Bill financier Lenderwize raises €100m from backer Fasanara Capital

Alternative loans

The deal comes less than 24 hours after Fasanara led Fronted’s £20million debt and capital raise.

Image source: Augusto Pellegrini/Lenderwize.

Lenderwize, a bill finance marketplace for telecom companies, closed a massive €100 million debt financing to pave the way for the international expansion and internationalization of its platform.

Based in London, Lenderwize enables telecommunications operators to improve their cash flow by selling customer invoices related to voice, data and digital content to investors wishing to take an equity stake in these products.

The new approach includes real-time bill verification by providing investors with the characteristics of the products they are investing in, such as call duration, origin, destination and cost. Lenderwize validates this data directly with the telco.

This new funding has been provided by credit investor Fasanara Capital, the same investor who led the debt part of Fronted’s £20m raise just yesterday.

Augusto Pellegrini, director of strategic partnerships and co-founder of Lenderwize, said the funding would help the company to: “quickly pursue our international development plans, which include entering new markets in Europe and the United States. from the first quarter of 2022″.

Lenderwize’s European plans are highlighted by launches in France, Germany and Spain next year.

Fasanara CEO Francesco Filia described Lenderwize’s work as “capturing a whole new class of assets to invest in”.

“Lenderwize serves a huge addressable market in the telecom industry with a unique model and innovative platform. We are delighted to continue to work closely with Lenderwize and its management team, and to help them grow in Europe and the United States.

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