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

Chubbi

Recent Posts

Bitcoin’s Correlation With Technology Stocks Is Growing With Confidence About Interest Rates

Bitcoin's correlation with mainstream assets, like tech stocks, is on the rise, fueled by optimism…

2 hours ago

Binance Executive Now Stuck In Nigeria Because Court Denied Bail

The Federal High Court in Abuja has denied bail to Tigran Gambaryan, a senior Binance…

3 hours ago

Notcoin Donation Worth Of $6.8M Sent To Telegram’s Founder

Pavel Durov and Telegram has reportedly received the Notcoin donation of 1.03B tokens ($6.8M). Following…

3 hours ago

Crypto Expert Releases List of Top Altcoins to Buy for Maximum Profit in the Bull Market

A seasoned cryptocurrency expert has handpicked ten altcoins that could lead to substantial gains during…

4 hours ago

Altcoins with 50X Potential Under the Whale’s Radar

Exploring lesser-known cryptocurrencies can lead to significant investment discoveries. As the bull run gains momentum,…

4 hours ago

Easily generate passive income with AST Mining Free Cloud Mining – Daily Payouts

In the dynamic world of cryptocurrency, AST Mining emerges as a prominent cloud mining platform…

5 hours ago

This website uses cookies.