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

Best Crypto Presales to Watch This November: Get in Early on These Potential Breakout Coins

So, you’re on the lookout for the next big thing in crypto? Aren’t we all?…

1 hour ago

Robinhood Crypto Now Supports Solana Trading Again

Robinhood Crypto has expanded its U.S. platform with the addition of Solana, Pepe, Cardano, and…

6 hours ago

Missed Out on Chainlink Early Gains? This Layer-1 Project is Set to Explode to $15 After Mainnet Launch

If you’ve been following the crypto space, you already know that Chainlink (LINK) has been…

6 hours ago

BlackRock BUIDL Fund Expanded to New Blockchains to Boost Accessibility

BlackRock BUIDL funds have been expanded to Arbitrum, Aptos, Avalanche, Optimism, and Polygon.

8 hours ago

Metaplanet Bitcoin Holdings Helps Company Earn $28 Million in Profit

Tokyo-based Metaplanet Bitcoin holdings grew by $28 million, doubling to 1,018.17 BTC since late September.

8 hours ago

This website uses cookies.