Fasanara partners with Citi to structure $300M SellersFi debt facility

[New York, NY, December 13, 2023] — SellersFi, a global financial technology lending startup, closed a new $135 million US credit facility with Fasanara and Citi, with the potential to grow to $300 million.

This new investment will be deployed to further develop SellersFi’s innovative product offerings, expand its portfolio and enhance its technological infrastructure. Citi will provide most of the senior capital alongside Fasanara, with Fasanara to also provide the mezzanine capital in the transaction.

Fasanara will continue its support to SellersFi as the senior lender for other jurisdictions and products.

Fasanara has been a finance partner to SellersFi since February 2020 and this new facility reaffirms our commitment to this important relationship. We are excited to continue the good work with SellersFi and welcome the partnership with Citi.

- Francesco Filia, Founder & CEO at Fasanara

We are delighted to secure this credit facility with Citi, one of the largest banks in the world, and having Fasanara renew its trust in SellersFi’s team, strategy and products. In the current macro environment, this is an important milestone for enabling our growth with both existing and new partners, and answering the financing needs of thousands of e-commerce businesses.

- Ricardo Pero, Co-Founder & CEO at SellersFi

About Fasanara

Founded in 2011, Fasanara is a London-headquartered FCA-authorised investment firm and technology platform. We manage c. USD 4 billion in Fintech strategies on behalf of pension funds and insurance companies in Europe and North America, and a mandate from the European Investment Fund (EIF). With over 200 employees across five offices, we are a pioneer investor in Fintech Lending through our liquid Alternative Credit funds, enabling Real Economy Impact.

About SellersFi

SellersFi, formerly SellersFunding, is a global financial technology company that utilises AI driven credit scoring models and extensive integration with leading e-commerce platforms to offer working capital and cash management solutions to empower e-commerce merchants looking to grow. As e-commerce evolves, SellersFi will drive the fintech innovations that allow sellers and brands to worry less about funding and finance and to focus more on growth and achieving their business goals. From inventory and marketing to product launches, international expansion, and more, thousands of e-commerce sellers trust SellersFi to achieve limitless success.