Vidici Ventures
Investor - Venture Capital
Overview
Vidici Ventures is the leader in FinTech growth investments in the Nordic Region. The company invests in disruptive FinTech companies to change the industry.
Country: Sweden
Founded: 2012
Headquarters: Stockholm, Sweden
Investment Strategy
Geography
- Europe
Sector Focus
- Marketplace Lending
- WealthTech
- RegTech
- Payments and Remittances
- Data and Analytics
Investment Stage
- Growth Stage
Summary
Vidici Ventures consists of a team of financial professional with extensive entrepreneurial and investment experience. After their success with Lendify, in 2016 the company switched their investment focus solely within the FinTech space.
Vidici Ventures are currently managing one fund, Vidici Fund 1. The funds main scope is start-ups within the FinTech industry. The fund has shown great growth over the years. The goal is to deliver a 25 % return per year to the investors. The last EVCA-valuation, december 2015, valued the fund at SEK 93 321 102.
The team at Vidici believes that there are several areas with high growth potential:
• Lending
Peer-to-peer lending have proven to be a growing market and we believe that it is just the begining. We have previously invested in Lendify but are looking at other possibilities within the area. One area within the lending space that is interesting is loans to SMEs. Following the global crisis of 2007-2008 loans to SMEs have been exposed to higher regulations and capital costs which have created a growing demand for financing.
• Wealth Management
• Insurance – Just like the big banks, the insurance companies are large ineffective cash-cows. By using a shareconomy approach you can access a huge market quite effectively and create a good consumer-focused service.
• Credit scoring/assessment – The key in credit scoring/assessment is to find the best way to use global sources.
• Fraud protection and security –This is a growing demand that will be more and more important in the technological development in many industries, especially TinTech, and is therefore an area in which there will be profitability
• FX
• RegTech – For companies active in regulated markets compliance is a big part of the day-to-day operations and therefore costly. Within RegTech the aim and benefits are to support innovation by better manage regulatory requirements, develop advanced data analytics capabilities and of course to reduce the costs of compliance.
Investments
Date
Name
Size
Round
Co-Investors
Sector
Country
Lendify
Marketplace Lending
Sweden
Funds Raised
Vintage
Fund Name
Amount
Vidici Fund 1
SEK 45.6m
Key Employees
John-Christian Eriksson
Managing Partner
Robin Egerot
Junior Investment Manager