for both retail and HNWI investors. Raison app users with considerable capital will get access to exclusive venture capital & private equity deals along with third-party shared accounts to easily work with private asset managers, financial and tax advisors (the latter tool is under early development).
For all users, the new app’s features will include stock market integration, virtual assets exchange, and alternative investments (art, property) as well as tracking all personal assets through different platforms in a single interface. The new development strategy is being timely brought to the market under the current economic turmoil, which forces investors to think through their financial decisions in depth.
Alex Zaitsev, CEO, and co-founder of Raison: “In the current uncertainty on financial markets, we see an urgent need for solutions that help investors to comprehensively evaluate their financial statement and to make informed investment decisions. We have been steadily moving toward such a tool for a long time. The team has been preparing to initiate the merger of the businesses as smoothly as possible. Almost all the major industries in the world are adopting digitalization, convenience, and simplicity of their services. We will move on following this progress.”
To bring this new strategy to life, Raison FinTechnologies Inc. — which wholly owns the Raison app’s developer RSN Finance OÜ — announces a merger. US-based Raison FinTechnologies Inc. acquired 100% shares of international investment company Raison Asset Management Corp.
Raison Asset Management, regulated by US SEC and FSC BVI and headquartered in Estonia, provides investment advisory and management services to HNWI clients. The company runs a venture fund that, from 2019, invested in more than 30 tech private companies.
Till the end of this year, Raison FinTechnologies Inc. is also planning to launch Raison Securities, which is now going through a registration process in the Central Asia business capital Kazakhstan and obtaining a broker/dealer and investment adviser license with AFSA (Astana International Financial Centre). The license allows Raison to provide brokerage services on the global market, including the primary geographical targets Europe and CIS.
With an enhanced go-to-market strategy, the unified brand Raison also got a new visual identity. Raison FinTechnologies Inc. has recently started a fundraising process for enlarging the team and empowering marketing opportunities. At the end of 2021, the platform closed its biggest funding round yet, reaching an $11.5M valuation.
