Untangled Finance, the London-based FinTech, has recently finalised a strategic fundraise of £11m.
This multi-year strategic funding was led by Fasanara Capital, a pioneer in FinTech investment and lending.
In brief:
- The platform’s unique protocol specialises in tokenising real-world private credit assets, such as invoices and SME loans, converting them into on-chain structured credit pools. These pools consequently enable the issuance of collateralised debt notes, catering to both DeFi and TradFi investors.
- The recent funding will fuel Untangled’s vision to democratise capital accessibility and pricing.
- Untangled Finance leverages tokenisation, a process utilising blockchain technology, to introduce traditional assets on-chain. This ensures fractional ownership, borderless access, lowered investment thresholds, enhanced transparency, and a secure, immutable transaction record.
What does this mean?
Untangled Finance’s co-founder Manrui Tang said, “Since 2017, our focus has been on real-world asset tokenisation where we see growing interest. Our partnership with Fasanara is a step towards developing reliable DeFi yield mechanisms, broadening the investment possibilities in crypto but also helping to mitigate its inherent volatilities, all while striving to make finance more accessible around the world.”
Lastly, Fasanara Capital’s CEO and CIO Francesco Filia added, “We see an upcoming merging of worlds on one side, fintech lending which fills the gap in underserved SME and consumer markets and, on the other, the way values are being transferred within the new world of digital assets.
“The Untangled team has a rare combination of being rooted in real world finance and yet has acquired deep expertise in blockchain and DeFi. We are looking forward to working with Untangled to engineer these entirely new financial rails so, for the first time, being able to handle users at scale.”
