Allianz Trade and Fasanara in

$1bn boost to global fintechs

20 September, 2023 | London

Fasanara and Allianz Trade join forces to grow fintech sector

 

  • Investment manager and trade credit insurer partner to support growth of global B2B e-commerce firms
  • New e-commerce fund allocation integrates alternative asset management and trade credit insurance expertise
  • Allianz Trade to use their predictive credit intelligence to instantly underwrite buyer credit risk in Fasanara’s new $1bn B2B e-commerce fund allocation

Fasanara Capital, the leading institutional asset manager, and Allianz Trade, the world’s leading trade credit insurer, are joining forces to provide up to a $1bn financing boost to the fast-growing global B2B e-commerce sector.

Fintech investors are seeking out investment opportunities in and returns from businesses that are creating rapid growth in B2B e-commerce. Fasanara’s latest plan to invest new e-commerce funds of up to $1bn and purchase the receivables  generated bridges the gap between investors and these fintech entrepreneurs.

Allianz Trade will underwrite the buyers of the B2B e-commerce businesses in the new fund, using its credit and risk analysis systems to assess credit requests instantly through its API (Application Programming Interface) technology, which integrates both companies’ respective internal investment and underwriting systems.

Combining Fasanara’s fund management and intermediation expertise with Allianz Trade’s digital trade credit insurance capability enables both parties to assess the credit risk of financing debt purchases in the new fund in real time, and make rapid debtor financing decisions using real time data. Tech-enabled trade credit insurance cover can reduce risk for the fund investors and offers increased access to capital for businesses, ultimately fuelling economic growth and growing a key sector of the global economy.

Francesco Filia, CEO of Fasanara Capital, said: "We are thrilled to collaborate with Allianz Trade in developing a cutting-edge digital payment solution for e-businesses to access financing. By combining Fasanara Capital's expertise in fintech with Allianz Trade's insurance and tech prowess, we are creating a synergistic ecosystem that will empower businesses and drive economic growth in the digital age."

Sarah Murrow, CEO of Allianz Trade in the UK and Ireland, said: "Our partnership with Fasanara Capital builds on our 100-year history of credit risk management and financing B2B trade at home and abroad and our new B2B e-commerce capabilities. Together, we are shaping new possibilities to finance economic growth."

“B2B e-commerce is a fast growth market and our API capabilities secure B2B online trading by providing real time credit decisions and insurance anywhere in the world, confirming our global leadership as the key enabler for this new market,” adds François Burtin, Global Head of e-commerce, Allianz Trade.

Hannes Monaghan, Trade Credit Insurance Broker at Turner Rawlinson, played an instrumental role in facilitating this partnership. Hannes said: “In these challenging times, businesses require both funding and protection more than ever. This partnership paves the way for such opportunities, underscoring our commitment to support the global fintech sector and fuel economic growth.”

 

ENDS

Allianz Trade
Adrian Russell
+44 (0)20 7860 2728
adrian.russell@allianz-trade.com

SEC Newgate
Ian Silvera/ Georgie Procter
+44 (0)20 3757 6874
allianztrade@secnewgate.co.uk

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Fasanara Capital Ltd.
Investor Relations
+44 (0)20 3430 2482
investors@fasanara.com

Fasanara Capital Ltd.

Colin Go
+44 (0)20 3430 2482
colin.go@fasanara.com

About Fasanara

Fintech Lending Pioneer – Investing in Real Economy via FinTech.

Fasanara Capital, a London-based regulated asset manager, was founded in 2011 and is also a technology platform. With approximately $4 billion in assets under management, the firm manages capital on behalf of primarily sophisticated institutional investors, including pension funds and insurance companies in Europe and North America.

Using proprietary technology, Fasanara is one of the largest fintech capital providers in the world, providing liquidity to lenders and digital asset companies. The firm is committed to investing in new lending technologies that are sustainable, scalable and data-driven. Fasanara has also invested across three venture capital funds to support early-stage technology companies.

About Allianz Trade

We predict trade and credit risk today, so companies can have confidence in tomorrow.

Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network analyses daily changes in +80 million corporates solvency. We give companies the confidence to trade by securing their payments. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in 52 countries with 5,500 employees. In 2022, our consolidated turnover was € 3.3 billion and insured global business transactions represented € 1,057 billion in exposure.