2
Financial Services Capital, the specialist European private equity house launched last year, has completed a buyout of JZ Lending, which controls Spanish consumer finance specialist Unión Financiera Asturiana.
FSC’s investment is designed to accelerate the transformation and digitalisation of Ufasa’s business.
The firm said its capital commitment had also facilitated the acquisition by Ufasa of Spanish fintech company Zank, an omni-channel point-of-sale credit platform.
FSC co-founder and managing partner Matthew Hansen said, “Ufasa’s infrastructure and business are already being moved forward and pulled into the present by the leadership team headed by Pedro Escudero and Rafael Marin.
Knowledge-bank
Buyout
Deal
Financial-services
Financial-services-capital
Fintech
Fsc
Invest
Investment
Private-equity
Spain