• BTC $16910.53 -0.06 %
  • ETH $1271.23 -0.06 %
  • BCH $109.80 0.00 %
  • SOL $13.46 0.00 %
  • XRP $0.39 -0.10 %
  • BNB $288.60 -0.03 %

Fasanara Capital Lands $200M Canadian Pension Fund Mandate

1 min read Original Link

Fasanara Capital, an alternative credit and venture capital investor, has landed a strategic $200m mandate from one of Canada’s largest pension investors. The cash will be used to lend to fund invoice receivables, working capital facilities, short-term SME loans, as well as other speciality finance loan products.

Launched in 2011, Fasanara Capital deploys capital to fintech lenders and more recently launched a $350m VC Fund focused on global fintech and Web3 startups. The company now has over $4bn in assets under management (AUM) and is planning an expansion into the US.

It has a current portfolio of equity stakes in 29 start-ups including Indian consumer lender Stashfin, Italian Buy Now Pay Later unicorn Scalapay, German tech rental platform Grover and FlexCar, a car rental company. Fasanara also describes itself as a “material liquidity provider” in crypto markets. This capital will help bolster our portfolio companies, by providing them with the certainty that they can access a range of financial products, should they need them,” said Francesco Filia, CEO of Fasanara Capital.

All Comments