Suez Capital Exits two Fintech Subsidiaries

Suez Capital Exits two Fintech Subsidiaries

12 December 2016

Shiv Shankaran Nair, Chairman of Suez Capital Ltd, announced in London today that the company had exited two FinTech startups, Scheduit and HippoData, through an all-cash sale to Six Capital Ltd of Singapore. Suez Capital had incubated both these companies, as sole investor in 2014 and had built them up to the position where they were chosen to join the Microsoft Ventures Accelerator in London. Dr. Abdalla Kablan, CEO of Scheduit, retain his position and will continue with the new owners. Rustam Ismailov the Director for Business Development has resigned to return to Suez Technologies Ltd. Six Capital is a Singaporean Company, which has pioneered the concept of “crowd-trading”, by harnessing the power and wisdom of crowds to generate data.

30 January 2017