Matteo Stefanel, formerly at The Abraaj Group, and Udayan Goyal, Founder and Managing Partner at Anthemis Group SA, have launched Apis Partners, a private equity asset manager focused on Financial Services in growth markets.
The firm’s Apis Growth Equity Fund will leverage an operating network consisting over 20 financial services professionals with presence in 5 countries, an extended network of 26 partner companies to provide investee companies with funding and operating support.
According to its web site, Apis Partners focuses on companies in payments (processors, remittance businesses, and eCommerce and mCommerce enablers), retail banking and consumer finance (inc. micro-lenders), insurance (inc. claims managers), capital markets and other technology-enabled financial institutions.
Geographically, it will invest in Africa and Asia.
FinSMEs
30/07/2014