Deep Knowledge Group launches fintech event
Deep Knowledge Group, an international consortium of for-profit and non-profit organisations focused on DeepTech and Frontier Technologies, organised a ‘Longevity Fintech & InvestTech’ event to discuss the latest developments in the Longevity and DeepTech private markets. The event was held by the recently launched Longevity Financial Club in London.
One of the main challenges for startups is the liquidity gap whindering the accelerated development of DeepTech and Longevity industries. Deep Knowledge Group aims to reduce existing barriers facing investment in private markets with the upcoming launch of a dedicated InvestTech platform and Longevity Card project.
The InvestTech platform will be an end-to-end solution matching startups with investors. The platform is set to offer innovative LegalTech tools and e-documentation, providing a clear, step-by-step investment process enhanced by additional service integrations such as analytics, IR Management and corporate payment solutions.
Deep Knowledge Group announced at the event an upcoming partnership between the platform and Longevity Card, a FinTech company that provides a Longevity-focused marketplace that combines the most modern validated HealthTech, AgeTech and FinTech solutions for users wishing to live healthier, longer lives and remain financially stable.
During the event, Dmitry Kaminskiy, general partner, Deep Knowledge Group, said: “The liquidity gap is the main obstacle to the accelerated development of the DeepTech and Longevity industries.
Given the scope and complexity of the Longevity industry, a specialised stock exchange could be the catalyst to accelerate progress. Bringing together companies, investors and advisers to facilitate the industry’s funding and liquidity needs on a global scale, will encourage further innovation and investments.“
Professor Michael Miller, a member of the World Health Organisation Digital Health Technical Advisory Group (DHTAG) Roster of Experts, spoke about the eHealth and mHealth ecosystem as well as the challenges start-ups and investors face in the industry.
Talgat Takiyev, head of investor relations, Longevity Financial Advisors highlighted the challenges in relation to the liquidity gap, saying: “The current business model of venture capital funds does not support efficient investments in DeepTech and Longevity startups.
Additionally, the global financial system has several gaps, the biggest of which exists between progress in science and technology, and the lack of investments from large financial institutions. Also, Longevity startups are limited to fundraising from Angel syndicates and VC investors.“
The event offered financial industry professionals, investors and startups a platform to discuss the latest trends in Longevity FinTech and InvestTech, and explore the challenges and opportunities within public and private markets.
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