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Part of the funding will be used to increase Jeff’s team from about 15 people now to more than 40 employees for its offices in Latvia and Southeast Asia. Before launching Jeff, Niparts was CEO of Spain for Digital Finance International, a fintech company that is part of the Finstar Financial Group.
Though it is based in Latvia, Jeff will continue focusing on unbanked people in South and Southeast Asia, said founder and chief executive officer Toms Niparts. ” Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group. Jeff currently claims more than 300,000 users in Vietnam.
It will aim to make the European Union the most attractive place to create a startup, in comparison with obvious global leaders like the U.S. EU-based campaign groups are, generally speaking, wildly in favor of the SNS. There are other groups that are enthusiastic but also concerned.
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