TLDR:
- Finnovista is a leading innovation and venture capital firm in Latin America focused on transforming finance and developing the Fintech ecosystem.
- The co-founder, Fermín Bueno, shared insights on the firm’s background, evolution, milestones, industry focus, differentiation, challenges faced, and future goals.
Finnovista is a leading innovation and venture capital firm committed to developing the Fintech ecosystem and transforming finance for the better. Pulse 2.0 interviewed Finnovista co-founder and Managing Partner Fermín Bueno to learn more about the firm.
Bueno highlighted his background, stating that after spending 15 years working in tech development, strategy consultancy, and venture capital in Europe, he founded Finnovista in 2013 with the belief that technology startups would revolutionize financial services in Latin America. The firm’s thesis has evolved to focus on Embedded Finance, allowing any industry to offer financial services by leveraging Fintech tools.
Significant milestones for Finnovista include the successful completion of fundraising efforts for Fund I and exiting companies like Flink and Dapp with significant returns for investors. Bueno also discussed the firm’s AUM, industry focus on Fintech, and its differentiation through ecosystem-driven investments.
Challenges faced by Finnovista included building credibility in the nascent Fintech industry in Latin America. The firm overcame this by aligning and partnering with recognized brands and driving Fintech knowledge through events like FINNOSUMMIT.
Future goals for Finnovista involve planning new investment vehicles, exploring different venture capital models, and continuing to support Latin American Fintech entrepreneurs through accelerator programs and resources.
