finstar-logo
  • About
  • Business
  • News
  • Digest News
  • Contact us

Blog

Home main page FSTech: Finstar commits $50m to APAC region

FSTech: Finstar commits $50m to APAC region

15.12.2017Admin Adminich

Private equity firm Finstar Financial Group has committed to invest up to $50 million in APAC’s consumer lending sector, in line with its five-year plan to invest $150 million in the financial technology space globally.

The company is also planning a roll-out of its Digital Finance International (DFI) division in several large Asian economies in the near future. DFI centres on responsible lending, enabling customers in developing markets to access a method of financing that is affordable and fully compliant with regulation.

Finstar’s five-year investment plan, adopted in July 2017, is aimed at strengthening the group’s holdings in innovative consumer technologies and increase its portfolio exposure to high growth emerging markets across Europe, Latin America and Asia-Pacific.

Oleg Boyko, Finstar’s executive chairman and founder, commented: “We’re thrilled to announce our latest investment commitment in DFI and Southeast Asia. The rapid growth in consumer demand across the emerging markets offers exciting opportunities for FinTech-enabled disruptive lending technologies. With our market-leading expertise, Finstar can capitalise on these emerging trends.

“DFI’s strong proposition, high quality management and excellent governance all reflect Finstar’s key principles and foundations,” he continued. “Our outlook is one of optimism and excitement, and we’re confident in seeing our investment deliver significant value for the long term, not just for Finstar but for billions of consumers worldwide.”

Source: http://www.fstech.co.uk/fst/Finstar_50m_APAC_Investment.php

Share on facebook
Facebook
Share on pinterest
Pinterest
Share on twitter
Twitter
Share on linkedin
Linkedin
Share on vk
Vk
Previous post Deal Street Asia: Finstar backs DFI in $50m investment, to deploy $150m into fintech Next post Mint Asia: Finstar invests $50 mn in lending platform DFI

Recent Posts

  • The outlook for banking sector M&A in 2023
  • Investment in B2B fintech set to continue to outpace B2C fintech in 2023, experts say
  • Fintech & Banking Industry Newsletter
  • Fintech & Banking Industry Newsletter 
  • Fintech & Banking Industry Newsletter

Follow us

Facebook
Twitter
LinkedIn
Finstar Management Overseas © Copyright