FINNISH BUSINESS ANGEL OF THE YEAR 2015 Moaffak Ahmed
Moaffak Ahmed is one of the most active and respected technology focused business angels in Finland. Moaffak has been involved in establishing several companies, the most successful being financial software company Trema (today Wall Street Systems), which was founded Finland in 1992. As co-founder of Trema, Moaffak was instrumental in building the global leader in software solutions for central banks and corporate treasuries of Fortune 500 companies, with clients like Citibank, European Central Bank, GE Capital, and Unilever. Moaffak has invested in over 35 startup companies, including Smartly.io, Next Games, Kopla Games, MyNextRun, Nosto, Vizor.io and Pryte, which was last year acquired by Facebook. In addition to investing, he is very actively contributing pro bono in sharing best practices and mentoring startups at Slush, Startup Sauna, FiBAN and several international accelerator programs.
”Finland has very high potential for creating scalable global companies. The ecosystem for funding and other support for startups is rapidly becoming world-class. We are finally seeing that risk and potential failure are not to be feared but rather accepted as necessary aspects of building ambitious startups. Now is a great time to start a new company.”
MOTIVATION FOR SELECTION
“Moaffak Ahmed has had an crucial role inspiring Finnish startup culture. He has actively supported and accelerated startup companies by sharing his own experience and connections. Moaffak is an excellent example for other business angels in how crucial it is to be actively hands-on involved in supporting the potential growth companies.”
- Jaakko Salminen, FiBAN’s chairman 2015
Previous winners of “Finnish Business Angel of the Year” were Jari Ovaskainen and Ari Korhonen.
Visibility in Finnish media
FINNISH BUSINESS ANGELS NETWORK
FiBAN is a Finnish, national, non-profit association of private investors that aims to improve the possibilities for private persons to invest in unlisted potential growth companies. The association’s work is based on the activity by private investors and cooperates with networks supporting high-growth goals.
The FiBAN network is today one of the largest and most active business angel networks in Europe with 500 approved members and over 100 events held year 2014. FiBAN is a member of the European Business Angels Network (EBAN) and was chosen as the "Business angel network of the year 2012". FiBAN was awarded as "Best performing angel network in 2014" from having demonstrated excellence and commitment to driving business angel investment over the last year.
Jaakko Salminen, Chairman
Jan Oker-Blom, Managing Director
Claes Mikko Nilsen, Network Manager
FiBAN's news about startup investing.