FCA-regulated Fasanara Capital raises $350M crypto and fintech VC fund


London-based asset manager Fasanara Capital has launched a $350 million investment fund to back fintech and cryptocurrency startups that can deliver new use cases for the emerging Web3 economy. 

The company, which manages $3.5 billion in assets, is targeting early-stage startups in the fintech and crypto spheres. It plans to establish long-term relationships with project founders and other industry veterans. This includes potentially larger equity commitments than traditional venture capital firms.

How To Get Free Crypto  

Founded in 2011, Fasanara Capital is a fintech investment firm increasingly specialized in digital assets and lending technologies. The company is regulated by the United Kingdom’s Financial Conduct Authority and has the backing of the European Investment Fund, a Luxembourg-based financial institution that facilitates small business loans through private banks and funds.

Two of Fasanara’s portfolio companies recently achieved unicorn status: ScalaPay, an Italian payment service provider, and Grover, a German smartphone and subscription service company. In the startup world, a unicorn is a company that achieves a valuation of $1 billion or more.

Venture capital funding into fintech and cryptocurrency startups continues to grow as investors look to identify the next wave of disruptive technologies. In Europe alone, more than 750 fintech financing deals totaling over $27 billion were reported in 2021, according to the organizers of the Tech.eu Summit. Meanwhile, data from Cointelegraph Research shows that crypto startups closed 1,349 deals in 2021 at a total value of roughly $30.5 billion.

Related: GameFi is showing signs of a mature landscape: Report

VC funds are allocating more resources to Web3 companies in 2022. Source: Cointelegraph Research Terminal.

Despite evidence of a bear market looming over the cryptocurrency industry, venture funding in the space has shown no signs of slowing in 2022. In the first quarter alone, crypto startups saw $14.6 billion in cumulative inflows from the venture capital community.

Coinbase Banner  

Go to Source
Author: Sam Bourgi

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.