Tech Innovators 2016: WiseAlpha Technologies

WiseAlpha is an online investment platform that offers members opportunities to invest in an asset class that has largely been unaccessible for the larger investment community.

CEO Rezaah Ahmad outlines the company’s two-year history and future growth plans.

From the first round of Tech Invest four short years ago to now, 19 of the presenting companies have raised funding, two floated on AIM and two have been acquired. GrowthBusiness presents the top 13 Tech Innovators of the year.

WiseAlpha Technologies – a snapshot

WiseAlpha is the first online marketplace allowing individuals to invest in secured corporate loans of major British companies. Its online investment platform offers members access to senior secured loan investments yielding on average 5 to 8 per cent in some of the UK’s leading companies.

Until now, the corporate loan market has remained largely untransformed by technological innovation but WiseAlpha is now making this asset class accessible to a wider investment audience.

Based in: London

Founded in: 2014

No. of employees: 4

Presenting at Tech Invest: Rezaah Ahmad, CEO and founder

Rezaah is an entrepreneur who started his career in the M&A and Leveraged Finance teams at Deutsche Bank, where he helped structure and execute numerous multi-billion debt financing and advisory transactions. He then worked at a fund investing in senior secured loans, high yield bonds, credit derivatives, equity and distressed debt.

Products

Secured corporate loans yielding between 5 to 8 per cent

Recent technology

An internal private market-based system and back-end administration system catered for WiseAlpha’s market

Recent milestones

  • Built and tested the WiseAlpha lending platform
  • Recently carried out first successful transactions and is now about to embark on a marketing effort
  • Operations and relationships in place with global investment banks

Upcoming milestones

  • Close to launching the secured bonds product
  • Planning to launch a more sophisticated version of the secondary market

Alliances

  • Two major global investment banks
  • Forming a partnership with an online retail bank and various SIPP providers

Investors

High-networths and the crowd

Contact details

14 Bonhill Street, London, EC2A 4BX
Tel: +44 203 475 5303
Email: rezaah@wisealpha.com
Website: www.wisealpha.com

Praseeda Nair

Praseeda Nair

Praseeda was Editor for GrowthBusiness.co.uk from 2016 to 2018.

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