FinSight was set up in 2013 by two long time partners and co-investors – Alexey Garyunov and Victor Remsha, who both saw an emerging FinTech trend and decided to set up a fund to provide capital to FinTech entrepreneurs. Prior to starting FinSight, both Alexey and Victor had a successful career in finance building one of the largest brokerages in Russia and a pension fund. Throughout their entrepreneurial careers both Alexey and Victor have been investing in tech startups and have made a number of successful investments (Begun in 2003, Buka in 2004, Mamba & Badoo in 2005 and 2007 accordingly, Banki.ru in 2010 among others). Since 2013 FinSight team has made more than 30 investments.
The core team has worked together for a number of years and is committed to the initial FinTech strategy as it sees attractive opportunities in the payments, emerging markets (India in particular), SMB banking and other verticals. Majorly all of them are driven by growing smartphone penetration on emerging markets; regulatory and market changes, maturing open banking infrastructure; continuing digitization of payments and data; ongoing shift to digital channels and changing consumer preferences and expectations.
In 2018 FinSight made a decision to expand beyond its original FinTech strategy and come back to its roots of identifying and investing in emerging tech trends. We are focusing on Real Estate tech & Smart Cities (Smarking, Kopa), Enterprise Software, and SaaS (SBDA Group). We also love rolling up our sleeves and digging into new technologies such AI and Image Recognition (Ailet).
FinSight partners with entrepreneurs across both early and growth stages.