Participated · Equity · Oct 2017

PremFina announced a £100 million upsized and extended financing provided by Waterfall Asset Management. The public reporting focuses on the financing transaction rather than operational details about the company. The coverage does not disclose founding year, location, product lines, customer metrics, revenue, or valuation. No information on prior funding rounds or strategic use of the proceeds was provided in the announcement. The available details are limited to the size and structure (an upsized extension) of the facility and the identity of the single lender, Waterfall Asset Management.

Participated · Series B · Jul 2016

Zeek is a Tel Aviv-based web and mobile marketplace that lets consumers buy discounted gift vouchers for over 350 UK brands and sell unwanted vouchers for cash. The platform is available via web and app. Led by co-founder and CEO Daniel Zelkind, the company focuses on secondary-market voucher liquidity and consumer savings. The business raised $9.5m in the reported funding round. Zeek intends to use the new capital to build the team, grow its UK presence and expand overseas. No operating metrics beyond the number of partner brands were disclosed in the article. Zeek is a mobile marketplace that lets consumers sell and buy gift certificates, cards and e-vouchers via a smartphone app. Sellers scan vouchers, set asking prices and list them on the marketplace; buyers search by brand and purchase at discounted rates. The app includes an eWallet feature that helps buyers and sellers track their vouchers. Zeek is led by Daniel Zelkind (CEO), Itay Erel (CMO) and Ziv Isaiah (CTO). It is available in Israel and the UK and was planning rollouts in Portugal and Poland. The company raised $3M in venture capital from Blumberg Capital, Qualcomm Venture and Uri Levin to support expansion in Europe in 2015.

Led · Series B · May 2015

MoneyMan is a remote consumer-lending service that provides microloans up to 50,000 rubles (about $1,000) for terms up to 18 weeks. Founded in August 2012, the company has financed about 132,000 microloans totaling 1.4 billion rubles since launch and in Q1 2015 issued 35,000 loans for 357.4 million rubles. It expanded internationally in 2014, beginning services in Kazakhstan and Georgia. The company plans to use the new capital to open and develop business in international markets and to develop and improve its IT systems, with priority expansion markets in parts of Europe and Latin America. Total investments since founding have exceeded $12 million, including a previous $3 million investment from Vadim Dymov in 2013. MoneyMan has received industry recognition, including a Red Herring Europe 2015 mention and the Global Banking & Finance Review award for Best Microloan Provider Russia 2014.