Fintech Ventures is a sector-focused investment company backed by entrepreneurs and advisors in the field of banking and investments. Fintech Ventures combine their knowledge within M&A, optimized product development and new affiliation marketing approach to invest in and capitalize on the online banking market.
The management team are experts with proven track records, investing own funds and resources. Fintech Ventures is a listed public company on the New Connect Polish Stock Exchange, with fully transparent operations.
Spoko and PU Group is the crown jewel of Fintech Ventures’ portfolio. With long-term commitment Fintech Ventures will act as an active owner and together with the outstanding team make Spoko a unicorn and frontrunner within remittance. Fintech Ventures is the majority shareholder of PU Group Ltd.
Today, about 1.7 billion people in the world are unbanked. This means that they do not have access to bank cards, savings accounts, credits, payment solutions or other financial services. Being unbanked places great limitations in everyday life, affects the standard of living and the quality of life in general.
Increase inclusion
We want to help reduce the proportion of unbanked people – by actively contributing to increased financial inclusion, where individuals and companies have access to useful and affordable financial products and services that meet their needs, delivered in a responsible and sustainable way.
We contribute to this inclusion via neo banking, where we offer and invest in innovative digital banking services. The cornerstone of our offer today is money transfer, that are made in a safe, fast way and at a low cost. All this is easily controlled from a mobile app. In addition, more tailored financial products and services can be connected to our app. In this way, we will make it easier for more people to fulfil their dreams and create a better life for themselves and for their loved ones.
Did you know that*…
…virtually all unbanked adults live in developing economies.
…about a quarter of unbanked adults live in the poorest 20 percent of households in their economy.
…women are overrepresented among the unbanked in most economies.
…unbanked adults are disproportionately young.
…unbanked adults tend to have low educational attainment.
…among unbanked, lack of enough money is the most cited barrier to account ownership.
Already contributing
Already today, Fintech Ventures contributes to financial inclusion. We do this through our subsidiary Spoko, which specializes in money transfers and has in a short time established itself as one of the most innovative and fast-growing companies in Europe. Through its cost-effective operations, Spoko has low and competitive fees. In this way, the company shows that it is possible to run a successful money transfer business that also has a positive socio-economic impact on the markets where it offers services.
Mission
Fintech Ventures’ mission is to maximize shareholder’s return on invested capital and significantly contribute to improve the standard of living for unbanked adults by access to banking. This mission is achieved by enabling unbanked and their households to transfer, insure, make payments and access life-enhancing services for expats knowledgeably, safely, and affordably.
