Business Wire

Finstar Financial Group reinforces senior Fintech team

Del

Finstar Financial Group (“Finstar”) announces further senior appointments to its management team with the recruitment of Eugene Timko as Investment Director, Michele Tucci as Head of Mobile Products and Business Development, and Alexander Ivanov who has been appointed to develop venture capital investments. These latest appointments reflect Finstar’s strategy to continue with the successful expansion of its fintech and financial services investment program.

As the global economy moves into a truly digital era, investment in the fintech sector continues to gather pace and overall fintech investment reached $5.7 billion during the first quarter of 2016. Finstar Financial Group is focusing its efforts to capitalize on the many exciting opportunities present in the space by seeking out the brightest companies that are ready to challenge the status quo in the financial services industry.

Nicholas Jordan, CEO of Finstar, commented: “Finstar has both the resources, expertise, technologies and geographic reach to develop ground-breaking solutions to rapidly changing corporate and consumer needs in the financial services industry. Finstar’s decision to strengthen its focus on fintech solutions across a number of sub-sectors reflects the manner in which fintech investments are bucking trends across the globe. We see tremendous long-term growth opportunities across all industry segments, from lending platforms to insurance and asset management.

Our latest senior management appointments are of the highest caliber and reflect our ambition to seek out the best talent in the industry and deploy our Human and Financial capital to develop the most innovative credit products and solutions. Finstar is building a formidable team and a knowledge-sharing technological platform across multiple geographies.”

Eugene Timko will be responsible for evaluating venture capital investment opportunities in the fintech and services industry with a particular focus on disruptive business models and technology. Eugene has been focused on the fintech industry since 2012, when he successfully completed the acquisition of a mobile banking business by Inventure Partners, a VC fund specialized on disruptive technology businesses. His most recent transactions include the acquisition of a 50% stake in Hearst Independent Media Publishing B.V., a former subsidiary of Sanoma Oyj, publisher of luxury magazines and a successful investment in car service Gett and the Busfor budget bus company. Prior to joining Inventure Partners, Eugene served as the IBD Associate of Morgan Stanley and participated in various M&A and ECM transactions in technology, media and telecom industry.

In his new role, Michele Tucci will grow mobile products and partnerships that will contribute to the Group’s FinTech global expansion plans. Michele has more than 16 years of international industry and consulting experience across Asia Pacific, USA, Europe, Middle East and Africa. He has held senior management positions including Director of International Business Development at Mint Payments, a listed mobile and online payment and transaction processing company, and Vice President and Senior Managing Consultant of the professional services arm of MasterCard Worldwide.

Alexander Ivanov will be responsible for developing venture capital activities in fintech. Alexander has experience in venture capital, financial services, and technology. Previously, he was a co-founder of ‘Life.SREDA’, a venture capital firm focusing on investments in fintech mobile and Internet projects in the U.S., Western and Eastern Europe. He has held senior positions in international financial groups, including Head of Balanced Scorecard division at BCS Financial Group, a leading financial service group that provides innovative and customizable high and low touch trading solutions for global and emerging markets. His practical expertise is enhanced by his study of executive PE and VC courses at the London Business School and Harvard Business School.

About Finstar

Finstar Financial Group is an international private equity group. Founded in 1996, the Group has significant experience in launching start-up projects and in restructuring and expanding of companies in selected industries. Finstar operates in financial markets, the IT and telecoms field, perfumery-cosmetic retailing and in commercial and trade real estate. The Group has under its management assets worth a total of more than $2 billion. Over the years Finstar has developed substantial operational experience which helps to implement a value-adding strategy, introducing high international standards of corporate governance, innovation, marketing and building competitive advantages, all of which are vital to create value in the long-term.

Read more about Finstar: www.finstar.com

Contact information

Finstar Financial Group
Public Relations
Larisa Shishkina
Marina Evseeva
Tel: +7 905 529 12 52
E-mail:
Shishkina@finstar.com
Marina.Evseeva@finstar.com
or
Instinctif Partners
David Simonson
Mark Walter
Tel: +44 20 7866 7887
E-mail: David.Simonson@instinctif.com
Mark.Walter@instinctif.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Sunny Optics Officially Licenses ImmerVision Panomorph Lens Technology for Global Production13.12.2017 12:47Pressemelding

ImmerVision, developer of exclusive and patented panomorph wide-angle imaging technology, is proud to announce that Sunny Optics (Zhongshan) Co., a subsidiary of Sunny Optical Technology (Group) Co. Ltd., a leading manufacturer of integrated optical components and products, has licensed panomorph lens technology for global production, and will deliver its first small form-factor panomorph high-resolution super-wide-angle lenses for smartphones and mobile devices in Q1 2018. Panomorph lens technology combines state-of-the-art optical design and advanced, optimized algorithms, including low-power dewarping, to produce high-resolution super-wide-angle images without distortion, even in low light conditions. Sunny Optical is the largest Chinese lens supplier for the most popular smartphone brands and OEM applications such as sports cameras, surveillance, 360 image capture, autom

Synacor Launches Enhancements to Zimbra Communications and Collaboration Suite13.12.2017 12:30Pressemelding

Synacor Inc. (NASDAQ:SYNC) today announced the commercial launch of Zimbra 8.8. The easy-to-use collaboration platform comes with new user experience features such as Zimbra Drive for enterprise-level file sync and sharing and Zimbra Chat. The Network Edition features tech stack enhancements including real-time backup, ActiveSync across mobile and desktop, hierarchical storage management (HSM) that enables customers to move archival data to less expensive storage solutions, and improved delegated admin functionality. “Zimbra 8.8 is an exciting update for end users and technical decision makers,” said Marcus Teo, Vice President, Enterprise Sales & Marketing, Synacor. “Customers look to Zimbra for security, privacy and transparency through open code, extensibility, accessibility on multiple devices and deployment flexibility. This update builds on these tenets and incorporates enhancemen

GSMA Urges Members of the World Trade Organization to Prioritise and Accelerate Investment in Digital Future13.12.2017 12:00Pressemelding

On the occasion of the 11th World Trade Organization (WTO) Ministerial Conference, GSMA Director General Mats Granryd called on government leaders to reform their regulatory frameworks in order to encourage a new wave of innovation and investment in digital infrastructure and services. Currently, 108 of the WTO's 164 members have made commitments to facilitate trade in telecoms services, such as the right to establish new telecoms companies, make foreign direct investment in existing companies and enable the cross-border transmission of telecoms services. “Today, more than 5.1 billion people – about two-thirds of the world’s population – subscribe to mobile services. With this broad reach, the mobile industry is a major driver in the global economy, expected to employ nearly 31 million people worldwide and contribute $4.2 trillion in economic value (4.9 per cent of GDP) in 2020,” said

DCS Telecom Selects LeoSat for Innovative Data Solution13.12.2017 10:03Pressemelding

LeoSat Enterprises, which is launching a constellation of up to 108 low-earth-orbit communications satellites, has entered into an agreement with DCS Telecom, a leading telecoms provider of satellite and networking solutions in the Middle East, Africa and Asia. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171213005443/en/ DCS Telecom Selects LeoSat for Innovative Data Solution (Photo: Business Wire) DCS Telecom will use LeoSat to upgrade its existing satellite solutions, giving customers access to a unique low-latency network which is expected to revolutionize data connectivity. LeoSat’s system of low earth orbit communications satellites can achieve lower latency and stronger end-to-end security compared to traditional satellite and terrestrial solutions used today. This is achieved through an adv

Andersen Global Expands Presence in Germany with Addition of Thierhoff Müller & Partner13.12.2017 08:01Pressemelding

Andersen Global is proud to announce an expanded presence in Germany as Thierhoff Müller & Partner, a tax and legal firm with offices in Leipzig and Frankfurt, combines its practice with Andersen Tax & Legal in Germany. Through its German member firms, Andersen Tax & Legal and Alegis Steuerberatungsgesellschaft mbH, Andersen Global now has more than 65 professionals focused on providing tax and legal services and business advice across five locations in Germany, including Cologne, Dusseldorf, and Merzig. “Thierhoff Müller is highly regarded in complex restructuring matters. Together with our existing legal and tax practice, we will be able to increase our service offerings for our clients,” said Stefan Kraus, Managing Partner of Andersen Tax & Legal in Germany. “We are dedicated to providing outstanding service and are adding additional competencies in tax and legal such as corporate r

Aprecia Pharmaceuticals and Cycle Pharmaceuticals Partner to Develop 3D-Printed Orphan Drugs13.12.2017 08:00Pressemelding

Aprecia Pharmaceuticals, LLC (“Aprecia”), The 3DP Pharmaceutical Company, and Cycle Pharmaceuticals, Ltd. (“Cycle”) today announced they have signed a partnership agreement to develop and commercialize orphan drugs using three-dimensionally printed (“3DP”) technology. The planned products will deliver quality-of-life improvements versus existing, approved orphan drugs, and will achieve this by utilizing Aprecia’s proprietary 3DP ZipDose® Technology platform. ZipDose® is the only three-dimensional printing technology used in a pharmaceutical drug product approved by the U.S. Food and Drug Administration. Antonio Benedetti, CEO of Cycle commented: “Many rare disease patients do not have a treatment option at all. For those rare diseases where there is an approved pharmaceutical treatment, patients continue to be burdened by sub-optimal drug formulations. Aprecia’s

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom