Fintech company BillFront today has announced it has secured €50 million in a multi-currency asset-backed financing from Fasanara Capital and that it will go under a new name, Vane.The company has secured its exact brand match Vane.com
The rebrand to Vane reflects the company’s strategy to roll out a wider suite of financial products and illustrates how Vane lends financial power to digital businesses, giving them a capital advantage in the market.
Vane is a strong new identity reflective of our ambition to build next generation finance tools to meet the dynamic capital needs and aspirations of today’s Tech Entrepreneurs.
Vane Founder and CEO, Greg Dimitriou
Vane currently operates from offices in London, Berlin and New York, and provides non-dilutive capital to companies that operate digital business models. Since its establishment, Vane has provided over $350m in capital across tech and media companies in 10 countries. The Company was founded in 2015 by Fintech Entrepreneur Greg Dimitriou after twelve years in Technology, Media & Telecom (TMT) Investment Banking at JP Morgan in London and New York.