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.
Fasanara Capital, A Crypto Venture, Has Been Issued A $200 Million Canadian Pension Fund Mandate 3

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 Capital, A Crypto Venture, Has Been Issued A $200 Million Canadian Pension Fund Mandate 4

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

Chubbi

Recent Posts

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

16 minutes ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

44 minutes ago

Cosmos Developer Interchain Foundation Sold 3000 ETH Today

Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…

2 hours ago

Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance

George Town, Grand Cayman, 22nd November 2024, Chainwire

2 hours ago

Inflation Warning By Vanguard Amid Tariffs And Labor Issues

Inflation Warning by Vanguard highlights risks during Trump’s term, citing tariffs and tighter labor markets…

2 hours ago

Clanker Token Trading Volume Hits $59.8 Million High On November 21

Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…

3 hours ago

This website uses cookies.