Allianz Trade and Fasanara Capital launch fintech fund

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 (£806m) 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.”

By Mark Adair – Correspondent, Bdaily

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