Fintech Leaders David Nangle, Managing Partner at VEF – Navigating a Bear Market, Running a Publicly Traded VC, & How to Invest in Emerging Markets
Miguel Armaza sits down with David Nangle, Managing Partner at VEF (STO: VEFAB), one of the few publicly listed venture capital firms that exclusively invests in fintech across emerging markets, with a portfolio of $750 million of Net Asset Value covering Brazil, Mexico, India, Pakistan, Zambia, and many more interesting countries. Some of the companies they’ve backed include Creditas, Konfio, Tinkoff, Jumo, and Minu.
In this episode, we discuss:
- Benefits and challenges of a permanent capital structure and why being a publicly listed firm, better prepares VEF to invest in emerging markets with a very long-term lens.
- The opportunity of fintech in emerging markets and why Dave considers Brazil to be one of the most attractive fintech markets around the world.
- Navigating this bear market. How growth and pre-IPO companies should be adapting to this reality and why it could help all entrepreneurs to adopt an ‘emerging market mindset’.
- Dave’s advice for new incoming emerging market investors… and a lot more!
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Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.
Miguel on LinkedIn: https://bit.ly/3nKha4Z