Fasanara Capital – a London-based asset management and technology platform – has secured a strategic circa $200 million mandate from one of Canada’s largest pension funds. These latest funds will be used by Fasanara Capital to support further expansion of its global fintech ecosystem.
Fasanara Capital – a London-based asset management and technology platform – has secured a strategic circa $200 million mandate from one of Canada’s largest pension funds. These latest funds will be used by Fasanara Capital to support further expansion of its global fintech ecosystem.
Funds will be used to lend to the real economy, to either invoice receivables, working capital facilities, short term SME loans, and an array of specialty finance products.
The new funds follow Fasanara Capital’s $350 million VC Fund which launched in mid-2022 and is dedicated to making equity investments in the next-generation of global fintech and Web3 pioneers. The mandate also helps Fasanara complement and complete its offering to fintech companies while giving its portfolio even greater resilience and diversity.
Launched in 2011, Fasanara Capital is a tech-enabled asset manager and Europe’s largest lender to fintech platforms. It’s also a material liquidity provider in crypto markets. It currently has a portfolio of equity exposures to 29 start-ups and scaling tech businesses, including: Stashfin, the fast-growing consumer lender in India; Scalapay, the Italian Buy Now Pay Later unicorn; Grover, Europe’s market leader in technology rentals, and FlexCar, the automotive flexible rental company built to make car ownership and usage as accessible and convenient as possible; and more.
Fasanara pioneered the opportunity in technology-driven lending to fintechs at the infancy of the market in Europe, before many others in this sector and its innovative approach recently saw Fasanara Capital named one of the fastest growing companies of 2022 by the Financial Times. Today, Fasanara has $4 billion AUM and helps bridge the gap between credit-starved SMEs and European institutional investors looking to support new financial disruptors in ways that are sustainable, scalable, and empowered by data.
