Tagged: finstar

Finstar to Enter Asia Pacific Region with $50 million Investment Commitment for Fintech

Asia is a hotbed of innovation when it comes to Fintech disruption. China is the largest Fintech market in the world and both Singapore and Hong Kong are battling to become the leading Fintech hub for alternative finance. This is not to mention Australia which… Read More

Oleg Boyko’s Finstar Will Invest $150 Million into Fintech

Finstar Financial Group has announced it will dedicate $150 million into Fintech startups over the next five years. Finstar is a private equity founded by Oleg Boyko who launched the firm in 1996. Finstar invests in IT, consumer retail and real estate. In recent years… Read More

4Finance Posts Annual Results

4finance Holding S.A., a large European online and mobile consumer lending company, has published unaudited consolidated results for the twelve months ending 31 December 2016. According to their information; Revenue up 24% to € 393.2 million in the Period compared with € 318.3 million in… Read More

4Finance Has Topped €4 Billion in Loans: 33% of All Loan Applications are Via Smartphones

4finance Group, a lender that claims the title of Europe’s largest online and mobile consumer lending company, has surpassed €4 billion in loans since its f0unding in 2008. 4Finance says the milestone was passed in January following a year of solid growth.  During 2016, 4Finance issued… Read More

P2P Lender Viventor Launches Mobile App

Finstar backed peer to peer lender Viventor announced last week the launch of its new mobile app. Users of the lender’s platform may now be able invest wherever they are. According to Viventor, the mobile app, which is available on both iOS and Android phones,… Read More

Finstar Invests in Mobile Marketing Tech Company Rocket10

Finstar Financial Group, a fintech-focused international private equity group, announced on Wednesday it invested $3 million in Rocket10, a mobile marketing agency. Finstar also secured the right to further increase its equity stake in Rocket10. Finstar revealed it would utilize Rocket10’s mobile marketing technology across the Group’s portfolio… Read More

FinstarLabs Selects Mark Ruddock as CEO to Develop International Fintech Hub

Mark Ruddock has been appointed CEO of FinstarLabs. This appointment was described as a “major statement” and reflecting the commitment of Oleg Boyko, Founder and Chairman of Finstar Financial Group, to the continued growth of Finstar’s fintech and financial services investment program. FinstarLabs was created… Read More

P2P Lender Viventor Says Average Monthly Growth Stands at 60%

Finstar backed peer to peer lender Viventor has released a statement saying it is experiencing 60% average monthly growth during its first year of operation. The online lender launched in October 2015.  The company also shared that initial results after launch in 2015 were disappointing but said… Read More

Finstar Adds to Executive Bench as it Boosts Fintech Investment

Last spring, Finstar Financial Group announced the appointment of Paul Muhr, previously a Vice President at Citi and before that at Goldman Sachs. Today, Finstar is announcing three new hires as it prepares for additional investment in the Fintech sector. Finstar has hired Eugene Timko as… Read More

Oleg Boyko’s Finstar Looks to Build Big Fintech Portfolio

Finstar Financial Group wants to build its Fintech portfolio and has hired Paul Muhr, an experienced investment banker to boost M&A and capital markets projects. Until recently Muhr was a Vice President at Citi and before that at Goldman Sachs. Muhr’s hiring is said to… Read More

Brief: Spotcap, German Fintech Startup, Locks In €31.5M To Support Its Online SMB Lending Platform

German online lending platform Spotcap has successfully closed its third financing round, according to the company’s recent press release. The Berlin-based financial technology company raised EUR 31.5 million in new funding led by international private equity firm, Finstar Financial Group, with participation from previous investor Holtzbrinck Ventures…. Read More

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