Mastercard Vice Chair Joins UPL Alums in Climate FinTech Venture Investing
13 October 2022 Vidavo Ventures has announced that Gilberto Caldart, the top executive and one of the architects of Mastercard’s international expansion and accelerated growth, has joined the firm in the role of Venture Partner to spearhead Climate Fintech investment efforts.
Believing that the next decade will be the most consequential of our fight against climate change, Vidavo invests in innovative companies that can scale quickly and drive significant impact. The firm is headed by former Arysta LifeScience CEO and UPL Global COO Diego Lopez Casanello, along with a team of top industry leaders and VC professionals with the inside track to energy intensive industries like agriculture, industrial manufacturing, and mobility. Vidavo’s mission is to transform these industries from the inside out.
Caldart is currently Executive Vice Chairman of Mastercard, where he led the company’s International Business. Prior to that, he was responsible for the company’s activities in Latin America, and earlier in his career he was a Senior Executive at the Consumer Group of Citigroup/Citibank in Brazil and New York.
Fintech innovation and climate investing are crucial enablers of a zero carbon future in agriculture and the global economy as a whole, creating great opportunity for high return venture investments in areas like impact financing, carbon credits trading and accounting, and climate risk management.
“The opportunities have never been greater for investing in the climate tech space,” said Caldart. “The Vidavo team’s deep experience and the urgency of their approach toward making an immediate difference is very attractive. I look forward to building an enduring partnership through which we can truly have an impact in the fight against climate change.”
“Gilberto has shown himself to be not only a great leader, but a committed advocate for innovation and technology, which makes him a perfect partner for Vidavo. His experience will be key in helping us become the best in this field to turn the tide on climate,” said Vidavo Managing Partner and CEO Diego Lopez Casanello.
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