London-based FinTech startup Ferovinum has secured a €468 million asset-backed securitisation programme to support the global drinks industry.
The funding involves credit investors like Pollen Street Capital and investment banks, aiding Ferovinum in international expansion.
Founded in 2018, Ferovinum offers capital and logistics solutions tailored to the drinks industry's challenges, enabling efficient procurement and distribution.
The startup plans to extend services beyond the UK, focusing on the US, EU, and Australia, aiming to enhance liquidity and storage capabilities in key US logistics hubs.