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 PYMNTS.com. Source.
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.