Fasanara has a front row seat to the evolving asset class of Fintech Lending and investing in the Digital Future. We’re constantly assimilating information, speaking with innovators, and developing our theses. Here’s a selection of important topics Fasanara has been discussing internally.
In this edition:
Fintech M&A activity
Evolving SME Business Finance in Saudi Arabia
Private Credit Is Targeting Void Left by Banks in Latin America
Greenwashing is impacting faith in ESG – can data be the saviour?
Paxos to stop minting BUSD stablecoins for Binance.
Fintech M&A Activity.
Consolidation is everywhere to be seen. On Friday, January 13, investment giant BlackRock announced it was acquiring a minority stake in SMB 401(k) provider startup Human Interest. The deal was just one of many M&A deals in the fintech space that occurred over the last weeks.
Evolving SME Business Finance in Saudi Arabia: Implications and Imperatives for Banks.
In Saudi Arabia, slowly but steadily, a fintech revolution is underway. The Arab Kingdom has locked its sight on an ambitious mission for a vibrant society and thriving economy, and digital SME business finance forms an integral part of it. The country has seen a 14.7x increase in fintech companies over 4 years, flying past its target of 60 fintech companies by 2030, to touch 147. In the past year itself, it saw 79% growth, with investments crossing USD 400 million.
Private Credit Is Targeting Void Left by Banks in Latin America.
Former Credit Suisse Group AG and Bladex bankers are launching a private credit fund focused on Latin America, hoping to use one of Wall Street’s hottest products to fill a void left by international banks cutting back on lending.
Greenwashing is impacting faith in ESG – can data be the saviour?