Oleg Viktorovich Boyko

Oleg Viktorovich Boyko ( Russian Олег Викторович Бойко ; born September 28, 1964 in Moscow ) is a Russian entrepreneur , manager and international investor .

Oleg Boyko is an international investor and chairman of Finstar Financial Group , a diversified private equity firm. Finstar manages and advises portfolio companies and assets around the world. Finstar has assets under management of over $ 2 billion. Oleg Boyko's interests extend to Europe, the United States, Asia and Latin America. He currently ranks 1561 on the world's billionaires list . His personal wealth is estimated at $ 1.4 billion.

Educational path

Oleg Boyko studied at the Moscow State Aviation Institute , where he specialized in radio electronics. Boyko then obtained a Master of Business Administration from the Russian Academy of Economics and Public Service under the President of the Russian Federation . Between 1982 and 1986 he worked at the Lomonosov University in Moscow .

Career

Logo of the Finstar Financial Group

International serial investor Oleg Boyko has a diverse portfolio and has successfully invested in various industries including financial services , banking, IT , retail , real estate, entertainment and steel.

From an early age Boyko became interested in the financial sector and began his career in the IT and finance industries while studying. He is credited for introducing the first Moscow stores to credit card readers in the 1990s.

In 1996, Boyko and a select team of professional executives founded Finstar Financial Group as an investment vehicle and management company to identify, invest in and actively manage companies on behalf of Boyko and other private investors.

As chairman of Finstar, the international investor Oleg Boyko has now instructed Finstar to focus primarily on the areas of digital financial services and fintech. In the non-core businesses, Finstar is represented in real estate, entertainment and FMCG retail.

In 1999 Boyko was a joint investor with Alexander Abramov in EvrazHolding . He combined three steelworks and thus founded one of the world's largest vertically integrated steel producers. In 2004 Boyko sold his 25% stake in EvrazHolding for about $ 600-700 million before listing it on the London Stock Exchange.

In 2002 Boyko founded the Ritzio Entertainment Group and invested in casinos and gambling. A business that expanded in Russia before it became internationally interesting. Russian business crashed abruptly when Vladimir Putin banned gambling in 2009. In 2010 Boyko became an investor in lottery deals in Russia and Ukraine, including the national lottery in support of the 2014 Winter Olympics in Sochi . He later sold all of his lottery holdings.

In 2003 Finstar acquired a majority stake in the Latvian commercial bank Baltic Trust Bank. Until 2006, the Baltic Trust Bank was ranked 13th out of 24 banks in Latvia and had one of the largest branch networks with 74 branches in all of Latvia. In 2006 Finstar sold its 79% stake in GE Capital, General Electric's banking and finance division.

In 2006 Boyko entered the real estate market through a new holding company called Finstroy.

Also in 2006 Finstar acquired 75% of Rive Gauche under Boyko. At the time it was a local company with stores mainly in Saint Petersburg; Under Boyko, Rive Gauche developed into the second largest cosmetics and perfumery chain in Russia. In 2012 Boyko sold 51% of its shares to a consortium of investors, but still holds 24% of the company.

Boyko was also involved in film production and co-produced Frank Miller's Sin City: A Dame to Kill For in 2014 and is co-producer on Scarlett Johansson's directorial debut for the film Summer Crossing, which is based on a novel by Truman Capote .

Business interests

Logo the London Stock Exchange

Oleg Boyko's current focus is on the digital financial services, fintech and financial technology sectors and is supported by his extensive banking experience.

According to Boyko, FinTech is the "biggest blue ocean" in business. It provides products and services for individuals who do not have access to traditional financial services and for those who are underserved by the big banks.

Therefore Boyko is expanding its activities in technology-based, data-driven and innovative financial service platforms and business alternatives to the conventional banking sector. Boyko is determined to capitalize on changes in global consumer behavior, advances in technology and data science, and the growing power and availability of mobile devices. He wants to offer an alternative banking option to all consumers who do not have access to traditional financial services and banks. Alternative financial services first addressed the needs of these customers.

Finstar's portfolio includes Spotcap, an online lending platform for SMEs, Prestamos Prima, an online financial services provider for consumers, and Viventor, a peer-to-peer lending platform.

In 2017, Oleg Boyko announced his intention to invest $ 150 million in fintech companies and in-house research and development activities in portfolio companies. The first phase of a global fintech investment plan has already started. It has pledged to invest up to $ 50 million in the consumer credit business of the Asia-Pacific region.

Parasport Foundation

Boyko founded the Parasport Foundation during the Turin 2006 Winter Paralympic Games . The foundation offers Paralympic athletes support with training and participation in competitions and for maintaining physical and mental health and also promotes equality for people with disabilities. The foundation recently became an official partner of the Russian Paralympic Committee and has a presence in Asia. In 2016 Boyko co-organized the 10th anniversary celebrations with an event in Moscow. Representatives of the Paralympic Committee from 25 countries took part. Since 2006 Boyko has also been chairman of the Paralympic Movement Development Committee of the Russian Paralympic Committee. After the successful funding from Parasport of the IWAS Games 2015 in Sochi, he was appointed a member of the International Wheelchair and Amputee Sports Federation (IWAS) Development Committee in October 2015.

Individual evidence

Web links

personal data
SURNAME	Boyko, Oleg Viktorovich
ALTERNATIVE NAMES	Бойко, Олег Викторович (Russian)
BRIEF DESCRIPTION	Russian entrepreneur, manager and international investor
DATE OF BIRTH	September 28, 1964
PLACE OF BIRTH	Moscow

[Forbes-1] Oleg Boyko. Forbes

[2] Finstar Financial Group. Crunchbase

[Fstech-3] Interview: Oleg Boyko, chairman, Finstar. Fstech

[4] Finstar Enters APAC With USD 50mm Fintech Commitment. Prnewswire

[Russia_Beyond-5] Billionaire Oleg Boyko invests in Scarlett Johansson. Russia Beyond

[6] The key rate: billionaire Oleg Boyko nurturing plans for a global fintech leader

[7] The US List of Russian Oligarchs Is a Disgrace. Bloomberg

[8] El grupo de Finstar Financial Group Oleg Boyko anuncia su retirada de las actividades de la lotería del estado ruso operadas por Pobeda. Eleconomista.es

[9] Management Report on the Bank's and the group's operations during 2006. JSC "Baltic Trust Bank"

[10] GE Money buys Baltic Trust Bank. The Baltic Times

[Ceeretail-11] Rive Gauche plans IPO

[Finextra-12] European Fintech: Trends, Adoption and Investment. Finextra

[13] European Fintech Trends According to VC Investors. The Fintech Times

[14] Europe Invests in Fintech. Finsmes

[Finsmes-15] Millennials Create Wave of Fintech Opportunities. Finsmes

[16] Rocket Internet's Spotcap Raises Further € 31.5M To Lend To Small Businesses. Tech crunch

[17] Russian investor joins Spotcap. Handelsblatt

[18] Viventor, de Prestamos Prima centra su interés en el mercado europeo de la tecnología financiera, en colaboración con el Grupo financiero de holding de inversión Finstar. Estrategiasde inversion

[19] Finstar Financial Group to Strengthen Position in the APAC Fintech

[20] Finstar commits $ 150m to fintech investment. Finextra

[21] International investor outlines first phase of $ 150m fintech investment scheme. AltFi

[22] The Parasport Foundation Celebrates Its 10th Anniversary. Business Wire

[23] Russia finish top of medals table as IWAS World Games conclude in Sochi