NEWS
Strategic Partnership - Fasanara & Allianz Trade: $1bn B2B eCommerce fund
20 September 2023
Global asset manager, Fasanara, has launched a $1bn fintech fund to target the booming B2B eCommerce sector, supported by trade credit insurer, Allianz Trade.
Fasanara plans to purchase receivables generated firms in the B2B eCommerce sector, in turn helping to support their continued growth, while Allianz Trade ("AA" rated with Stable Outlook by S&P) will underwrite the credit risk of each purchase.
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.
- Francesco Filia, Founder & CEO of Fasanara
Fasanara has made a series of increasingly large deals over the years, expanding from receivables financing to real estate, consumer and even sport financing. Today the firm has over $4bn in assets under management (AUM), including capital from large insurers and pension funds.
For Allianz Trade, the partnership will see it integrate with Fasanara’s internal investment and underwriting systems in order to assess credit requests instantaneously.
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.
- François Burtin, Global Gead of eCommerce at Allianz Trade