Finspot Secures Facility of up to €25 Million from a Leading Fintech Investor Fasanara Capital
Belgrade | London, October 2025 — Finspot is proud to announce a landmark partnership with one of Europe’s most prominent fintech investors, London-based Fasanara Capital. Following an extensive due diligence and structuring process, Fasanara has committed to support Finspot with a financing program of up to €25 million, with €10 million already committed.
This partnership represents a major milestone for Finspot and underscores its mission to reshape digital factoring and alternative SME financing across Southeast Europe and beyond. It also marks a strong vote of confidence from one of the continent’s most active and forward-looking institutional investors in fintech and digital lending.
“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 has rapidly evolved into a regional fintech leader through its digital factoring operations 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 — helping them manage liquidity and grow sustainably. Finspot is also a fintech pioneer, having developed tokenization products that enable digital bond issuance and expand access to innovative financing models. For more information, visit www.finspot.com.
“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.”
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.
The transaction was supported by an exceptional group of advisors and partners. Special thanks go to Željka Motika and Ivana Bulatović (Motika & Partners), Andreas McConnell (Philip Lee), and Nick Stainthorpe (Reed Smith) for their legal expertise and dedication. Finspot also extends huge gratitude to Katherine Herbert, Ion Fratiloiu, and Paul Wilson from Finkr for their invaluable guidance and timely support throughout the process.
This partnership marks a new chapter for Finspot — one that reinforces its position as a pioneer in digital factoring and fintech innovation in Southeast Europe and beyond.