VEF (formerly Vostok Emerging Finance) is a publicly listed investment company based in Stockholm that invests in growth-stage private fintech companies across emerging markets such as Brazil, Mexico, India, and Pakistan. The firm takes minority stakes and acts as an active investor with board representation.
58% of their portfolio is in Fintech. Average disclosed round size is $84.3M (across 10 rounds with reported amounts).
Portfolio
8
Fund Size
—
Top Stage
Series C
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
12 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Abhi | Series A | — | Apr 2022 |
 Blackbuck | Series E | $67M | Jul 2021 |
| SSolfácil | Series B | $30M | Jun 2021 |
| FFinanZero | Unknown | $7M | Apr 2021 |
 minu | Series A | $14M | Mar 2021 |
 Creditas | Series E | $255M | Dec 2020 |
| Creditas | Series E | $255M | Jan 2020 |
| Creditas | Series C | $50M | Dec 2017 |
 Iyzico | Series C | $15M | Apr 2017 |
 TransferGo | Series C | $50M | — |
| SSolfácil | Series A | — | — |
| SSolfácil | Series C | $100M | — |
Top Co-Investors
Amadeus Capital Partners4 shared
Kaszek3 shared
QED Investors3 shared
FJ Labs2 shared
SoftBank Latin America Fund2 shared
Wellington Management2 shared
Tarsadia Capital2 shared
Valor Equity Partners2 shared
Quona Capital1 shared
Sequoia Capital1 shared
Speedinvest1 shared
Fatima Gobi Ventures1 shared
i2i Ventures1 shared
VentureSouq1 shared
Globo Ventures1 shared
Sarmayacar1 shared
Tribe Capital1 shared
Village Global1 shared
Next Billion Ventures1 shared
Last updated: 9 September 2026