# Blue Star Capital Investment update on Stahler

- Link: https://www.directorstalkinterviews.com/blue-star-capital-investment-update-stahler/412728830
- Published: 2017-05-09T07:18:40+01:00
- Author: Giles Arbor

**Blue Star Capital Plc** (LON:BLU) have today announced that one of its investee
companies Sthaler Limited (“Sthaler”) has successfully raised £3million at a pre-
new money valuation of £20 million. This represents a significant uplift to the 
post-new money value of Sthaler of approximately £9.4 million in January 2017 when
Sthaler last raised capital. Blue Star invested £50,000 into Sthaler in June 2015
as part of a total raise by Sthaler of £450,000 with a post money valuation at that
time of £3.4 million.

Sthaler is an identity and payments technology business which enables a consumer
to identify themselves and pay using just their finger at retail points of sale.

The Company has to date invested £50,000 in Sthaler. This latest round of investment
in Sthaler values the Company’s stake of 1 per cent. at £227,000.

Sthaler is a UK based technology business that has jointly developed Fingopay in
conjunction with Hitachi. Fingopay uses a unique finger vein ID process which is
considered to be more secure than finger print readers and faster than chip and 
pin operations. The technology is widely adopted in Japan and it is Sthaler’s aim
to commercialise the technology in the area of payments globally.

> **Tony Fabrizi CEO of Blue Star Capital Plc commented:** “We are pleased to see
> Sthaler is continuing to attract investment and we look forward to Stahler announcing
> further customers over the coming months.”

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