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 PYMNTS.com. Source.