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Finspot Secures Facility of up to €25 Million from Fasanara Capital

31 October 2025

Belgrade | London, 31 October 2025 — Fasanara Capital has entered into a partnership with Finspot, a technology-driven SME financing platform, to launch a financing program of up to €25 million, with €10 million already committed.

Following an extensive due diligence and structuring process, the partnership will provide Finspot with flexible funding to expand its digital factoring and alternative financing solutions for small and medium-sized enterprises across Southeast Europe.

We are excited to launch this debt funding partnership with Finspot, a company that combined technology, underwriting sophistication, and local insight to build a scalable, impactful SME financing platform in growing markets,” said Matt Kus, Partner and Head of Origination at Fasanara Capital. “This collaboration aligns directly with Fasanara’s goal of supporting innovative fintechs that bridge the financing gap for small and medium businesses, using technology as a driver of efficiency and inclusion."

Founded in Serbia, Finspot operates digital factoring services in Serbia and Croatia, supported by its technology and analytics arm. The company focuses on using data, automation, and advanced risk models to provide fast and reliable financing to SMEs, aiming to help them manage liquidity and support their growth. Finspot has also developed tokenization products that enable digital bond issuance and expand access to innovative financing models.

This partnership represents a major validation of the platform and vision we’ve been building,” said Miljan Gudelj, Jovan Milovanović, and Ognjen Kurtić, Co-Founders of Finspot. “Fasanara’s support will help us accelerate our growth, strengthen our technology, and deliver more efficient, data-driven financing solutions to thousands of SMEs across the region. We see this as the beginning of a long-term collaboration focused on innovation, scale, and impact.

The collaboration marks another step in Fasanara’s mission to partner with fintech innovators driving the transformation of private credit markets through technology, data, and inclusion.


About Fasanara Capital

Founded in 2011, Fasanara is a global investment manager that offers tech-enabled asset-based credit and digital assets solutions. With c. $5.5 billion in assets under management (as of October 2025), Fasanara employs a technology-driven, systematic investment approach to deliver uncorrelated returns. Fasanara manages capital on behalf of pension funds and insurance companies across the world.

With c. 120 employees globally (as of October 2025), Fasanara is a pioneer investor in Fintech Lending through its liquid Alternative Credit funds, enabling Real Economy Impact. Powered by its technology platform with 141 fintech lenders fully integrated from over 60 countries, Fasanara manages one of the largest and longest standing Fintech Lending fund in Europe. Fasanara Capital is authorised and regulated by the Financial Conduct Authority in the United Kingdom.

Additionally, Fasanara invests in early-stage Fintech companies through its venture capital vehicles, using its central role in the ecosystem to identify revolutionary new businesses. For more information, please visit www.fasanara.com.


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