Deep Knowledge Group is hosting the Longevity Fintech & InvestTech event for the Longevity Financial Club, London
Deep Knowledge Group aims to bridge the liquidity gap that hinders DeepTech and Longevity development globally
— Dmitry Kaminsky
LONDON, UNITED KINGDOM, July 27, 2022 /EINPresswire.com/ — Deep Knowledge Group, an international consortium of for-profit and non-profit organizations focused on DeepTech and Frontier Technologies, organized a ‘Longevity Fintech & InvestTech’ event to discuss the latest developments in the Longevity and DeepTech private markets. The event was hosted by the recently launched Longevity Financial Club in London.
One of the main challenges for startups is the liquidity gap that is crippling the accelerated development of the DeepTech and Longevity industry. Deep Knowledge Group aims to reduce existing barriers to 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 that matches 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 offers a Longevity-focused marketplace that combines the most modern validated HealthTech, AgeTech and FinTech solutions for users who want to live healthier, longer life 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 scale and complexity of the Longevity industry, a specialized exchange can be the catalyst to accelerate progress. bringing together companies, investors and advisors to facilitate the industry’s funding and liquidity needs on a global scale will encourage further innovation and investment.”
Professor Michael Miller, a member of the World Health Organization’s Digital Health Technical Advisory Group (DHTAG) Roster of Experts, spoke about the eHealth and mHealth ecosystem as well as the challenges startups and investors face in the industry. According to many commentators, the fiscal sustainability of healthcare is now in doubt – US healthcare spending is approaching 20% of GDP with poor health outcomes and 40 million residents without healthcare, while the Singaporean government has struggled with a massive 600% increase in healthcare costs the last decade.
Highlighting the challenges of the liquidity gap, Talgat Takiyev, Head of Investor Relations, Longevity Financial Advisors said: “The current venture capital fund business model does not support effective investments in DeepTech and Longevity startups. In addition, the global financial system has several gaps, the largest of which exists between advances in science and technology, and the lack of investment from large financial institutions. Longevity startups are also limited to fundraising from Angel syndicates and VC investors.”
Dominic Jennings, Head of Strategic Partnerships, Longevity Financial Advisors, said: “To meet these challenges we need to come up with practical, sustainable solutions. An end-to-end InvestTech platform offering multiple investment solutions could be the answer. Special Purpose Vehicles (SPVs) and escrow accounts, AI-powered tools to match startups and investors, and intellectual property investment and trading should help address the liquidity gap in private markets.”
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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Dominic Jennings
Longevity Financial Club
[email protected]