Schwarzwald Capital

Schwarzwald Capital, established in 2021 and based in Limassol, Cyprus, is a venture capital firm focused on investing in innovative fintech and creator economy startups. The firm targets pre-seed and seed-stage companies, particularly those in the post-MVP and pre-traction phases, across Europe, the USA, and LATAM. Co-founded by Murad Salikhov and Kyrillos Akritides, both seasoned entrepreneurs and C-level executives with extensive fintech and banking industry expertise, the firm aims to accelerate the growth of startups transforming the creator economy. Schwarzwald Capital recognizes the significant potential of this rapidly growing industry and seeks to support projects offering solutions to content creators' challenges, thereby consolidating and advancing the creator economy.

Kyrillos Akritidis

Co-Founder and Managing Director

1 past transactions

Vesta

Venture Round in 2025
Vesta Corporation is a provider of electronic payment solutions, specializing in client-branded services that enhance payment processing for merchants. The company offers a range of merchant solutions, including vSafe for Small to Midsize Businesses, which focuses on payment and fraud protection for smaller digital goods merchants, and vSafe for Enterprise, designed for comprehensive payments management and enterprise-level fraud prevention. Additionally, Vesta provides vGuaranteed, a payment solution tailored for online retailers, and DelayPay, a retail installment program that allows prepaid wireless customers to pay for services in installments. Founded in 1995 and headquartered in Lake Oswego, Oregon, Vesta operates globally, with centers in the United States, Ireland, China, and an office in Singapore. The company serves diverse industries, including e-commerce, telecommunications, and financial services, processing hundreds of millions of secure payments across various channels while prioritizing data security and fraud loss elimination.
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