ayondo

company

About

RSQ Technology Ventures GmbH - Legacy heritage and since 2019 benefitial owner of the asset portfolio associated with the brand ayondo.

Details

Last Funding Type
Secondary Market
Industries
Cryptocurrency,Finance,Financial Exchanges,Financial Services,FinTech,Marketplace,Social Network,Stock Exchanges,Trading Platform
Founded date
Jan 1, 2008
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
RSQ Technology Ventures GmbH ("RSQ")
Also Known As
ayondo

A new era of Investment Opportunities is directly associated with the Brand ayondo. Incorporated in 2008 the Technology provider ayondo GmbH (Germany) became quickly an Important player in Europe, offered Retail clients a broad portfolio of Social Trading Services. Through various investment rounds a Holding structure has been established where the Key Asset and most valuable Revenue driver Social Trading unit was utilized as Eponym for the entire group.

The most important milestone was reached in 2017, as a Subsidiary of ayoundo GmbH got the first BaFin regulated Digital Asset Manager. ayondo markets Ltd. (former Gekko Markets) a London based sister entity acted as Execution venue. In March 2018 ayondo Ltd - a Singapore domiciled Shell was established as parent entity with the intention to IPO the group entities. Early 2019 due to a shortfall in regulatory capital ayondo markets Ltd became unbalanced and was acquired in a distress sale by BUX B.V. and later rebranded to BUX Markets Ltd.

As collateral damage to the Break-up and a failed restructuring exercise of the Holding, the German Technology Unit had no other choice to file for insolvency. Due to the engagement of a few Key People it was possible to rescue ayondo's asset portfolio through a joint asset and share deal with the Insolvency administrator. Since 2019 RSQ Technology Ventures GmbH is the new beneficial owner of the Intellectual Property in terms of Technology, Brand, Domains, Customer database. RSQ has different business units. It manages its own IP-Licences portfolio, invest into distressed companies, act as startup builder and in case of failed business models it assists in restructuring companies.

Even if RSQ is owner of the brand ayondo it has no relationship with ayondo's former parent Entity, the SGX stock listed ayondo Ltd. 'ayondo' continues as brand name for a unique Technology solutions and for a popular business concept. Amongst other projects RSQ is currently in progress to develop the new vision of Social Investing - a unique marketplace concept.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
S$5M Fr6M
ayondo has raised a total of S$5M Fr6M in funding over 2 rounds. Their latest funding was raised on Apr 28, 2015 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 28, 2015 Series C Fr6M 1 Luminor Capital Detail
Aug 26, 2014 Series C S$5M 2 Luminor Capital Detail
Jul 31, 2014 Secondary Market 1 Detail
Jan 2, 2012 Series B 1 ayondo Holding AG Detail
Jan 9, 2011 Series A 2 Detail

Investors

Number of Lead Investors
Number of Investors
3
5
ayondo is funded by 5 investors. Luminor Capital and ayondo Holding AG are the most recent investors.
Investor Name Lead Investor Funding Round
Luminor Capital Yes Series C
ayondo Holding AG Yes Series B
SevenVentures Series C
German Startups Group Secondary Market
Falk Strascheg Holding Series A

Acquisition

ayondo has acquired 1 organizations. Their most recent acquisition was TradeHero on Nov 15, 2016. They acquired TradeHero for 0.

Date Company Name
Industry Acquisition Type Price
Nov 15, 2016 TradeHero
Finance acquisition Detail