Untangled Finance Raises £12.8M to Tokenize Private Credit Assets on Blockchain

London-based fintech company Untangled Finance has successfully raised £12.8 million in multi-year strategic funding to advance its mission of bringing institutional-grade private credit assets onto the blockchain. Fasanara Capital, a fintech investment platform and lending pioneer, is the lead investor in this round.

Founded in 2020 by professionals with extensive experience in finance, asset origination, and emerging markets, Untangled focuses on tokenizing real-world private credit assets like invoices and SME loans. These tokenized assets are organized into structured credit pools on-chain, enabling the issuance of collateralized debt notes to both DeFi and traditional finance (TradFi) investors.

Untangled Protocol is particularly focused on private credit markets and aims to bridge the gap for underserved SMEs and consumers. Through its partnership with Fasanara, the protocol gains access to a network of over 130 verified asset originators across 60 countries, providing investors with opportunities to access institutional-grade assets that were traditionally available only to major financial institutions.

Untangled Finance plans to launch on the Celo blockchain in early October, with further expansion onto Polygon and Ethereum through Chainlink's Cross Chain Interoperability Protocol (CCIP). This makes Untangled one of the early multichain and interoperable protocols for real-world asset (RWA) credit.