Zvilo, a working capital lender
committed to bridging the global trade finance gap, has today announced the
expansion of its debt facility with long-standing capital partner Fasanara Capital - a
London-based, owner-managed investment management company. The facility has
been increased to up to €75 million, building on an initial commitment from
Fasanara in October 2022.
This new milestone reflects the
deepening of the relationship between the two firms, with Zvilo having
successfully drawn on the initial commitment to scale its regional presence and
support clients across over 39 markets. The additional headroom within the
facility will enable Zvilo to meet growing demand and accelerate its strategic
expansion, particularly across Africa, Turkey, and the broader Middle
East.
Admir Imami, Chairman at Zvilo,
commented: “Fasanara has been an avid and early supporter of Zvilo. This
expanded facility is a strong endorsement of our performance and vision to
close the $2.5 trillion global trade finance gap. As we strengthen our presence
in emerging markets, we are excited to continue scaling alongside a partner
that shares our mission”
According to Zvilo, the full €75
million facility positions Zvilo to expand its portfolio, enhance regional
hubs, and support a growing base of MSME clients with fast, data-driven trade
finance solutions.
Peter Maila, CEO at Zvilo Africa,
added: “With support from Fasanara, Zvilo has already funded businesses
across 39 markets. This facility expansion allows us to build further in Africa
and beyond, driving meaningful economic impact through scalable access to
capital. Fasanara’s continued partnership is a strong endorsement of Zvilo’s
strategic leadership and bold vision in building a global trade finance
platform. It also reflects confidence in the scale and sophistication of
Zvilo’s AI-driven technology, which is accelerating the efficient deployment of
capital across the markets we serve”
Francesco Filia, CEO at Fasanara
Capital, commented: “We back fintech platforms that are reshaping the SME
lending landscape. Zvilo’s use of technology, disciplined underwriting, and
regional expertise align well with our vision for next-generation credit. We
are proud to continue supporting their growth and impact.” The increased
facility marks a significant milestone for Zvilo as it scales its presence and
impact across emerging markets, empowering thousands of MSMEs with timely
access to capital.
