UK investor Fasanara Capital has picked up a $200m mandate from one of Canada’s biggest pension funds to target fintech deals.
Fasanara will target fintech lending platforms using the new capital, which comes six months after the firm raised $350m for its latest crypto and fintech-focused flagship fund.
Firm CEO Francesco Filia said the latest deal marked “another major milestone” for the firm, adding that the capital would help bolster its existing platform investments.
Global markets remain extremely volatile amid ongoing inflation and interest rate wars, while the cryptocurrency market has imploded since its record highs of November last year.
Fasanara investments to date include Indian consumer lender Stashfin and car rental platform FlexCar.
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