Life.sreda backs Scorista.ru
Life.sreda Venture Capital has invested in Scorista.ru, a Russian online credit assessment service for micro finance institutions (MFI), giving the company a value of $3-4m, according to the firm’s analysts.
The investment will be used to further develop the project, which has just completed its pilot mode.
Life.sreda was attracted to the company because the firm believes Scorista's scoring tool will become in demand in Russia's developing microlending market, which is still quite small.
Company
Founded in 2013 and headquartered in Moscow, Scorista has developed a cloud-based credit scoring tool for MFIs, pawn shops, lending cooperatives and both online and brick-and-mortar shops in Russia.
The service is available for lenders to use on borrowers applying for loans of up to RUB 100,000 for a one-year period. The processing fee is RUB 22 per borrower.
People
Scorista was founded by project manager Maria Weichman and director Ivan Tretyakov. Alexander Ivanov is a partner at Life.sreda.
More on CEE
BHM Group builds on PE strategy, eyes European medtech and renewable energy acquisitions
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Trind VC plans up to five early-stage investments in next six months
VC has deployed around 10% of its second, EUR 55m fund and plans to invest in up to 40 startups
Letter from the editor: Unquote is moving to Mergermarket
Unquote Editor Harriet Matthews outlines Unquote.com's upcoming move to the Mergermarket platform and the new capabilities and intelligence that this brings to Unquote readers
Actera Group explores strategic options for Celebi Ground Handling
Several investors placed bids for the company in 2022 but mismatch in pricing didn't lead to a deal
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater