Lenderwize said to bag €100m in debt funding

Lenderwize, an invoice platform for digital commodities, has reportedly raised €100m in a new debt funding round.

The loan was supplied by Fasanara Captial, an alternative asset management firm, according to a report from Tech.eu.

This credit facility will help Lenderwize expand internationally, with plans to enter France, Germany, Spain and the US in 2022.

Lenderwize is a peer-to-peer invoice marketplace for digital commodities, including voice, data and digital content. Its services are used by mobile operators, telecom wholesalers, digital merchants and DCB aggregators.

Fasanara CEO Francesco Filia told Tech.eu, “We have a successful track record with Lenderwize as its platform truly mitigates risk, while capturing a whole new asset class to invest into. Lenderwize is serving a huge addressable market in the telecommunications sector with a unique model and an innovative platform.”

Fasanara has invested into a number of FinTech companies this year. It recently led the £20m seed round of PropTech platform Fronted. The platform aims to help ease the deposit payments of renters, by using a deposit from one property to be transferred to the next.

Copyright © 2021 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.