This is the latest FinTech play from the London-based asset manager
In Brief:
Fasanara Capital has unveiled a new $350mn fund and completed a first close of $100mn.
It aims to find the next generation of digital lenders and traders in digital assets, including crypto across Europe.
Fasanara previously has funded tech companies, including BNPL company Scalapay and consumer electronics rental startup Grover.
What does this mean?
The investment platform believes the European asset management industry is on the brink of a huge tech-led transformation and intends to be at the forefront of that change as a digital lender and trader of alternative assets.
