VEF
Venture capitalStockholm · Seed–Late Stage · 7 people tracked
Find your way into VEF
1,913 people in our graph share verified history with the VEF team — schools, employers, funds. One of them is your warm intro.
Investment thesis
VEF invests in fintech businesses across emerging markets, backing companies that expand access to financial services in these regions.
Source: firm website, verified Aug 3, 2026.
Team · 7 people
from the firm's website
What they invest in
from 9 of 10 portfolio companiesFintech ×8SaaS ×4Consumer ×2B2B Marketplaces ×1Cleantech ×1E-commerce ×1Energy ×1Enterprise Software ×1
HQs:Brazil×2India×2United Arab Emirates×1Pakistan×1Türkiye×1United States×1
Investments · 10 tracked
founders shown can be your intro pathBy year:2023 · 12022 · 12021 · 13 dated
Abhi is an embedded finance platform providing earned wage access, payroll processing, and invoice factoring solutions for employees, SMEs, and businesses across emerging markets in Pakistan, the UAE, Saudi Arabia, and Oman.
FintechAbu Dhabi, AE
Omair Ansari(Co-founder)inAli Ladhubhai(Co-founder)in
Co-investorsY CombinatorAlter GlobalFatima Gobi VenturesGobi PartnersSarmayacarVentureSouq+1 more
BlackBuck operates a technology platform for the trucking industry.
B2B MarketplacesLogistics & Supply ChainSaaSBangalore, IN
Rajesh Yabaji(Chairman, Managing Director and CEO)inChanakya HRidaya(Executive Director and COO)inRamasubramaniam B(Executive Director and Head - New Initiatives)inSatyakam G N(Chief Financial Officer)in
Co-investorsAccelB Capital GroupB4 CapitalEvolution VC PartnersPeak XV PartnersSand Hill Angels+11 more
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Gringo operates a mobile "Super App" for Brazilian drivers to consult and pay vehicle-related debts such as IPVA, fines, and licensing, issue digital vehicle documents, track license points, and manage due-date reminders.
ConsumerFintechMobility & TransportationSão Paulo, BR
Juliano Dutra(Founder)in
Co-investorsKaszek VenturesValor Capital GroupActyusICU VenturesOnevc Venture Partners Llc
Juspay offers an open-source, modular payments platform that lets businesses build or enhance their payment stack, including payment orchestration, PSP management, checkout flows, 3DS authentication, tokenization, and reconciliation.
Enterprise SoftwareFintechSaaS
Vimal Kumar(Founder)inSheetal Lalwani(Founder)in
Co-investorsAccelSoftBank GroupWestBridge Capital
Mahaana is a fintech platform that helps Pakistanis save and invest through tools like automated savings features, retirement planning, and investment funds.
FintechSaaSKarachi, PK
Muhammad Shamoon Tariq(CFA, FDP Chief Executive Officer & Founder)inShamoon
Co-investorsY Combinator
minu offers a workplace benefits platform for companies in Mexico, letting HR teams activate over 50 employee benefits such as on-demand salary (earned wage access), savings, food vouchers, loans, telemedicine, and financial education.
FintechFuture of WorkHR TechPalos Verdes Estates, US
Adam Guggenheim(Executive Officer, Director)inChristine Koppinger(Executive Officer, Director)in
Co-investors500 GlobalAccial CapitalCapria VenturesCats.vcClocktower VenturesInvariantes Fund+8 more
Rupeek provides online gold loans in India, offering low-interest loans against gold with door-to-door pickup and return of valuables.
ConsumerFintech
Sumit Maniyar(Founder)in
Co-investorsAccelSequoia CapitalBetter CapitalElevation CapitalNotable CapitalPeak XV Partners+6 more
Solfácil is a Brazilian solar energy company that provides financing, photovoltaic equipment distribution, and technology tools for solar installers across the country.
CleantechEnergyFintech
Fabio Carrara(CEO)in
Co-investorsQED InvestorsSoftbank Latin America FundValor Capital GroupQEDSoftBank Group
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Tinkoff
Portfolio news
latest coverage across their companies
Gringo · gringogazette.com · Sep 13, 2026
Minu · indianretailer.com · Aug 18, 2026
Juspay · thesaasnews.com · Aug 13, 2026
ABHI · tribune.com.pk · Aug 4, 2026
BlackBuck · scanx.trade · Jun 30, 2026
Rupeek · m.economictimes.com · Feb 10, 2026
Frequently asked questions
- How many investments has VEF made?
- VEF has 10 tracked investments, 1 of which have exited.
- What stage does VEF invest at?
- VEF invests at the Seed, Growth, Late Stage stages.
- What is VEF's typical check size?
- VEF typically writes checks of $5K – $5M.
- What sectors does VEF focus on?
- VEF focuses on Fintech.
- Where is VEF located?
- VEF is headquartered in Stockholm, SE.
- Does VEF lead rounds?
- Yes, VEF leads investment rounds.
- Who does VEF co-invest with?
- VEF most often shares deals with Accel, Peak XV Partners, Trifecta Capital Advisors, among 35 tracked co-investors.
Media · Podcasts & interviews
featuring the teamSatsar (nästan) allt på TRE bolag - David Nangle, VD VEF - Sparpodden 516
Nordnet Sverige · David Nangle
David Nangle, how do Creditas and Konfio contribute to VEF's success in volatile times? A talk
Good Investing Talks · David Nangle
Images
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