Fasanara Capital, A Crypto Venture, Has Been Issued A $200 Million Canadian Pension Fund Mandate
Fasanara Capital, an alternative credit and venture capital investor, has received a $200 million strategic mandate from one of Canada’s major pension funds.
The funds will be utilized to fund invoice receivables, working capital, short-term SME loans, and other specialty financing credit products.
Fasanara Capital, which was founded in 2011, invests in fintech lenders and has recently created a $350 million venture capital fund focused on global fintech and Web3 firms.
The firm presently has over $4 billion in assets under management (AUM) and is planning an expansion into the United States.
It currently has equity investments in 29 start-ups, including Indian consumer lender Stashfin, Italian Buy Now Pay Later unicorn Scalapay, German tech rental platform Grover, and car rental business FlexCar.
Fasanara also refers to itself as a “material liquidity provider” in the cryptocurrency market.
This money will benefit our portfolio firms by assuring them that they will have access to a variety of financial solutions should they require them,” said Francesco Filia, CEO of Fasanara Capital.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
Author
News
Fasanara Capital, A Crypto Venture, Has Been Issued A $200 Million Canadian Pension Fund Mandate
Fasanara Capital, an alternative credit and venture capital investor, has received a $200 million strategic mandate from one of Canada’s major pension funds.
The funds will be utilized to fund invoice receivables, working capital, short-term SME loans, and other specialty financing credit products.
Fasanara Capital, which was founded in 2011, invests in fintech lenders and has recently created a $350 million venture capital fund focused on global fintech and Web3 firms.
The firm presently has over $4 billion in assets under management (AUM) and is planning an expansion into the United States.
It currently has equity investments in 29 start-ups, including Indian consumer lender Stashfin, Italian Buy Now Pay Later unicorn Scalapay, German tech rental platform Grover, and car rental business FlexCar.
Fasanara also refers to itself as a “material liquidity provider” in the cryptocurrency market.
This money will benefit our portfolio firms by assuring them that they will have access to a variety of financial solutions should they require them,” said Francesco Filia, CEO of Fasanara Capital.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
Other Posts
Related Posts
Latest
BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability
Qubetics Presale Price Surge Approaches: The Best Coins to Invest in Right Now While Toncoin, and XRP Gain Traction
Book of Meme Old News? This Best Meme Coin to Invest in 2024 Is Multiplying Gains Like a Champ
Press Release
BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability
Qubetics Presale Price Surge Approaches: The Best Coins to Invest in Right Now While Toncoin, and XRP Gain Traction
