Private Equity Group Finstar Financial Announced Senior Appointments

finstarInternational private equity group Finstar Financial Group announced senior appointments to its management team to expand its fintech and financial services investment program.In details, Eugene Timko will join as Investment Director, Michele Tucci as Head of Mobile Products and Business Development, and Alexander Ivanov as developer of venture capital investments.

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. Timko has been focused on the fintech industry since 2012, when he completed the acquisition of a mobile banking business by Inventure Partners. 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 an investment in car service Gett and the Busfor budget bus company.
Prior to joining Inventure Partners, Timko served as the IBD Associate of Morgan Stanley and participated in various M&A and ECM transactions in technology, media and telecom industry.

Michele Tucci will grow mobile products and partnerships that will contribute to the Group’s FinTech global expansion plans. Tucci 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. He has experience in venture capital, financial services, and technology.
Previously, Ivanov 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 financial service group that provides innovative and customizable high and low touch trading solutions for global and emerging markets.

Founded in 1996 and led by Nicholas Jordan, CEO, Finstar operates in financial markets, the IT and telecoms field, perfumery-cosmetic retailing and in commercial and trade real estate.
With more than $2 billion, the group most recently formed strategic partnerships with Euroloan, a consumer lender in Northern Europe, Spotcap, an SME loan provider, and Prestamos Prima, a Spanish loan company along with its P2P platform, Viventor.



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