Finam Capital - Media Room

Badoo.com Breaks Zynga's Facebook App Dominance
Badoo has now overtaken Zynga’s FarmVille to become the 2nd most popular application on Facebook with over 56 Million MAU (Monthly Active Users), surpassing all Non Game based Facebook Applications across the World.

31.01.2011

Badoo.com Tops 100 Million Users
Badoo.com (www.badoo.com), the world’s largest and fastest-growing “social dating” site, announced that it has passed the milestone of 100 million users.

13.09.2010

Finam Capital completes exit from Astrostar
Astrostar.ru, Direct Group and Finam Capital announce the completion of the transaction under which Direct Group acquired 100% of LLC "Astrostar.ru, Russia's largest online provider of astrological content and services.

06.07.2010

Finam Capital invests in minority stake of Banki.ru
Finam Capital acquired a significant minority stake in Banki.ru, Russia's largest online financial information provider. The funds will be used to expand the service offerings of Banki.ru. "We've been watching Banki.ru for a few years and became convinced about the success of their business model" said Victor Remsha, the Chairman of Finam Group.

04.02.2010

Almaz Capital Partners purchases shares in Alawar Entertainment from Finam Capital.
Alawar Entertainment today announced that venture capital firm Almaz Capital Partners, general partner of Almaz Capital Russia Fund I (also known as Almaz Capital/Cisco Russia Fund I), signed an agreement with Finam Capital to purchase Finam’s equity stake in Alawar Entertainment. Under the terms of the transaction, Almaz Capital Partners will acquire a 23% stake in the company, which Finam acquired after several rounds of investments starting August 2007.

17.11.2009

Finam Technology Fund I made a follow-on investment in Badoo.com social network
Close-ended mutual fund of venture investments Finam – Information Technologies has exercised an option and partly paid the transaction to acquire a 10% interest in World Wide Vision, a company that manages global socializing site Badoo.com. The deal was transacted by the mutual fund’s subsidiary which already held a 10% equity stake before the deal. So, now Finam – Information Technologies consolidated 20% of the social network.

01.10.2009

National Rating Agency improves the individual reliability rating of Finam Asset Management
National Rating Agency has raised Finam Management’s individual reliability rating to A (high reliability). The consistent corporate strategy and balanced financial policy, as well as Finam Asset Management market position, were taken in consideration when upgrading the rating.

10.09.2009

Moneymail starts cooperation with VKontakte
The users of vkontakte.ru can now purchase special “VKontakte points” using Moneymail payment system. VKontakte.ru is the leading social network of Russian internet, and allows its users to communicate, establish connections with friends and colleagues, share photos and video and make new acquaintances.

05.09.2009

Alawar's games to launch at MySpace
MySpace, the world’s premier lifestyle portal, and Alawar Entertainment, the leading publisher and distributor of casual games in Eastern Europe, are launching an Alawar games section on MySpace Russia (www.Myspace.com).

29.08.2009

Rambler and Begun announce results of context advertising sales for 1H 2009
Begun together with Rambler Group announce the financial results of context advertising sales for the first half of 2009. Consolidated revenue of Rambler holding, generated by context advertising, was 516m rubles for the period, and Begun corresponds for the bulk of it. The majority of context advertising revenue was generated by automotive, medical and industrial advertisers. Over 30 000 clients used the services of Begun for the period.

22.08.2009

Mamba Announces 1H 2009 Results
In 2009 Mamba focused on the development of alternative payment methods. As a result, the revenue generated by alternative payment methods for 1H 2009 amounted to 72m rubles versus 80m for the whole year 2008. (80% growth y-o-y). Revenue from SMS payments (208m rubles) constituted 71% of total revenue for the first 6 months of 2009.

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