Finam

Holding structure

Finam Investment Holding offers legal entities and individuals a line of investment services - from providing an opportunity to invest funds in the securities market and trust management of assets to comprehensive support for business purchase and sale transactions and capital transactions (IPO, private placement of shares, etc.).

The structure of the FINAM investment holding includes:

• investment company FINAM (the largest Russian broker),
• investment bank FINAM,
• management company "Finam Management,"
• Finam Insurance,
• ANO "Training Center" FINAM "(leader of Russian stock education),
• Information and analytical agency "FINAM" (online resource Finam.ru),
• FINAM LIMITED (a licensed European broker) and a number of other companies.
• FINAM Global is a division of the FINAM investment holding, uniting such areas of work as direct investment, private investment, investment banking (in terms of TMT companies), international development of Internet projects and a number of others. The total value of the investment portfolio managed by FINAM Global, which includes more than 30 projects, exceeds $1 billion.

The holding pursues an active policy in the field of direct investment, investing in the acquisition of high-tech projects.

Aktivs

• 20% in the British social network Badoo
• about 70% in the social network Mamba.ru, (more than 30% - from Mail.ru Group)
• 85% in the social network "World Tesen"
• 30% of the marketing company "Ashmanov and Partners"
• blocking package in MoneyMail electronic payment system.
• Together with Igor Ashmanov, Finam founded the Search Technologies company, which owns a large aggregator of news traffic Novoteka.ru.
• participation in the business of the advertising network "MarketGuide"

History

2025

Creation of AI laboratory

Finam has created its own Artificial Intelligence Laboratory - the key task of the division will be the production of AI models in the field of finance. The introduction of AI is one of the company's priorities, leading industry experts work in related divisions, and significant investments are directed to research and development in the field of artificial intelligence. The company announced this on June 10, 2025.

This unit will be headed by the leader of the NLP Core team. Dmitry Zmitrovich The NLP Core team previously worked in "" and Sberbank has made significant progress in the field of artificial intelligence, among its achievements are the creation of a number of SOTA models for, Russian language active participation in the creation GigaCode and participation in the first pretreins. GigaChat

The main tasks of the team will be research in the field of AI, the development and implementation of new services. The lab aims to rapidly introduce research into practice and create breakthrough products such as an AI trader and software development tools.

Artificial intelligence has transformed the financial industry in a short time, opening new horizons for development. We see more than a trend in AI technologies - this is a rethinking and a new level of brokerage services, and the NLP Core team led by Dmitry Zmitrovich will become a powerful boost to the company's AI transformation process. The laboratory not only consolidates existing developments and scales the successful practice of introducing artificial intelligence into business processes, but also takes on the role of a research center. We expect from Dmitry's team breakthrough products, innovations, and in the future - the emergence of new startups based on the development of the division, - said Sergey Zagarsky, head of the IT block of Finam FG.

The ambitious tasks set for the Artificial Intelligence Laboratory will fully unleash the potential of the NLP Core team. We are confident that we will be able to create the best products based on Al not only for the Russian market - the Artificial Intelligence Laboratory intends to create its own AI model for finance and achieve new heights in the field of AI in development, "said Dmitry Zmitrovich, head of the Finam Artificial Intelligence Laboratory.

Finam was one of the first Russian brokers to integrate its own developments based on artificial intelligence as an effective tool for making investment decisions and optimizing business processes within the company. Among Finam's innovations in this area is the powerful free Finam AI-screening service, in which artificial intelligence analyzes paper and predicts market trends.

In addition to an artificial intelligence-based service for investors, Finam uses generative AI technologies to solve various problems within the company. The Finam.AI ecosystem includes the development of 11 areas as of June 2025. AI-based tools help to select personnel, implement the mechanics of complex search in large amounts of data, optimize routine processes and improve the quality of client service.

Launch of ₽12 billion venture capital fund for IT companies preparing for IPO

In May 2025, the Finam group of companies announced the launch of a venture capital fund of up to ₽12 billion, focused on IT companies preparing for an initial offering of shares (IPO) on the horizon up to five years. The project was co-founded by venture investor Alexei Basov. This was announced by the President - Chairman of the Board of Finam Vladislav Kochetkov.

According to RBC, the fund is being created with the expectation of a rapidly growing technological sector. Of the declared ₽12 billion, ₽2,5 billion are the own funds of one of the largest professional participants in the stock market. The remaining part is planned to be attracted from private investors. It is assumed that the structure will be available to a wide audience through the public placement of shares.

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Фото: Freepik

According to the newspaper, the project involves a model of a mass fund, in which tens of thousands of private investors can participate. According to Vladislav Kochetkov, the emphasis is on liquidity and the secondary market, so that shareholders have the opportunity to quickly enter and leave positions. Registration of documentation is already taking place in the prescribed manner.

According to preliminary data, 15 to 20 IT companies were selected for investment. Their names were not disclosed. The volume of investments in one company can range from ₽300 million to ₽700 million. The funds will be used exclusively to grow and scale the business, as well as prepare for entering the stock market. The repurchase of shares from current shareholders is excluded.

The fund assumes work in the format of a pre-IPO. Vladislav Kochetkov clarified that companies will be obliged to bring their structure in line with market requirements - to change the form of ownership, build a transparent corporate governance system, and form a board of directors. The venture capital fund, in turn, will provide support in financial, legal and organizational preparation for the placement.

As part of the strategy, the fund plans to withdraw from projects after the IPO - at a higher valuation. This approach is aimed at ensuring the effectiveness of investments and supporting the growth of high-tech companies capable of entering the public market.^[1]

2022

Central Bank prohibits the purchase of a bank in Kyrgyzstan

Finam, which in July 2022 considered the purchase of a bank in Kyrgyzstan, abandoned this idea - it was not approved by the Central Bank.

Restriction on operations with dollars and euros due to US sanctions amid conflict in Ukraine

Finam broker on June 22, 2022 temporarily limited operations with currency - it became impossible to enter and withdraw dollars and euros from the account. The president of the holding, Vladislav Kochetkov, explained the failure by sanctions pressure on counterparties of a large correspondent bank and promised to solve the problem in the next 7-10 days.

2021: Seventh among brokerages by number of customers

2003: Purchase of contextual advertising service "Runner"

In 2003, Finam bought the contextual advertising service Runner (subsequently sold a controlling stake to Rambler).

2005: Finam buys Mamba for $22 million

In October 2005, when the number of questionnaires in the dating service database Mamba.ru exceeded 4.5 million, the most popular dating site in Russia was acquired for $22 million by the Finam investment holding. ^[2] The revenue of the resource was then estimated at $5.7 million. It turned out that the P/S indicator (price to revenue) was 3.9. Almost all the money went to Andreev, says the founder of Finam Viktor Remsha.

2009: Increased share in Badoo service to 20%

In November 2009, Finam doubled its stake in the British social network Badoo to 20%^[3]. For three years, the network has become profitable, the investment company claims. Finam exercised an option received in 2007 with the purchase of 10% Badoo for $30 million.

2019: Sale of stake in MagicLab holding for $600m

In November 2019, Andrei Andreev, together with the investment company Finam, sold the MagicLab holding, which combines the dating services Badoo and Bumble. Buyer - Blackstone fund paid $3 billion for the asset. "Finam" received a 30-fold return on its investment in Badoo. Read more here.

Notes