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

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. ^[1] 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%^[2]. 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