Untangled Finance Receives $13.5m Funding from Fasanara Capital

Published about 1 year ago

Untangled Finance, a London-based fintech company, has secured a $13.5m equity funding round led by Fasanara Capital.

Untangled Finance is working on introducing institutional-grade private credit, such as invoices and SME loans, onto the blockchain. The strategy involves shifting these assets on-chain through structured credit pools. This move will then enable them to issue collateralised debt notes, providing investors with a trading opportunity.

Fasanara Capital’s involvement

Fasanara Capital, one of the biggest investors in alternative credit, manages over $4bn in assets. The company has debt investments in various sectors, ranging from receivables financing to real estate.

Francesco Filia, CEO and chief investment officer of Fasanara Capital, expressed his excitement about the upcoming merge of two worlds. One is the fintech lending world that fills the gap in underserved SME and consumer markets, and the other is the realm of digital assets. Filia is eager to collaborate with Untangled Finance to develop entirely new financial rails capable of handling users at scale for the first time.

Partnership Advantages

By partnering with Fasanara Capital as a strategic investor, Untangled Finance can tap into a network of over 130 asset originators across 60 countries. This access will provide a significant boost to the fintech company when trying to connect with investors seeking alternative methods of market access.

Manrui Tang, co-founder of Untangled Finance, has described the partnership as a step towards crafting reliable DeFi yield mechanisms. This development not only broadens the range of investment possibilities in crypto but also helps mitigate inherent volatilities. This partnership is part of Untangled’s mission to make finance more accessible worldwide.