< Fintech's Most Powerful Dealmakers of 2016

25. Vladislav Solodkiy
Managing Partner
Life.SREDA
Last year: 25

Venture capital firm Life.SREDA started out in 2012 as part of Moscow’s LIFE Financial Group, where Vladislav Solodkiy was vice president of marketing. He raised two funds totaling $140 million and invested early in digital banks like Fidor, Moven, and Simple. The $117 million acquisition of Portland, Oregon–based Simple by Banco Bilbao Vizcaya Argentaria in 2014 was a landmark in fintech and a decision point for Solodkiy. Because his Moscow base made it difficult for him to be in close touch with burgeoning centers of innovation, particularly in Asia, he moved Life.SREDA to Singapore in May 2015. He notes that while global fintech investments hit record highs of $21 billion in 2015 and $12.7 billion in the first half of 2016, “Asia became No. 1,” ahead of the U.S. and Europe. Although much of the Asian money is flowing from China, which Solodkiy says poses “a challenge to Japan, South Korea, and Singapore” in growing their ecosystems, he is doing his part to boost the numbers. Over the past year Life.SREDA has invested in six companies, including Philippines-based Ayannah Information Solutions, a digital commerce and payments service targeted to the unbanked, and Singapore’s Fastacash, a payment system for social and messaging networks. The 33-year-old Solodkiy, who churns out semiannual “Money of the Future” research reports that run to hundreds of pages, is pushing other levers. Envisioning modernized banking infrastructures based on open architectures and application programming interfaces, Solodkiy is promoting a concept he calls bank-as-a-service (BaaS), a platform on which incumbents and upstarts can collaborate, innovate and operate efficiently at scale, even overcoming cross-border regulatory complications. “Asia has a unique opportunity to surprise the world through creation of the first full-stack fintech bank,” he says. Meanwhile, Solodkiy has assumed the role of “partner-visionary” in the €100 million ($110 million) Banking on Blockchain Fund announced in April by digital banking veterans David Brear, Simon Taylor, and others associated with recently formed London consulting firm Eleven FS Group. “Blockchain will play a crucial role for fintech development in underbanked countries,” Solodkiy predicts.

 
The 2016 Fintech Finance 35

1. Jonathan Korngold General Atlantic 2. Matthew Harris Bain Capital Ventures 3. Jane Gladstone Evercore Partners Advisors and Their Clients Call for New Asset Classes in Model Portfolios Sponsored by BlackRock May 6, 2025 4. James Robinson III & James Robinson IV RRE Ventures 5. Steven McLaughlin Financial Technology Partners 6. Amy Nauiokas & Sean Park Anthemis Group

7. Richard Garman & Brad Bernstein FTV Capital 8. Gerard von Dohlen Broadhaven Capital Partners 9. Darren Cohen Goldman Sachs Group 10. Hans Morris Nyca Partners 11. Meyer (Micky) Malka Ribbit Capital 12. Maria Gotsch Partnership Fund for New York City

13. Barry Silbert Digital Currency Group 14. Jay Reinemann Propel Venture Partners 15. Mariano Belinky Santander InnoVentures 16. Justin Brownhill & Neil DeSena SenaHill Partners 17. François Robinet AXA Strategic Ventures 18. Vanessa Colella Citi Ventures

19. Michael Schlein Accion International 20. Kenneth Marlin Marlin & Associates 21. Rumi Morales CME Ventures 22. Alastair (Alex) Rampell Andreessen Horowitz 23. Steve Gibson Euclid Opportunities 24. Fabian Vandenreydt SWIFT

25. Vladislav Solodkiy Life.SREDA 26. Gardiner Garrard III TTV Capital 27. Nektarios Liolios Startupbootcamp Fintech 28. Lawrence Wintermeyer Innovate Finance 29. Bina Kalola Bank of America Merrill Lynch 30. Hyder Jaffrey Fintech Innovation

31. Calvin Choi AMTD Group 32. Janos Barberis FinTech Hong Kong 33. Jalak Jobanputra Future Perfect Ventures 34. Sopnendu Mohanty Monetary Authority of Singapore 35. Oskar Mielczarek de la Miel Rakuten FinTech Fund