Participated · Debt Financing · Jun 2026

Plata was founded in Mexico in 2023 by former top managers of Tinkoff and is led by CEO Neri Tollardo. In February the company received a banking license and began operating as a full bank. Plata has grown rapidly: annual revenue reached $600M and its credit portfolio expanded roughly 170% to nearly 10 billion pesos in 2025. The company has raised over $2 billion in combined equity and debt since inception and most recently secured a $405M financing that valued it at $5.0B. Leadership additions include the hire of Marcos Cantt as chief financial officer. Plata is considering an IPO as it continues to scale in Mexico's large underbanked market.

Participated · Debt Financing · Apr 2026

Addi operates a digital lending platform that serves more than 2.5 million consumers and 33,000 partner merchants. The company originates consumer and merchant credit and uses these receivables as part of financing structures such as the recently closed warehouse facility. Its debt now totals over $680 million following the new $150 million line led by J.P. Morgan and supported by Fasanara Capital. The platform positions itself as a conversion engine for merchant sales across a mix of SMEs and large brands. With the added liquidity, Addi plans to continue scaling its merchant and consumer network and to consolidate its market position in Colombia while exploring expansion into new markets. Fasanara’s third participation signals ongoing institutional investor confidence in Addi’s underwriting and risk model.

Participated · Series A · Jan 2026

Flying Tulip’s core product is ftUSD, a delta-neutral stablecoin designed to maintain stability through on-chain mechanisms that let holders redeem tokens for their original contribution (e.g., ETH) at any time. All Flying Tulip (FT) tokens are sold at $0.10 with a capped fully-diluted valuation of $1 billion, and the token structure includes a perpetual put that enables continuous liquidity for investors. The project has attracted significant demand, garnering soft commitments of roughly $1.6 billion even though it expects to accept only about $400 million in upcoming whitelist rounds. In October, Flying Tulip closed a $200 million seed round, and its recent raises have lifted total funding to $225 million. The team has already collected $25.5 million in a Series A token round and $50 million through Impossible Finance’s Curated platform, and it has earmarked another $200 million allocation for an upcoming CoinList sale. Management plans additional whitelist rounds to reach a combined $1 billion target raise. With billions of dollars of interest already logged on Impossible Finance and CoinList, the fundraising is likely to be oversubscribed, underscoring strong market appetite for the ftUSD model.

Led · Debt Financing · Jan 2026

Founded in 2015, Tide delivers an integrated financial ecosystem that lets small and medium-sized enterprises open business accounts, make payments, raise invoices, sync with accounting software and access credit products from one app. The company also supports company formation and ongoing compliance, positioning itself as a full-service operating system for businesses. Tide employs 1,395 people (December 2023) and focuses on automating back-office tasks to reduce administrative friction for its customers. To date it has raised $181 million across equity and debt, giving the firm a £958 million valuation as of September 2025. With fresh capital, management plans to deepen SME lending capabilities, accelerate international expansion and broaden its embedded finance offerings. The platform’s future roadmap includes scaling customer acquisition and investing further in technology infrastructure to support profitable growth.

Participated · Equity · Oct 2025

Turtle has built a liquidity distribution protocol that curates opportunities, consolidates liquidity, and routes it to DeFi partners via a data-driven coordination layer. The platform currently serves an expanding network, linking more than 358,000 wallets and routing over $5.5 billion in liquidity. To date, the company has generated more than $6 million in revenue, illustrating the sustainability of its model compared with short-term incentive schemes. Led by CEO Essi Lagevardi, Turtle is now focusing on accelerating the rollout of its Earn infrastructure, enlarging its engineering team, and deepening multi-chain integrations. The recent capital injection lifts its total external funding to $11.7 million. These resources are intended to fuel further product development and ecosystem expansion across multiple blockchains.