NEWS
Fasanara Capital Provides €250 Million Working Capital Facility to Job&Talent in Partnership with Barclays
24 October 2024
Fasanara Capital is pleased to announce the provision of a €250 million working capital facility to Job&Talent, in partnership with Barclays. This facility, structured as a trade receivables securitization, will support Job&Talent’s growth as the world’s leading digital marketplace for essential work.
Job&Talent has rapidly expanded its platform, matching workers with top companies globally, and has become a key player in sectors like logistics, retail, and manufacturing. This facility will help Job&Talent continue to scale and offer flexible employment opportunities to thousands of workers worldwide, further cementing its role as a vital connector in today’s labor market.
About Job&Talent
Job&Talent is a world-leading marketplace for essential work, matching great people with great companies directly through its platform. Founded in 2009, its mission is to empower workers by offering stability, faster job placements and fair treatment, while supporting companies with efficient workforce management solutions. The AI-enabled platform streamlines and automates workforce management, helping businesses achieve higher productivity and workforce reliability. In 2023, Job&Talent placed over 310,000 workers in more than 3,800 companies across industries like logistics and retail. Headquartered in Madrid, Job&Talent operates in 10 countries across Europe, the U.S., and Latin America, backed by leading investors such as Atomico, Kinnevik, and Softbank.
About Fasanara
Fasanara Capital is a London-based, FCA-regulated asset management company founded in 2011. With a strong focus on fintech and technology-driven investments, Fasanara Capital is a pioneer in alternative credit, managing around $4 billion in fintech strategies for pension funds, insurance companies, and other institutional investors globally. Through innovative financial solutions, Fasanara Capital continues to empower businesses with the working capital they need to thrive. For more information on this announcement, please visit: https://www.jobandtalent.co.uk/news/working-capital-facility