Inyova Saves Itself in the Arms of a Pension Fund
Summary
The pension foundation, which specializes in sustainability and manages around three billion Swiss francs, is joining as a minority shareholder, according to a press release from Inyova. The company has not disclosed the size of the investment.This step, which still requires approval from the Swiss Financial Market Supervisory Authority Finma, will allow Inyova to secure long-term financing. The plan is to develop new offerings together with Abendrot in order to further expand the market for sustainable investments and become profitable.In August, the company announced that it had now received a license from FINMA as an asset manager. To date, however, it is not on the \xablist of asset managers and trustees authorized by FINMA and monitored by a supervisory organization\xbb.The partnership comes at a critical time for the company, as Inyova has faced significant losses and a tight liquidity situation in recent years according to finews.ch. Co-founder and CEO Tillmann Lang emphasizes: \xabThe fact that we were able to gain a partner like Abendrot in a challenging financing environment confirms our strategy.\xbbThe cooperation not only provides financial security, but also serves as an innovation platform.