Company VEF AB

Equities

VEFAB

SE0016128151

Investment Management & Fund Operators

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-05-20 pm EDT			5-day change	1st Jan Change
1.806 ^SEK	+0.89%		+0.22%	-18.65%

May. 15	VEF rated 'Buy' by Affärsvärlden; discount attracts despite criticism of bonus scheme	FW
May. 11	VEF appoints two new board members	FW

Business description: VEF AB

Vef AB (publ) is a Sweden-based investment company. The Company invests in growth stage private fintech companies, take minority stakes and is an active investor with board representation in its portfolio companies. The Company focuses on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. The portfolio consists of such companies as lending company Creditas, digital banking company Konfio, TrnasferGO which conducts digital money transfers, payment company Juspay, Revo offering financing solutions for customers, FinanZero supporting digital marketplace for consumer loans, or Nibo which operates as a software as a service (SaaS) provider.

Number of employees: 8

Sales by Activity: VEF AB

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Invests in Equity Securities	285M	-369M	74.41M	-78.36M	102M

See all business segments

Executive Committee: VEF AB

Manager	Title	Age	Since
David Nangle CEO	Chief Executive Officer	51	2014-12-31
Kim Ståhl DFI	Director of Finance/CFO	-	2023-10-02
Alexis Koumoudos CIO	Chief Investment Officer	-	2021-10-05
Cathal Carroll CIO	Chief Investment Officer	-	-
Helena Caan Mattsson LAW	General Counsel	39	-

See VEF AB governance

Composition of the Board of Directors: VEF AB

Director	Title	Age	Since
Lars O. Grönstedt CHM	Chairman	72	2014-12-31
Per Brilioth BRD	Director/Board Member	57	2014-12-31
Allison Goldberg BRD	Director/Board Member	49	2019-12-31
David Nangle BRD	Director/Board Member	51	2014-12-31
Hanna-Leena Loikkanen BRD	Director/Board Member	56	2020-12-31
Katharina Lüth BRD	Director/Board Member	-	2022-12-31

Composition of the Board of Directors

Shareholders: VEF AB

Name	Equities	%	Valuation
Conifer Management LLC 20.9 %	217,718,740	20.9 %	45 M kr
Gemsstock Ltd. 8.68 %	90,439,049	8.68 %	19 M kr
Fidelity Management & Research (Hong Kong) Ltd. 7.062 %	73,573,525	7.062 %	15 M kr
City of London Investment Management Co. Ltd. 6.536 %	68,095,558	6.536 %	14 M kr
Saba Capital Management LP 4.518 %	47,067,706	4.518 %	10 M kr

List of VEF AB shareholders

Holdings: VEF AB

Name	Equities	%	Valuation
VEF AB 2.41%	25,102,000	2.41%	5 M $

Company details: VEF AB

VEF AB

Mäster Samuelsgatan 1

111 44, Stockholm

+46 8 54 50 15 50

http://www.vef.vc

Venture Capital

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
VEF AB	+0.89%	+0.22%	-6.04%	-18.21%	197M
BB BIOTECH AG	+0.92%	-3.40%	+49.24%	-0.23%	3.09B
HERCULES CAPITAL, INC.	+2.16%	-1.39%	-12.43%	+12.28%	2.88B
MIRAE ASSET VENTURE INVESTMENT CO., LTD.	-11.02%	-6.08%	+1,004.08%	+960.78%	1.92B
HBM HEALTHCARE INVESTMENTS AG	+1.07%	+0.64%	+35.01%	+18.24%	1.99B
MOLTEN VENTURES PLC	+1.84%	-2.84%	+87.18%	+114.55%	1.4B
OCTOPUS APOLLO VCT PLC	0.00%	0.00%	+0.43%	-4.98%	692M
OCTOPUS TITAN VCT PLC	0.00%	0.00%	-46.58%	-72.54%	432M
ALBION ENTERPRISE VCT PLC	0.00%	0.00%	-1.83%	-10.79%	377M
BRITISH SMALLER COMPANIES VCT PLC	0.00%	0.00%	-2.61%	-4.49%	374M
Average	-0.41%	-1.64%	+110.65%	+99.46%	1.33B
Weighted average by Cap.	-0.54%	-2.68%	+165.74%	+152.16%