Topics: Startups

PE Firm Finstar to Invest in Fintech

PE Firm Finstar to Invest in Fintech

Private equity firm Finstar Financial Group has announced a strong commitment to fintech. The Moscow-based firm is planning to invest $150 million in fintech startups in the next five years.   Targeting high growth SMEs   The private equity group is planning to target high growth SMEs and provide help to its portfolio companies in terms of R&D. Finstar has [...]

Banks in Brazil & the UK Preparing for Fintech Revolution

Banks in Brazil & the UK Preparing for Fintech ...

The digital revolution has changed the banking sector and more change is to come with fintech startups. Big shifts are currently taking place everywhere, but Brazil and the UK are preparing to be disrupted big time. Many experts believe the banking sector in these countries won’t be the same soon.   Brazil’s banking might go through the biggest change   [...]

Niklas Zennstrom’s Atomico Fund Targeting Brazilian Startups

Niklas Zennstrom’s Atomico Fund Targeting ...

Atomico, the venture capital fund established by Skype co-founder Niklas Zennstrom has made its second investment in Brazil, the company said in a statement . It recently invested in Connectparts, an online vendor specialized in auto accessories, and a top seller on Brazil’s eBay daughter company MercadoLibre, according to Hispanic Business.   The article says that Zennstrom became aware of [...]