Rocket Internet Makes Big Push into Fintech and AI

Rocket Internet is looking to make an investment push into fintech and artificial intelligence as it looks to deploy $3bn in cash; Chief Executive Oliver Samwer was reported to push for the investments, though there is still an open question as to when they would make the investments; “We are looking for opportunities in the tech sector… There is no set timeframe,” the ecommerce investor’s chief executive Oliver Samwer told journalists as reported by Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.