IZNES
IZNES operates a private, ACPR-authorized blockchain platform for the pan-European subscription, redemption, and record-keeping of investment fund units, serving asset managers, insurers, and institutional investors.
- Company typePrivate
- Founded2017
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What IZNES does
IZNES SAS is a Paris-headquartered, ACPR-authorized operator of a private blockchain platform purpose-built for the pan-European subscription, redemption, and record-keeping of units in collective investment funds (UCITS, real estate, and alternatives). The underlying technology is a proprietary distributed ledger using a Proof of Authority consensus — no cryptocurrency, no mining, no public chain — distributed across validation, wallet, and reporting nodes; subscribed transactions are executed via smart contracts that seal the act of subscription only after authorization by the relevant management company. The platform bundles product referencing, real-time order book, immutable register (record-keeping), mutualized client file management with KYC, automated corporate actions (dividends, mergers, nominal splits), automated tax reporting (IFU), secure messaging, and a REST API for portfolio-management integration, exposing the full subscription-to-settlement lifecycle through a single interoperable interface.
The company serves three core segments — asset management companies (primary), institutional investors, and financial intermediaries/distributors — and counts over 25 asset managers as participants, including founding shareholders Ofi AM, Arkéa IS, Groupama AM, La Banque Postale AM, LFDE, and Lyxor, plus strategic clients Amundi, AXA IM, BNP Paribas AM, Candriam, Rothschild & Co Asset Management, Swiss Life Asset Managers France, Generali France, La Française, Sienna Investment Managers, and Edmond de Rothschild. IZNES also runs non-traditional deployments such as Engie's corporate treasury cash placement (a Finance Awards first-prize winner) and real estate fund distribution through Keys REIM and Novaxia.
IZNES monetizes through enterprise B2B platform access/subscription fees and per-transaction fees on fund subscriptions and redemptions; pricing is negotiated and not publicly disclosed, reflecting its enterprise sales motion. Capitalization has been built almost entirely through corporate strategic rounds rather than financial venture capital: Generali and APICIL (January 2021), Rothschild & Co Asset Management (June 2023), Euroclear (March 2024), and VATEL Capital (September 2024) joined the six founding asset managers as shareholders. The platform has been selected by the Banque de France (December 2020 first CBDC fund settlement; ~€2M processed) and the Eurosystem (December 2024 wholesale central-bank-money Delivery-versus-Payment experiment across interoperable chains) — milestones that anchor IZNES's positioning as regulated European DLT market infrastructure for funds.
IZNES firmographics
Firmographics- Name
- IZNES
- Legal name
- IZNES SAS
- Website
- https://iznes.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- IZNES operates a private, ACPR-authorized blockchain platform for the pan-European subscription, redemption, and record-keeping of investment fund units, serving asset managers, insurers, and institutional investors.
- Ownership category
- akta.pro rank
IZNES industry classification
Industry- Product category
- Blockchain-based Fund Distribution and Record-Keeping Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH)
- akta.pro secondary industries
- Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ), Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC)
Keywords
Where IZNES is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
IZNES business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Platform Transaction and Subscription Fees: IZNES charges fees for processing fund subscription and redemption transactions on its platform. As a marketplace connecting asset management companies with investors through an end-to-end compliant system, the platform generates revenue per transaction executed.
- Platform Access and Management Fees: Asset management companies pay for access to the platform's fund distribution infrastructure, including order book management, record-keeping, client file management, and regulatory reporting tools.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | B2B enterprise pricing for asset management companies and institutional investors |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
IZNES product offering
Product offeringCore offering
IZNES operates a pan-European blockchain-based marketplace for the subscription and redemption of fund units (UCIs/UCITS). It delivers a single interoperable platform covering the full fund distribution lifecycle — KYC onboarding, order placement, real-time blockchain record-keeping, corporate actions processing, and regulatory tax (IFU) reporting — connecting asset management companies, institutional investors (insurers, pension funds, corporates), and financial intermediaries across Europe.
Product overview
IZNES is a single unified platform providing blockchain-based fund distribution and record-keeping services. The core IZNES Platform serves as the central DLT infrastructure enabling end-to-end subscription and redemption of fund units, supplemented by integrated modules including Order Book (real-time order management), Product Referential (fund catalog and NAV management), Record-Keeping (immutable blockchain registry), Client Files (shared KYC management), Reporting (real-time activity tracking), Secure Messaging (platform communications), and Corporate Actions Management. A REST API enables integration with external portfolio management systems. The platform connects asset management companies, investors, and intermediaries in a pan-European interoperable ecosystem.
Differentiator
Problem solved
Functional benefit
Products and services
- IZNES Platform Pan-European, blockchain-based investment and DLT record-keeping platform for UCI (UCITS) and alternative fund units. Delivers an end-to-end subscription and redemption workflow covering real-time blockchain record-keeping, order book, product referential, client files/KYC, secure messaging, corporate actions management, automated tax (IFU) reporting, and a REST API for portfolio management system integration. It is offered to asset management companies, institutional investors (insurers, pension funds, corporate treasuries) and intermediary distributors under ACPR investment-firm authorization.
Quantifiable outcome
- Over €10 billion in fund transactions processed since April 2019 launch
- +4 more outcomes
Companies that use IZNES
Customer profileNamed customers17 records
Segments3 records
Ideal customer profiles3 records
IZNES technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
IZNES partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered flagship, core and minor.
- European Central Bank (ECB)flagshipIZNES collaborated with the Eurosystem (European Central Bank and Banque de France) on a groundbreaking experiment demonstrating wholesale Central Bank Money (CeBM) on interoperable blockchains. The experiment used Hash Time Locked Contracts (HTLC) to enable Delivery versus Payment (DvP) transactions across blockchain platforms (DL3S, IZNES, Societe Generale-FORGE), with participation from AXA IM, BNP Paribas, Generali, OFI Invest Asset Management, and Societe Generale.
- AXA Investment ManagerscoreAXA IM participated in the IZNES/ECB wholesale CBDC experiment as a stakeholder, demonstrating interest in blockchain-based fund settlement. AXA IM has been an active client of IZNES since 2022, referencing funds and distributing money market funds through the platform.
- BNP ParibascoreBNP Paribas participated in the IZNES/ECB wholesale CBDC experiment, alongside other major financial institutions, demonstrating the platform's relevance for large-scale institutional fund settlement.
- OFI Invest Asset ManagementcoreOFI Invest Asset Management participated in the IZNES/ECB wholesale CBDC experiment. OFI AM was one of the six founding asset managers of IZNES and has been a long-standing supporter of the platform.
- Societe Generale (incl. Societe Generale-FORGE)coreSociete Generale participated in the IZNES/ECB wholesale CBDC experiment. Societe Generale-Forge (SGF) was one of the 8 candidates selected by Banque de France for the CBDC experiment and collaborated with IZNES on interoperability across blockchain platforms.
- AWS (Amazon Web Services)coreIZNES partnered with AWS in June 2023 to leverage AWS's blockchain expertise, dramatically improving platform performance and gaining legitimacy in its market. AWS provides cloud infrastructure supporting the blockchain platform's scalability and resilience.
- Banque de FranceflagshipIZNES was selected by the Banque de France among 8 candidates for its Central Bank Digital Currency (CBDC) experimentation program in July 2020. IZNES successfully executed the first-ever settlement of fund units using digital central bank money (MNBC) in December 2020, with over €2 million in transactions. This was later extended to collaboration with the European Central Bank in 2024 for wholesale CBDC experiments on interoperable blockchains.
- Deloitte Solutions (D.KYC)coreIZNES partners with Deloitte Solutions for KYC verification (D.KYC). KYC forms submitted by investors are reviewed by the IZNES team and Deloitte Solutions, as well as by the asset management company, before the investor gains access to the product catalog.
- EcoTree FranceminorIZNES partners with EcoTree France for reforestation projects, contributing to environmental sustainability. In 2023, IZNES participated in the Montplonne Forest reforestation project, planting and sustainably managing 64,093 trees.
- Fondation GoodPlanetminorIZNES contributed to carbon neutrality by financing projects accredited by the GoodPlanet Foundation: 136.36 tonnes CO2 equivalent in 2022 and 160 tonnes CO2 equivalent in 2023, supporting renewable energy access and household waste composting projects.
- TreeseveminorIZNES partnered with Treeseve and other local companies to plant 18,000 trees across two plots in Chelles, France, in 2022. The project created future biodiversity refuges and natural zones over more than 6,000m2.
Scale indicators7 records
Recent moves11 records
Expansion highlights7 records
IZNES competitors and assessment
Company assessmentEmerging players
- Tokeny Solutions: Luxembourg-based identity and compliance infrastructure for tokenized securities and funds, overlapping with IZNES's KYC, AML, and regulatory reporting modules on permissioned blockchains.
- Securitize: US-headquartered digital asset securities issuance and servicing platform expanding into European tokenized funds; competes for the same tokenized fund distribution and investor onboarding workflows.
- Taurus SA: Swiss DLT infrastructure provider for issuing, managing, and servicing tokenized securities and funds, offering competing permissioned-blockchain capabilities aimed at European asset managers and banks.
Broad incumbents
- Apex Group: Global fund services and administration firm offering transfer agency, fund accounting, and distribution solutions that overlap with IZNES's record-keeping, KYC, and corporate actions modules.
- Euroclear: Pan-European post-trade infrastructure provider that simultaneously invested in IZNES (March 2024) and operates competing mutual fund order routing and settlement platforms across Europe.
- Northern Trust: Large global asset servicer offering fund administration, custody, and middle-office technology, increasingly investing in DLT-based alternatives that overlap with IZNES's institutional finance positioning.
- Clearstream (Deutsche Börse): Major European post-trade and fund services CSD/ICSD offering a broader suite of fund order routing, settlement, and asset servicing that overlaps with IZNES's distribution and record-keeping layer.
- Linedata: European fintech providing portfolio management, fund accounting, and transfer agency software with REST APIs that integrate with platforms like IZNES for end-to-end fund operations.
- Societe Generale-FORGE: SG's regulated entity for issuing, tokenizing, and managing digital assets on blockchain; participated alongside IZNES in the ECB/Banque de France CeBM DvP experiments and competes for tokenized fund and settlement flow.
Direct peers
- FundsDLT: Luxembourg-based distributed ledger platform specifically designed for fund distribution and record-keeping, directly competing with IZNES for the same asset manager and institutional investor customers across Europe.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
IZNES social profiles
Digital presenceIZNES financial estimates
Financial estimateRevenue estimate
Valuation estimate
IZNES leadership team
Management profileNumber of profiles
Profiles8 records
IZNES funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IZNES M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IZNES
What does IZNES do?
IZNES operates a pan-European blockchain-based marketplace for the subscription and redemption of fund units (UCIs/UCITS). It delivers a single interoperable platform covering the full fund distribution lifecycle — KYC onboarding, order placement, real-time blockchain record-keeping, corporate actions processing, and regulatory tax (IFU) reporting — connecting asset management companies, institutional investors (insurers, pension funds, corporates), and financial intermediaries across Europe.
Is IZNES a public or private company?
IZNES is a private company. It is classified as venture growth investor backed and is currently operating.
When was IZNES founded?
IZNES was founded in 2017. It employs 11 to 50 people.
Where is IZNES based?
IZNES is headquartered in Paris, France, in the Europe region.
How does IZNES make money?
Two revenue lines are on record. Platform Transaction and Subscription Fees are the primary driver. The others are platform Access and Management Fees.
Who are IZNES's main competitors?
Emerging players on record are Tokeny Solutions, Securitize and Taurus SA. Broad incumbents are Apex Group, Euroclear, Northern Trust, Clearstream (Deutsche Börse), Linedata and Societe Generale-FORGE. FundsDLT is listed as a direct peer.
Does IZNES have an API?
Yes. REST API allowing users to interact with IZNES platform features including accessing products, managing net asset values, executing transactions (with amount, quantity, date parameters for deferred transactions), and cancelling transactions before cut-off. The API enables portfolio management software integration with IZNES application. Developer documentation is at api.iznes.io.
What industry is IZNES in?
IZNES's product category is Blockchain-based Fund Distribution and Record-Keeping Platform. Its primary akta.pro industry code is FSAPAIAH, Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting), with a secondary code of FSAPAJAI, Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance). Its NAICS code is 522320 and its SIC code is 6200.